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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BODIES OF MIKE LYNCH AND HIS DAUGHTER HANNAH FOUND IN SUNKEN £30M SUPER YACHT. (PHOTO).

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Bodies of Mike Lynch and his daughter Hannah found in sunken £30m superyacht


Two bodies found in the wreck of Mike Lynch's superyacht were today confirmed as the tech mogul and his daughter Hannah.

The bodies of Lynch, 59, and his 18-year-old daughter were discovered in one of the ship’s cabins ‘between two mattresses’ on Wednesday.


Divers have been trying to access the cabins of the Bayesian since it went down on�Monday morning.

Earlier, the brother of James Cutfield, the captain, said his sibling was a "respected" sailor with years of experience on luxury yachts.

Cutfield, a 51-year-old from New Zealand, who survived the shipwreck, is recovering in hospital with his wife by his side


The Chief of Civil Protection later confirmed the bodies had been identified as Mr Lynch and his daughter, before announcing that two more bodies have been found and are about to be recovered by divers.

The freak incident came as the 59-year-old, known as 'Britain's Bill Gates', was enjoying a 'victory trip' to celebrate winning his US fraud trial over the £8.3billion sale of his tech firm Autonomy to Hewlett-Packard.


Four other guests have been missing since the sinking, with specialist divers desperately trying to access the boat amid hope survivors could be alive in air pockets inside the vessel.

Those still unaccounted for are Morgan Stanley boss Jonathan Bloomer, his wife Judy and US citizens Chris Morvillo and his jewellery designer wife Neda Morvillo. The body of one crew member, chef Recaldo Thomas, was found on Monday


Salvo Cocina, the director of Sicily's civil protection agency, confirmed two bodies were found in the wreck today and that divers have already brought them to the surface.

He said 'On behalf of myself and my colleagues, I would like to express my deepest sympathy to the families of the victims and express our condolences and closeness to them at this difficult time.' 

The challenging operation has been hampered by issues, including access to cabins being blocked by debris and thick silt preventing divers from being able to see inside windows.

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