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INTELS seek N1b compensation against EFCC, others over share dividends investigation

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The Integrated Logistics Services Nigeria Limited (INTELS), has urged the Federal High Court, Abuja to award 1 billion naira as compensation (damages) against the Economic and Financial Crimes Commission Act (EFCC) and three others for investigating its shareholding structure and dividends.

The oil and gas logistics company in the suit marked FHC/ABJ/CS/485/2023 urged the court to hold that the anti-graft agency cannot probe a civil issue like its shareholding structure.

Joined in the case as respondents were the EFCC, Marko Zaja, Bay Blue Company S.A, and an unnamed defendant described as an “unknown person”.

In its Originating Summons dated April 5, 2023, and seen by ThePressNG, the company’s lawyer, Ama Etuwewe, SAN explained that during his client’s operation, it received a letter from the EFCC dated September 12, 2022, and titled “INVESTIGATION ACTIVITIES, RE: REQUEST FOR INFORMATION, FIRST REMINDER”.

He added that the investigation bordered on an alleged August 11, 2022, letter.

The senior lawyer accused the EFCC operatives of pursuing civil petitions contrary to its rules of engagement.

Etuwewe asked the court to stop the remaining defendants from using the EFCC to determine or re-open any civil petition against the company.

 

But the EFCC filed a notice of preliminary objection asking Justice Inyang Ekwo to strike out SUIT NO: FHC/ABJ/CS/485/2023 for being frivolous and an abuse of the court process.

EFCC’s lawyer, Barrister Abba Muhammed contended that the applicant is not entitled to any declaration or relief against any anti-graft agency.

He maintained that the EFCC is empowered by law to investigate all forms of financial crime.

 

At the resumption of proceedings on Monday, the matter seen was on the cause list, but proceedings did not hold for today.

As seen on the cause list, the matter was shifted to May 21, 2024, for a hearing.

ThePressNG reports that the Federal High Court has commenced its Easter vacation.

However, Justice Ekwo and Justice Donatus Okorowo are on duty as vacation judges for the Abuja division of the court.

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