The Federal Competition & Consumer Protection Commission (FCCPC), yesterday, said it commenced a broad investigation of the Jubaili Brothers, Mikano International Limited, and JMG for possible violation of importation, manufacture, assembly and or distribution of generators procedures in Nigeria.
For this purpose, the Commission said it obtained a Search Warrant and Order of the Federal High Court in Case No: FHC/ABJ/CS/2075/2022, on November 16, after sufficiently convincing the court that there is probable cause and prima facie evidence of infringements of the Federal Competition & Consumer Protection Act (FCCPA).
Executive Vice Chairman/CEO, FCCPC, Babatunde Irukera, in a statement yesterday assured that the investigation is “Pursuant to 17(e),(g), (l); 18(d), (h); 27, 28, 29, 30, 59, 70, 72, 107, 108 (and others) of the FCCPA 2018.”
He also explained that “The purpose of the Search Warrant and Order was to secure vital information and evidence from key targets and large industry players whose businesses and practices have been implicated in the intelligence so far procured, and surveillance work already done.
“The Commission simultaneously executed the Search Warrants on the identified targets has secured certain information from targets of the investigation. The investigation is progressing with forensic analysis, hearings, questioning, and other evidence gathering tools,” he added.
Accordingly, the Commission said it is “keenly interested in receiving feedback or experiences with respect to dealings; or any relevant knowledge of the business or practices of generator sellers or distributors.”
In particular, the Commission said it is interested in issues relating to “pricing, multiple, or duplicitous equipment models, import and or customs clearing practices; and any mutual communication or coordination between companies.”
The Commission also assured informants of confidentiality and anonymity if they so please and can send their information by email to: openpower@fccpc.gov.ng
The Commission is interested in issues relating to pricing, multiple or duplicitous equipment models, import and or customs clearing practices…