• Warns legal action scheme to defraud Nigeria

•Asks EFCC to investigate, arrest, prosecute alleged fraudsters

Alex Enumah in Abuja

The federal government has been warned to be wary of the ongoing arbitration against Nigeria, at the International Chamber of Commerce (ICC), Paris, France.

Specifically, the federal government was warned that the arbitration was another scheme to defraud the country of hundreds of million dollars, over investment that were never made in the country.