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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UPDATE: THAI KING ENDORSES PAETONGTARN SHINAWARRA AS PRIME MINISTER. (PHOTOS).

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Thai king endorses Paetongtarn Shinawatra as Prime Minister.

 Thailand's new Prime Minister Paetongtarn Shinawatra talks to reporters after receiving a royal letter of endorsement for the post at the Pheu Thai party headquarters in Bangkok, Thailand, Aug. 18, 2024. 


👉 Thailand's new Prime Minister Paetongtarn Shinawatra, the daughter of controversial billionaire ex-premier Thaksin, vowed to boost the kingdom's sluggish economy as she formally took office on Sunday. 


Paetongtarn, at 37 the kingdom's youngest-ever PM, comes to power after a court sacked the previous premier and disbanded the main opposition party, throwing Thailand's ever-febrile political scene into a new round of turmoil. 


She is the third Shinawatra to be prime minister but will hope to avoid the fate of her father and aunt Yingluck, both of whom were thrown out of power in military coups. 


Paetongtarn accepted King Maha Vajiralongkorn's official written command to form a government in a ceremony at the headquarters of a former pro-Thaksin TV station on Sunday. 

More photos below. 






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