• Contact Us
  • About Us
Monday, January 12, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Legal Firm Faults EFCC On Role In Contract Agreement With IKOMI

metro by metro
February 9, 2024
in News
0
EFCC Bans Sting Operations At Night
0
SHARES
0
VIEWS

 

A legal firm, Alpha-Harris Solicitors has faulted the Economic and Financial Crimes Commission (EFCC) over what it regards as the anti corruption agency’s ‘ignoble role’ in the contract agreement between its client and Alausa Power Limited. The EFCC had recently in some national publications, the social media and its website, declared Mr Owumi Ikomi wanted, citing allegations of ‘crime of internet fraud, impersonation and obtaining money under false pretenses’.The agreement was for the rental and deployment of three units 1MW Power Plant at Ikeja Mall under a Power Purchase Agreement between Alausa Power Limited and Ikeja Mall.

Read Also

Trump Sees More US Strikes In Nigeria, New York Times Reports

World Less Safe After US Action In Venezuela, UN Human Rights Office

Ousted Maduro Pleads Not Guilty To US Narcotics Charges, Says ‘Iam Still President Of My Country’

Convinced that both the EFCC personnel and Alausa Power Limited, are deliberately dishing out falsehood calculated to purposely embarrass and destroy the hard earned reputation of its client, Alpha-Harris Solicitors explained: “ In reaction to these to these vexation and scandalous publications by the EFCC, our firm has taken up the challenge by filing relevant court processes to set aside the scandalous and defamatory publications. The processes are currently pending before the Lagos State High Court, Ikeja Division.
“On realizing that the team of the EFCC officials are only concerned with pursuing debt recovery for the personal interest of Alausa Power Limited, we approached the High Court of Lagos State in suit No. ID/15471MFHR/2023 Owumi Ikom & 2Ors Vs. EFCC and Alausa Power Limited & Others seeking declaratory reliefs and injunction restraining EFCC from further harassment arrest and/or detention of our Client regarding the rental Agreement between Alausa Power and us, ”, Alpha-Harris Solicitors said in a statement and full page advert editorials in some national daily newspapers.

The solicitors to Mr. Ikomi added: “To put the records straight, we wish to state unequivocally that there was nothing like internet fraud, neither is there anything like impersonation or obtaining under false pretences that was committed by our client in his transaction with Alausa Power. What we suspect is that, (it does appear) few bad eggs in the employment of the EFCC may be using their position in the Commission to work as debt recovery agents in pursuit of the commercial interest of Alausa Power Limited in abuse of their offices

Stating that the contract agreement between its client and Alausa Power Limited contains Arbitration Clause for resolution of any dispute arising from the contract, “as the issue arose, we served Notice of Arbitration on Alausa Power for referral of the dispute to Arbitration as stipulated by the contract. On January 30, 2023, which is 5 months before the agreed date for completion of the project and while the Notice of Arbitration has been served, our Client was informed that Alausa Power Limited wrote a petition to EFCC; which lead to EFCC freezing our Client’s bank account and sent invitation to his customers, vendors, suppliers purposely harassing them to report to their office for interrogation”.

According to the solicitors, by virtue of the Agreement, the delivery and commission of the Power Plant was to take place five (5) months after payment of Security deposit. Payment of the Security deposit was delayed and later made June 3. 2022, leading to project delivery time of December 2022. In August 2022, Parties had further renegotiation and by agreement further extended the contract delivery period by six (6) months which then extended the delivery period to June 2023. In September 2022, Alausa Power visited our Client facility, inspected the 1.5MW generator and 3 units of 1MW Gas Generators that is being deployed and reaffirmed the June 2023 extended delivery date. “
Strangely, in October 2022 exactly one month after their visit, our Client was contacted by the legal department of Alausa Power Limited and informed that the company is already calculating liquidated damages of N500,000.00 daily against our Client, a claim that was immediately rejected by our Client with a demand that the calculation of the liquidated damage be suspended forthwith as it will frustrate the performance of the contract and the delivery of the project”.

ALSO READ:US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

Meanwhile, Alausa Power Limited was already in default of her contract with customer due to the pressure of the failure of delivery of the project by a previous vendor, which put Alausa Power under significant pressure. To rescue the situation, our Client offered to do an early deployment of 1.5MW generator to help reduce the pressure Alausa power was getting from her customer and so that Alausa Power Limited does not lose the contract

Previous Post

US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

Next Post

Worship For Change Foundation Donates ₦33m To Four Special Needs Schools Across Nigeria

Related Posts

Trump
News

Trump Sees More US Strikes In Nigeria, New York Times Reports

January 9, 2026
United Nations
News

World Less Safe After US Action In Venezuela, UN Human Rights Office

January 6, 2026
Ousted Maduro Pleads Not Guilty To US Narcotics Charges, Says ‘Iam Still President Of My Country’
News

Ousted Maduro Pleads Not Guilty To US Narcotics Charges, Says ‘Iam Still President Of My Country’

January 6, 2026
Uninspiring Super Eagles B Crash Out Of CHAN 2024, After 4-0 Defeat To Sudan
News

Super Eagles Cruise Into AFCON Quarter Finals With Ruthless 4-0 Mozambique Route 

January 6, 2026
Next Post
Worship For Change Foundation Donates ₦33m To Four Special Needs Schools Across Nigeria

Worship For Change Foundation Donates ₦33m To Four Special Needs Schools Across Nigeria

Uninspiring Super Eagles B Crash Out Of CHAN 2024, After 4-0 Defeat To Sudan

Super Eagles Beat Algeria 2-0 To Book AFCON Semi With Morocco

January 10, 2026
ASUU Blasts COPSON Over Comments On Collective Bargaining, Expresses Commitment To Quality Education

Relieve As FG, ASUU Seal Agreement On 40% Salary Increase Next Wednesday

January 10, 2026
Whiplash: How Trump’s Threat To Strike Nigeria Further Reshuffles Pentagon Priorities 

Nigeria Pledges Stronger Security Response After Trump Warns Of More US Airstrikes 

January 10, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version