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 ARRESTS TGREE FOR SUSPECTED NAIRA MUTILATION IN BENIN. (PHOTOS). #PRESS RELEASE.

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 EFCC Arrests Three for Suspected Naira Mutilation in Benin

 

Operatives of the  Benin Zonal Command  of the Economic and Financial Crimes Commission,EFCC, have arrested three persons for suspected naira mutilation and abuse.


The suspects were arrested following credible intelligence on their suspected involvement in Naira abuse. 

 

The suspects are: Stanley Ogbolu, 35,  Odiaka Sorwu 42, and Kelvin Anyakwu, 42

 

They were arrested in Asaba, Delta State at  a burial ceremony allegedly spraying naira notes on a celebrant.


The suspects will be charged to court as soon as investigations  are concluded.

 More photos below. 




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