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

PRES. BIDEN REACTS TO SON'S GUILTY VERDICT IN GUN TRIAL: 'I AM ALSO A DAD'.(PHOTO).


 President Biden reacts to son Hunter's guilty verdict in gun trial: 'I am also a dad'



President Biden reacted to the guilty verdict in his son's gun trial, noting that he is a dad in addition to his duty as president.


"As I said last week, I am the President, but I am also a Dad. Jill and I love our son, and we are so proud of the man he is today," Biden said of his son, Hunter Biden, after the verdict. "So many families who have had loved ones battle addiction understand the feeling of pride seeing someone you love come out the other side and be so strong and resilient in recovery."


The president, who has in the past indicated that he would not use his power to appeal a guilty verdict for his son in the case, seemingly stood by that vow in his statement, saying he "will accept the outcome of this case and will continue to respect the judicial process as Hunter considers an appeal."



"Jill and I will always be there for Hunter and the rest of our family with our love and support," Biden said. "Nothing will ever change that."


The president was just one of several Biden family members who reacted in the immediate aftermath of the verdict. In the courtroom, Hunter Biden's uncle, James Biden, appeared angry as the verdict was read.


Hunter Biden's wife, Melissa Biden, turned to kiss her husband in the aftermath of ther verdict.


Hunter Biden himself showed very little emotion as the verdict was read, appearing motionless and looking ahead with wide eyes as the jury handed down its decision. After the counts were read, Biden hugged a member of his legal team and flashed a big smile at his attorney, Abbe Lowell.


Lowell issued a statement shortly after the verdict, saying that the legal team is "naturally disappointed by today's verdict."


"We respect the jury process, and as we have done throughout this case, we will continue to vigorously pursue all the legal challenges available to Hunter," Lowell said. "Through all he has been through in his recovery, including this trial, Hunter has felt grateful for and blessed by the love and support of his family."


Biden was supported throughout the trial by many family and friends, including first lady Jill Biden. Many of those supporters were unable to make it back to the courtroom as the verdict was read, instead getting stuck behind a security line as people rushed back to the courthouse to hear the verdict.


Biden also issued a statement shortly after the verdict, saying he came away "more grateful today for the love and support I experienced this last week from Melissa, my family, my friends, and my community than I am disappointed by the outcome."


"Recovery is possible by the grace of God, and I am blessed to experience that gift one day at a time," Biden said.


Biden was found guilty on all charges in the criminal case focusing on his purchase of a firearm in 2018. He faces a maximum of 25 years in prison with the conviction, though legal experts have said he is unlikely to face jail time.


Judge Maryellen Noreika has yet to set a sentencing date, instead indicating Tuesday that she would set a date for sentencing at a later time.

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