LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years  for N43.5m Fraud    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.   The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00   Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep
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EFCC GRILS 10 SUSPECTED OIL THIEVES IN UYO. (PHOTO). #PRESS RELEASE

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 EFCC Grills 10 Suspected Oil Thieves in Uyo

 

The Uyo Zonal Command of the Economic and Financial Crimes Commission EFCC, has commenced investigation of ten suspected illegal dealers in petroleum products, who were arrested onboard a ship loaded with 100 metric tonnes of petroleum product without an appropriate licence.


The ten suspects were arrested on board MT Queen Hansal Ship and handed over to the Command by the Nigerian Navy Forward Operating Base Ibaka, Akwa Ibom State, along with 100 metric tons of petroleum products.


While handing over the arrested suspects and exhibits to the EFCC, the Naval handing over Captain Uche Aneke said the Navy will continue to perform its duty and ensure that the Akwa Ibom State and its environment remained unfavourable for oil thieves. 


'The vessel MT Queen Hansal was involved in suspicious activities along Exxol Mobil oil field at position Lat 04'12' 956 N, Long 007'40' 186 'E' by switching off its Automatic Identification System (AIS) such  that the Nigerian Navy in its task arrested the ship, so the vessel and the 10 crew members were arrested by NNS OJI on December 28, 2023 during inspection and brought to base on December 30, 2023", he said.


Receiving the suspects and the products from on behalf of the EFCC, Deputy Superintendent of the EFCC, DSE Ayuba Zira thanked the Navy and assured  that a thorough investigation would  be conducted and culpable suspects prosecuted accordingly. 'We want to assure the public that the EFCC is going to investigate this conclusively and everyone found culpable will face justice. The Command will continue to work with the Navy to sanitize our oil industry and waterways", he said.

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