Connect with us


News

AMCON: Judge Issues Criminal Summons On Sen. Ifeanyi Ubah, Capital Oil

Published

on

A Federal High Court sitting in Lagos has ordered that criminal summons be issued on Senator Ifeanyi Ubah and his company, Capital Oil and Gas Limited.

It ordered the duo to appear before it on 18th October 2023 for arraignment.

Advertisement

The Federal Government commenced in 2019 criminal prosecution of Senator Ifeanyi Ubah in an 8-count charge over his indebtedness to Asset Management Corporation of Nigeria, AMCON sometimes in 2019.

Among others, government accused Uba of making false claims in relation to the actual values of certain assets he transferred to AMCON under a consent judgment obtained in 2012, contrary to Section 54(1) of the AMCON Act.

Advertisement
READ ALSO:   Lagos Assures Inmates Of Free Legal Representations In Court

When the case came up on Tuesday, counsel to AMCON, Babatunde, told the Court that the defendants had been served with the amended charge and hearing notice.

He also told the Court that at the last adjourned date, Senator Ifeanyi Ubah was not in court and hearing notice of that day was also communicated to him.

Advertisement

Consequently, he urged the court to issue bench warrant against him.

However, the defence counsel, Ifeoma Esom, told the court that the matter was for report of settlement/plea taking.

Advertisement

She said the defendants were just informed that settlement had failed and it was on the basis of settlement that the Ifeanyi Ubah was not in Court.

READ ALSO:   BREAKING: Buhari Govt Slashes Data Price By 50%

The prosecutor objected on the ground that settlement cannot be reported on the matter as it is a criminal matter.

Advertisement

He said while parties may choose to settle, they cannot make that part of the business of a criminal court and the best that can happen is plea bargain

He also noted that settlement outside court does not give Senator Ubah, the authority to be absent from Court.

Advertisement

The Court declined to issue a bench warrant, but ordered that summons be served on Uba through his counsel, to appear in Court on the next adjourned date.

READ ALSO:   Interpol, Kenya Probe Two Nigerian Financial Tech Tycoons Over ₦128 Billion Funds

The Court also stated that if Senator Ubah fails to appear in Court, a warrant may be issued for his arrest.

Advertisement

Thereafter the presiding Judge adjourned the matter till 18th October 2023 for arraignment.

Advertisement
Advertisement







Also Read...