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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COURT ORDERS NCOS TO PROVIDE BINANCE CHIEF WITH A WHEELCHAIR. (PHOTO).

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 Court Orders NCoS To Provide Binance Chief With Wheelchair


A Federal High Court in Abuja has ordered officials of the Nigerian Correctional Service from Kuje to provide the detained executive of Binance Holdings Limited, Tigran Gambaryan, with a wheelchair.


Justice Emeka Nwite issued the order on Monday following a complaint from Gambaryan shortly after the court adjourned.


The Binance chief, who was walking with crutches, abruptly stopped in front of Justice Nwite and lamented that his health had deteriorated since his remand at Kuje due to inadequate medical care.


He admitted to the judge that although he has been living with a herniated disc for the past  12 years, his condition has worsened due to the lack of proper medical attention at the facility.


Gambaryan also mentioned that he now has difficulty walking and would appreciate it if his counsel’s request for a wheelchair was taken seriously.


Justice Nwite questioned the prison official present about why Gambaryan had been denied a wheelchair and subsequently ordered that one be provided which was immediately provided.


The trial was, however, stalled due to the absence of officials of the Central Bank of Nigeria (CBN) who were subpoenaed to produce some documents.


The trial has been adjourned to Wednesday, September 4, 2024.

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