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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MILLIONS OF AMERICANS CAUGHT UP IN CHINESE HACKING PLOT-US. (PHOTO).

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 Millions of Americans caught up in Chinese hacking plot - US    


Millions of Americans' online accounts person  been caught up   successful  a "sinister" Chinese hacking crippled   that targeted US officials, the justness  section  and FBI said connected  Monday. 


Seven Chinese nationals has  been charged with enacting a wide    "malicious" cyber-attack campaign.



The justness  section  said hackers targeted US and overseas   critics of China, businesses, and politicians.


The 7  men allegedly sent implicit    10,000 "malicious emails, impacting thousands of victims, crossed  aggregate  continents", successful  what the justness  section  called a "prolific planetary  hacking operation" backed by China's government.


"Today's announcement exposes China's continuous and brash efforts to undermine our nation's cybersecurity and people     Americans and our innovation," FBI Director Christopher Wray said.


"As agelong  arsenic  China continues to people     the US and our partners, the FBI volition  proceed  to nonstop   a wide   connection   that cyber espionage volition  not beryllium  tolerated, and we volition  tirelessly prosecute  those who endanger  our nation's information    and prosperity," helium  added.



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