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

NEW YORK CITY MAYOR ERIC ADAMS INDICTED ON FEDERAL CHARGES.(PHOTO).

 


New York City Mayor Eric Adams indicted on federal charges


New York City Mayor Eric Adams is facing federal criminal charges, according to CBS News, the BBC's US partner.

Federal investigators searched Gracie Mansion, the mayor's official residence, on Thursday morning, hours before prosecutors were expected to reveal details of the indictment. 

Adams, 64, was elected to lead the most populous US city nearly three years ago on a promise to rein in crime.

But he and a string of top officials in his orbit have faced growing scrutiny as part of multiple federal corruption probes, including whether his campaign received illegal foreign donations from Turkey. 


The exact charges will not be known until the indictment is unsealed.

Adams would become the first mayor in New York City's history to be charged while in office.

He released a video statement late on Wednesday where he vowed to fight the charges and remain in office, asking New York residents for both "prayers and patience". 

"I will fight these injustices with every ounce of my strength and my spirit," he says in the video, adding "I am innocent" and he plans to request an "immediate trial so New Yorkers can hear the truth". 

He also took on the flurry of calls for him to resign. 

"Now, if I am charged many may say I should resign because I cannot manage the city while fighting the case. 

"I can also understand how everyday New Yorkers would be concerned that I cannot do my job while I face accusations, but I have been facing these lies for months." 

Federal prosecutors are expected to unseal the indictment on Thursday, when Adams will make an initial court appearance, CBS News reports.

The reported charges come less than a year after  federal agents seized Adams’ electronic devices and searched the home of Brianna Suggs, his chief fundraiser.

It was later revealed that the US attorney's office in Manhattan was looking into whether Adams' 2021 mayoral campaign team conspired with the government of Turkey to funnel illegal donations into the campaign.

The New York Times reported on Monday that prosecutors subpoenaed the campaign and the mayor's office for information related to five other countries: Israel, China, Qatar, South Korea and Uzbekistan.

Adams has remained steadfast that he would remain in office even as a growing list of officials have called for his resignation. Earlier Wednesday, US Representative Alexandria Ocasio-Cortez - a popular figure in left-leaning New York - joined that list. 

"I do not see how Mayor Adams can continue governing New York City," Ocasio-Cortez wrote on X. "For the good of the city, he should resign."

Ocasio-Cortez referenced a recent "flood of resignations and vacancies “ which she said were threatening city government's ability to function.



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