For seven hours yesterday , the Economic and
Financial Crimes Commission (EFCC ) grilled the
Chairman of Capital Oil , Mr . Ifeanyi Ubah , over
alleged N 43 . 291billion fuel subsidy fraud .
He was still undergoing interrogation as of press
time .
Ubah was arrested by the operatives of the
commission early yesterday .
A source , who spoke in confidence , said: “His
company was implicated in the scandal by the
Aigboje Aig- Imoukhuede - led 15 - man presidential
panel , which re - investigated the fuel subsidy bazaar .
“ We had earlier invited Ubah for interrogation but
when he did not honour the invitation , we decided to
arrest him.
“ If nothing is found against him or his company , we
will set him free. But if he has a case to answer , we
will charge him to court . ”
Ubah was still undergoing investigation as of
5 . 05 pm.
EFCC spokeman Wilson Uwujaren confirmed Ubah ’ s
arrest . The Special Fraud Unit of the Nigeria Police
had in October last year arrested Ubah on a similar
allegation .
Based on SFU’ s application, a Lagos Magistrate ’ s
Court , remanded the Managing Director , Capital Oil
and Gas in custody of Police Special Fraud Unit
( SFU) , Lagos over the alleged scam . Also charged
and remanded with Ubah were Head of Trading ,
Nsikan Usoro , 35 , Depot Manager , Godfrey Okorie,
41 , General Manager , Chibuzor Ogbuokiri , 48 ; and
Orji Anayo, 46 , Executive Director (Operations ) .

Source
thenationonlineng.net/new/efcc-arrests-ifeanyi-ubah-over-alleged-n43-291b-fuel-subsidy-scam/

hehehhehe EFCC now always in d news. We now have a president for real

Change done enter motion.

Interesting

noted

It shouldn't end there. AMCON should be quizzed on how Uba got back his company after his indictment.

It is early days and Buhari has already gone back to his tribalist and religious intolerant ways.


Political witch hunting TAN sponsors will surely destabilise Nigeria.


Wen u talk of Forbes Billionnaire list, Ifeanyi is not one of dem.


They are all Hausa and Yoruba, the principal tribe that own majority of the oil well in Niger Delta and responsible for the fuel crisis in the last days of Goodluck Jonathan administration.


Was ifeanyi Ubah the oil minister? No! Has he ever been in Gov? No!



Only two weeks ago an attempt was made on his life. One of his aid died in that incident.


Now we know APC/Buhari were responsible.


If anything happens to Ifeanyi, chaos is the least that should be expect.


Northern oil well owners and sellers take note, becos u will be directly affected.

Very good. Let there be no sacred cow. That scam must be revisited. Dude was being clever by half when he thought releasing a few drops of petrol when the country was almost grounded under scarcity of the product would make officials look the other way.

Next should be Ahmadu Ali and Bamanga Tukur's children. These guys literally turned Nigeria into their private estate where they could do whatever tickles their fancy.

#NeverAgain.

Chief saTanoid, sorry your fuel lifting gimmick did not work.

IDOHOU:
hehehhehe EFCC now in always in d news. We now have a president for real

ofcus the change is now

“ We had earlier invited Ubah for interrogation but
when he did not honour the invitation , we decided to
arrest him.
“ If nothing is found against him or his company , we
will set him free. But if he has a case to answer , we
will charge him to court ."

Old 2013 news. But he would definitely be probed.

Old and stale news

OrlandoOwoh:
It shouldn't end there. AMCON should be quizzed on how Uba got back his company after his indictment.

Exactly. The TAN connection. No stone should be left unturned. I guess it was 12million fictitious signatures in exchange for Capital Oil.

I wonder why Jonathan couldn't see through the obvious ruse.

OrlandoOwoh:
It shouldn't end there. AMCON should be quizzed on how Uba got back his company after his indictment.

I was reliably informed by an insider that GEJ reneged on an earlier agreement he had with Uba over the AMCON issue amongst others in the final days of his admin, in exchange for Uba's efforts in support of his reelection, a la TAN.

What about Otedola and other marketers

Tinubu OBJ Saraki Ibb Shagari Abacha , Fashola Amaechi Aregbese all past leaders including my hero GEJ


Probe all

PMB. please start your new role with jailing the corrupt elements in Nigeria.

Don't forget the Asiwaju awon Ole.

Iroh88:
Very good. Let there be no sacred cow. That scam must be revisited. Dude was being clever by half when he thought releasing a few drops of petrol when the country was almost grounded under scarcity of the product would make officials look the other way.

Next should be Ahmadu Ali and Bamanga Tukur's children. These guys literally turned Nigeria into their private estate where they could do whatever tickles their fancy.

#NeverAgain.

I need your brain to process these names otedola, wale tinubu, joy petroleum owned by Saraki, and other APC thieves

Even though I praised his efforts in releasing fuel to Nigerians during the scarcity,he still has to face the law.

Too bad

I don't have problem seeing Ifeanyi interogated, but then... It should be extended to other marketers like Zenon Oil, and all affected companies.

Proper investigations should be carried out oooooo

Nevertheless he is not the only culprit here, what happen to tinubu and Amaechi?


Children of anger, this is an old news....
CC lalastical Ishilove

Link
http://thenationonlineng.net/new/efcc-arrests-ifeanyi-ubah-over-alleged-n43-291b-fuel-subsidy-scam/

BlackTechnology:
Tinubu OBJ Saraki Ibb Shagari Abacha , Fashola Amaechi Aregbese all past leaders including my hero GEJ


Probe all

You guys are just shouting Tinubu Tinubu everywhere... No corrupt officials even in APC would be spared, especially when the EFCC is fully Autonomous.

“If nothing is found against him or his company , we will set him free. But if he has a case to answer , we will charge him to court ."

Bad Belle people! Yinmu

See them dancing on a century old news!

Contunu!

Frontpage!

[s] I won't be surprised! Staler news have graced the homepage in recent times[/s]

OkutaNla:


I was reliably informed by an insider that GEJ reneged on an earlier agreement he had with Uba over the AMCON issue amongst others in the final days of his admin, in exchange for Uba's efforts in support of his reelection, a la TAN.

I doubt if Jonathan himself won't be quizzed. saTANoids should get ready to cry witch-hunt and buy ankara to sew cloths they will put on in the court premises, to show solidarity.

God bless the President.

MzJackBaueress:
Even though I praised his efforts in releasing fuel to Nigerians during the scarcity,he still has to face the law.

Too bad

All members of the cabal involved in the fuel subsidy scam should be arrested by the EFCC. I hope it does not end with Uba.

OrlandoOwoh:

I doubt if Jonathan himself won't be quizzed. saTANoids should get ready to cry witch-hunt and buy ankara to sew cloths they will put on in the court premises, to show solidarity.

God bless the President.

All members of the cabal involved in the fuel subsidy scam should be arrested by the EFCC. I hope it does not end with Uba.

No More! Order from above or political immunity. Baba that is quiet knows what is doing.

2013 news that iddiots are dancing up and down about

When the righteous lead people are happy but if it is the other way round everyone is sad.

Thank God for PMB.

OrlandoOwoh:
It shouldn't end there. AMCON should be quizzed on how Uba got back his company after his indictment.

The report is false. It's 2013 news!