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 ON THE COUP IN BENIN: 3 PEOPLE ARRESTED FOR PLANNING TO OVERTHROW THE PRESIDENT. (PHOTO).

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 Coup: Benin arrests 3 for allegedly planning to overthrow president


Benin prosecutors said Wednesday that the Republican Guard commander, a former sports minister and a businessman had been arrested on suspicion of planning a “coup d’etat” in the small West African nation.


Elonm Mario Metonou, the special prosecutor at Benin’s court for financial crimes and terrorism, said the alleged coup was planned to take place on Friday.


“It appears the Republican Guard commander in charge of the president’s security was engaged by the minister Oswald Homeky and Olivier Boko in order to carry out a coup by force on September 27, 2024,” the prosecutor said.


The court said Homeky was detained at around 1:00 am on Tuesday as he was handing over six bags of cash totalling 1.5 billion West African CFA francs ($2.5 million) to the commander, Djimon Dieudonne Tevoedjre.


Boko, known as a longtime friend of President Patrice Talon, was arrested separately overnight Monday to Tuesday in Benin’s economic capital of Cotonou, the court said.


He had recently started indicating that he would make a run for the presidency in 2026, when Talon’s second term in office ends.


Benin security forces have been on high alert after a series of attacks linked to violence from a jihadist uprising with its origins in the Sahel region that has spilled across its borders.


Once seen as a thriving multi-party democracy, Benin has become increasingly authoritarian since Talon came to power in 2016, critics say.


In August, an online critic of the president, Steve Amoussou, was detained and ordered to stand trial later this year on allegations of publishing falsehoods and “inciting rebellion”, judicial sources told AFP.

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