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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BANGLADESH PRESIDENT DISSOLVES PARLIAMENT.(PHOTO).

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 Bangladesh President Dissolves Parliament


Bangladesh’s president dissolved parliament on Tuesday, a key demand of student protesters who led demonstrations that ousted longtime ruler Sheikh Hasina, a statement read.


“The president has dissolved parliament,” Shiplu Zaman, press secretary of President Mohammed Shahabuddin, said in a statement.


The statement also said that Hasina’s arch rival, Bangladesh Nationalist Party (BNP) chairperson Begum Khaleda Zia, a former prime minister, had been freed from house arrest.


Student protesters had threatened more demonstrations if parliament was not dissolved. The decision was taken following meetings with the heads of defence forces, leaders of political parties, student leaders and some civil society representatives, the presidential statement said.


Hasina’s flight on Monday ended her 15-year second stint in power. She had ruled the country for 20 of the last 30 years, having inherited the political movement of her father, state founder Mujubur Rahman, who was assassinated in 1975.

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