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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'PEOPLE DIE EVERYDAY'-SEUN EGBEGBE RECOUNTS PRISON EXPERIENCE. (PHOTO).

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 ‘People die everyday’ – Seun Egbegbe recounts prison experience


Nigerian filmmaker and producer Seun Egbegbe has recounted his experience during his time in prison.

Speaking in his latest interview with actress Biola Adebayo on the ‘Talk to B’ podcast, Egbegbe said he prayed fervently for survival during his stay in jail.

While appreciating God for saving him, the filmmaker noted that inmates are dying daily in prison.

“People died every day in that prison. It is not a good place. I told God that if you truly exist, then I must leave here alive.

“If you go and return, thank God. Know that He loves you and has given you a second chance to live.

“There is a cell for new prisoners; it is called ‘welcome cell’. If 20 people were brought in overnight, at least two would be found dead by the following morning.”

DAILY POST recalls that Seun Egbegbe was remanded in February 2017 after being accused of obtaining money by pretence from 40 Bureau De Change operators to exchange large sums of naira into foreign currencies.

The police charged him with fraud involving N39,098,100, $90,000, and £12,550. The court granted him N5 million bail but he could not meet the conditions and remained in custody.

He was finally acquitted in 2022, after five years and eight months behind bars.

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