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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MIKE LYNCH'S CO-DEFENDANT IN US FRAUD TRIAL 'FATALLY STRUCK' BY A CAR WHILE JOGGING. (PHOTO).

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 Mike Lynch’s co-defendant in US fraud trial ‘fatally struck’ by car while jogging


Stephen Chamberlain, once Mike Lynch’s co-defendant in a US fraud trial, has died after being hit by a car while out running in Cambridgeshire, his lawyer has said.

Chamberlain, the former vice-president of finance at British software firm Autonomy, was hit on Saturday morning and had been placed on life support, Reuters reported.


On Monday Lynch was reported missing after a superyacht sank off the coast of Sicily during a violent storm. One man, understood to be the vessel’s chef, was confirmed dead and six others, including Lynch and his 18-year-old daughter, Hannah, remained unaccounted for on Monday evening.

Chamberlain died after being “fatally struck” by a car while out running, his lawyer Gary Lincenberg said.

Lincenberg added: “He was a courageous man with unparalleled integrity, and we deeply miss him. He fought successfully to clear his good name, which lives on through his wonderful family.”

Cambridgeshire police had appealed for witnesses after the collision in Newmarket Road in the village of Stretham. The force had said a man in his 50s had been taken to hospital with serious injuries.

Chamberlain and Lynch were co-defendants in a fraud trial over the sale of Autonomy to Hewlett-Packard in 2011 for $11bn (£7bn).

The pair faced the same charges of fraud and conspiracy for allegedly scheming to inflate the company’s value before it was sold.

Both men were acquitted of all 15 charges by a jury in San Francisco in June.

After leaving Autonomy in 2012, Chamberlain worked as chief operating officer for cybersecurity firm Darktrace and volunteered as a finance director for League One football club Cambridge United.

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