By Uche Mbah
Another Nigerian Businessman, Ifeanyi Ubah, has Wednesday been charged to court by the federal government over allegations bordering on N135billion fraud.
In a four count charge filed in a Lagos High Court, the government Lawyer, Korede Adegoke, said that in the first instance, sometime between 2012 and 2018, Ubah made false claims “in relation to the actual values of certain assets transferred to Asset Management Corporation of Nigeria (AMCON) under the consent Judgement delivered in Suit no. FHC/ABJ/CS/714/2012 on the first day of July 2013 in partial payment of the indebtedness of Capital Oil and Gas Industries Limited with a view to defeating the realization of the said Judgement debt of the said Capital Oil and gas limited”.
