EFCC opposes Ifeanyi Ubah’s suit on alleged land fraud

The Economic and Financial Crimes Commission has opposed a suit filed by an Anambra State governorship candidate, Mr. Ifeanyi Ubah, seeking to stop the commission from investigating the land fraud and forgery allegations leveled against him.

EFCC stated, in its counter-affidavit filed before a Federal High Court, Lagos, that Ubah and his company, Capital Oil and Gas Ltd, were being investigated for various allegations of fraud emanating from a land transaction.According to the EFCC, the land transaction borders on a parcel of land located along Apapa-Oshodi Expressway, Ibafon, Kirikiri, Apapa, Lagos, which was allegedly leased to Ubah and Capital Oil “for a ridiculous amount of N600m for a tenure of 30 years”.Ubah and Capital Oil had filed the fundamental rights enforcement suit, FHC/L/CS/666/13, seeking “an order of perpetual injunction restraining the respondents from persecuting, detaining, threatening to detain or prosecuting the applicants” in respect of the case.Apart from the EFCC Chairman, Mr. Ibrahim Lamorde, other respondents in the suit are the Inspector-General of Police, Mr. Mohammed Abubakar, and the Attorney-General of the Federation, Mr. Mohammed Adoke (SAN).The applicants are also, through the suit, which is before Justice Saliu Saidu, seeking an order of perpetual injunction restraining all the respondents from conducting further “inquisition” on the transaction and declaring it “illegal, null, void and an infringement of their fundamental rights.”An EFCC operative, Mr. Osita Chiwendu, stated in the affidavit, dated June 5, 2013, that the commission received  two separate petitions, one of which was dated November 28,2013 from Deji Sasegbon & Co. on behalf of Dys Trocca Vaksesia & Co Ltd, against Ubah and Capital Oil.