The Federal Competition and Consumer Protection Commission (FCCPC) has commenced a broad investigation into segments of the importation, manufacture, assembling and or distribution of generators.
A statement by Babatunde Irukera, the Chief Executive Officer of the Commission, on Wednesday in Abuja, said the investigation was due to credible intelligence and preliminary inquiry obtained.
Mr Irukera said the commission on November 16, obtained a search warrant and order of the Federal High Court after convincing the court of probable cause and prima facie evidence of infringements of the FCCP Act.
He said that the purpose of the warrant and order was to secure vital information and evidence from key targets and large industry players whose businesses and practices had been implicated in the intelligence procured.
Mr Irukera said that surveillance work had already been done.
According to him, the investigation is progressing with forensic analysis,…
