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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S. A: FOUR SUSPECTS BUSTED IN AN ATTEMPTED CIT ROBBERY, THREE AK-47 RIFLES, A PISTOL, DOZENS OF AMMUNITION AND STOLEN CAR CONFISCATED. (PHOTOS).

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 FOUR SUSPECTS BUSTED IN AN ATTEMPTED CIT ROBBERY, THREE AK-47 RIFLES, A PISTOL, DOZENS OF AMMUNITION AND STOLEN CAR CONFISCATED


According to a report, the success of this operation was made possible by the proactive efforts of Crime Intelligence, which provided crucial information about the suspects' plans. This information enabled a joint team to Spring into action and strategically position themselves along the R545 Road, heading to Ogies.


Upon spotting the suspects attempting to carry out the robbery in a white Mercedes-Benz Sedan, of which they failed, the members were able to intervene and prevented the attack on the security cash truck. The suspects then fled the scene in several other vehicles including a blue BMW 330i Sedan and charcoal Kia SUV. A high speed chase ensued, with law enforcement agencies successfully stopping the suspects in the Vosman Policing area.


During the arrest, the suspects were found in position of three AK-47 rifles with six (06) magazines as well as 134 live ammunition, one 9 mm pistol with two magazines and 27 live ammunition.


Additionally, hand gloves as well as balaclavas were confiscated during the arrest.


The vehicles used in the attempted robbery were cyst for further investigation with preliminary findings revealing that the Mercedes-Benz was reported stolen in Kabokweni last month ( July 2024).


The suspects will face multiple charges, including possession of prohibited firearms, possession of presumed stolen vehicle, and conspiracy to commit an robbery.


The suspects are due to appear at Emalahleni Magistrate's Court soon with the Directorate for Priority Crime Investigation (DPCI) taking over the investigation.


The confiscated firearms will undergo ballistic testing to determine whether these weapons were not previously used in the commission of crime elsewhere hence Police cannot rule out the possibility of adding more charges against the suspects as the investigation continues.

More photos below. 








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