Firm Petitions IGP, INTERPOL Over $25M Transformer Deal

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Three years after a law firm, LAWLEAD Consult petitioned the Inspector-General of Police to investigate alleged cases of Criminal Breach of Trust and Forgery against an Indian firm, Transformers and Rectifiers (India) Limited in a $25 million transformer deal, the suspects are yet to honour the invitation of the Nigeria Police through INTERPOL NCB Abuja even as the Indian company continues to make money from Nigeria.
In the petition sighted by journalist and signed by Abubakar Yahaya Ndakene, the law firm called for the investigation of the chairman of Transformers and Rectifiers (Indian) Limited, Jitendra Mamtora and the managing director, Satyen Mamtora to answer the allegations against them and their company.
LEADERSHIP findings showed that trouble started when Transformers and Rectifiers (Indian) Limited secured a $25 million transformer deal to supply transformers to Transmission Company of Nigeria (TCN), in a World Bank funded project, midwifed by their Nigerian agent, P-NEC Nigeria Ltd.
However, the company failed to pay the agreed commission of about 10 per cent to the Nigeria counterpart, which has necessitated corporate firm battle and legal battle since 2020.
Despite letters of invitation sent to the Indian company and their executives from INTERPOL and having knowledge of the case against them before the courts in Nigeria, they have refused to honour the invitations up till today, instead, the suspects and their company sent Indian lawyers to observe proceedings filed before the Federal High Court, Abuja.
In their lawyer’s words, “The defendants are absent. They sent lawyers from India -namely Aisnmwarya Reddy and Mr. Vinay Suarma to observe proceedings”.



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