http://www.vanguardngr.com/2012/10/capital-oil-boss-ifeanyi-uba-to-remain-in-custody/


LAGOS — Efforts by the detained Managing Director of the Capital Oil and Gas Limited, Ifeanyi Uba, and four of his company’s executives to secure their bail, yesterday, suffered a setback as a Federal High Court, Lagos, refused their ex-parte application.

Uba and his officials had approached the court through an ex-parte application, praying it to grant them bail from police detention.
In his ruling, Justice Okon Abang, refused their ex-parte application while directing them to put the respondents on notice through a motion on notice. The matter is expected to be heard today.
Those who joined Ubah to ask for bail are Nsikan Usoro (Head of Trading), Godfrey Okorie (Depot Manager), Chibuzor Ogbuokiri (General Manager, Operations) and Orji Joseph Anayo (Executive Director, Operations).
Joined as respondents in the case are the Inspector General of Police, IGP, Commissioner of Police, SFU and Francis Idu Alonyenu, a Chief Superintendent of Police.
Their counsel, Joseph Nwobike, SAN had  argued that the court should release them pending the determination of a substantive suit challenging their continued detention.
They urged the court to grant them an order directing the respondents to admit the applicants to bail or release them from detention pending the determination of the substantive suit.
They also prayed for an order of interim injunction restraining the respondents and their agents from further arresting and detaining the applicants in relation to the same fuel subsidy issue pending the determination of the substantive suit.
It will be recalled that the applicants were arrested on October 9 by men of the Police’s Special Fraud Unit (SFU), Ikoyi, Lagos, for allegedly defrauding the country of N43.291billion in fuel subsidy fund.
A Magistrate Court at Tinubu, Lagos presided over by  Magistrate Martins Omowunmi, had last Thursday, a granted a request for remand, brought pursuant to Section 264 of the Administration of Criminal Justice Law of Lagos by the police, while he ordered that they be kept in police custody for 14 days.
The police said they were being investigated for offences bordering on economic sabotage, obtaining money by false pretences and stealing.
They were accused of defrauding the Federal Government, “by falsely pretending that the company had imported and sold 538, 74 million litres of Premium Motor Spirit during the 2011 fiscal year through 26 transactions.”

Buhari leave Ifeanyi alone

The police said they were being investigated for offences bordering on economic sabotage, obtaining money by false pretences and stealing.
They were accused of defrauding the Federal Government, “by falsely pretending that the company had imported and sold 538, 74 million litres of Premium Motor Spirit during the 2011 fiscal year through 26 transactions.”

Hoarding.....
Fuel subsidy scam.....

But his not the only one doing it.........

Old news, happened in 2012.

Omo na old na story oh

Poster are you stupid?

In this administration, once u commit an offence deemed to be against the population of Nigeria, u will not be bailed.

In a way it's us good and will sever as deterrent to other who may want to perpetuate such crimes. One the other hand, it's against human right to be detained when once is entitled to bail.

okay. where is Otedola? where is faruk lawal? these guys did their merry go round in dollar.

nnachukz:
okay. where is Otedola? where is faruk lawal? these guys did their merry go round in dollar.

if I have a case against them, bring it on and stop crying. He wasn't the only conpnay visited in October, but he was found wanting. You can start crying the igbo thing now because Dasuki is also igbo, right?

Some posters don kolo finally

Op is high on Oshogbo weed. Mydn44, please come and close this thread before some people will start screaming and wailing PMB.

Yes....PMB is not clueless like .......

Heads will roll ...

Destined2win:
Buhari leave Ifeanyi alone

Buhari

blazetitov:
Op is high on Oshogbo weed. Mydn44, please come and close this thread before some people will start screaming and wailing PMB.

Noo! Let the thread thrive- it will only go to show how twisted these guys' minds are. It would show they hate Baba for no just reason but his defeat of their tin god.

omenka:
Noo! Let the thread thrive- it will only go to show how twisted these guys' minds are. It would show they hate Baba for no just reason but his defeat of their tin god.

I tire for dem jare. Senseless wailers

SLIDEwaxie:
if I have a case against them, bring it on and stop crying. He wasn't the only conpnay visited in October, but he was found wanting. You can start crying the igbo thing now because Dasuki is also igbo, right?

You can read your comment again and please note you are in a forum and not in your duty post in front of your oga's gate. Don't be hasty to attach tribe to my innocent questions. Have the mentioned be cleared of their subsidy cases?

this goes to show the extent Apc propaganda machine will go!! they are still showing off with GEJ's works iranu imagine digging up old news and to deceive people Chai God save US!!

Sai buhari

Demmocrats:



Hoarding.....
Fuel subsidy scam.....

But his not the only one doing it.........

We dont have space in prison to arrest and keep all, so we must use one to set example and deter others.

K oooooooh!

Them not











but on a second thought no be ATIKU boy be that

They said the news is 2012!

Destined2win:
Buhari leave Ifeanyi alone

Why do you say that my dear?

@OP this is 2012 news

God bless the OP for this, the usual suspect have already started shouting buhari leave our son alone.

Pathetic lot.

chukkiephil:
this goes to show the extent Apc propaganda machine will go!! they are still showing off with GEJ's works iranu imagine digging up old news and to deceive people Chai God save US!!

The beggarofLagos parading himself as MayorofLagos can regurgitate more than a goat. Imagine 2012 news in 2016; that's 4yrs after

wordcat:


The beggarofLagos parading himself as MayorofLagos can regurgitate more than a goat. Imagine 2012 news in 2016; that's 4yrs after

my brother naso their PROPAGANDA be, deceiving the Gullible turning them into ZOM.BIES

The op is either foolish or just being mischievous. Why posting 2012 ish now, and trying to paint it like it just happened. Once more, op is a fool

[size=15pt]JUST WALKING BY...[/size]

Hmm, we neva c anything 4 dis country. God bless Nigeria