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

KIDNAPPERS DEMAND N3M RANSOM TO RELEASE ABDUCTED UNIVERSITY STUDENT IN OGUN. (PHOTO).


 Kidnappers demand N3m ransom to release abducted university student in Ogun


…as family seeks govt’s intervention


Suspected kidnappers are demanding a ransom for the release of Christiana Idowu, a 300-level student at the Federal University of Agriculture, Abeokuta, who was abducted on August 19th along the Ikorodu-Yaba Road.

Christiana was on her way from her home in Itaoluwo, Ikorodu, to the University of Lagos, Yaba, where she was undergoing industrial training when she was kidnapped.

A family source, who preferred not to be mentioned, revealed on Monday that the abductors initially demanded N3 million for Christiana’s release.

It was gathered that the family, after several unsuccessful attempts to contact Christiana, was finally reached by the kidnappers using her phone.

Following desperate pleas from the family, the ransom was reduced from N3 million to N1 million, then to N500,000, and finally to N350,000.

It was learnt that despite the family complying with the ransom payment, the kidnappers refused to release Christiana, further demanding that the family provide a bank statement of the account from which the transfer was made.

The family has reported the case to the police and is seeking assistance from the government and the public.

Ogun state deputy police public relations officer, Folashade Oluwole, when contacted, stated she had not yet been informed of the incident but promised to investigate and provide updates.

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