The Federal High Court sitting in Lagos yesterday fixed October 18 for the arraignment of Senator Ifeanyi Ubah and his firm, Capital Oil and Gas, for allegedly making false claims to the Assets Management Corporation (AMCON).
Justice Nicholas Oweibo fixed the date following the Federal Government’s complaint that Ubah had repeatedly been absented from appearing to take his plea on the charge filed against him.
The judge directed that a summons be issued to Ubah and his firm through his counsel for the lawmaker’s appearance in court on the adjourned date.
Justice Oweibo declined an application to issue a warrant for Ubah’s arrest, as requested by prosecution counsel, Mr. Tunde Lawal of the law firm of Kunle Adegoke (SAN) & Co.
But the judge warned that the senator risked an arrest warrant should he fail to appear on the next date of adjournment.
The Federal Government initiated criminal proceedings against Ubah in 2019 in an eight-count charge over his indebtedness to AMCON.
The counts included conspiracy in making false claims in relation to the actual value of certain assets transferred to AMCON under a consent judgment obtained in 2012.
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