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Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessCourt Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn (25944 Views)

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Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by ADDICTEDtoYOU: 10:24pm On Oct 06, 2016
AMCON is advised to live up to its statutory responsibility of reviving the nation's economy through positive supports for businesses to thrive.

Capital Oil needs the support of AMCON to create new 5,000 direct jobs and 10,000 indirect jobs as targeted.
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by Sarduana: 10:26pm On Oct 06, 2016
Whatelse is left to be said?

An Igbo adage says 'he who has a child's toy and raises it above his head, must return it once his hands start to ache'.

It's no secret that Dr Ifeanyi Ubah's only crime in Nigeria is being a true patriotic indigenes which is a very strange concept to a great many people in this country.

Be it 1 kobo, every man who works must get his pay day and like a true Nnewian, he didn't go about it in a noisy or applied brute means to get what is rightfully his.

I celebrate with the great man who has been a source of pride, joy snd inspiration to Nigeria.

Congratulations on getting your due wages Dr Ifeanyi Ubah. It's been a long time coming.
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by ihedioramma: 10:28pm On Oct 06, 2016
This is money o grin
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by Sarduana: 10:31pm On Oct 06, 2016
For those towing the line of the lie-riddled Sahara Reporters, be kindly advised that Capital Oil and Gas has never owed any employee a kobo.

If it were so, why won't they have revolted or made public such a situation?

Please don't believe all you hear. People these days just want to get noticed.
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by grandlexuz(m): 10:48pm On Oct 06, 2016
davodyguy:
Hahahababaa.

That's why I said, the more you look, the less you see.

Left Mata do matayas.

I no what ayam talking about ooo.

But for some reasons, make I no talk.

I don't think COG has assets close to 100 billion. I don't think so. With this recession, assets value has fallen well.

Tank farm business no longer viable as it was back then

Majority of the tank farms in ibafon, within the ibru family land in apapa, are owned by onigbese. So I know what I'm talking about .ooo

Zenon terminal 1&2 within the ibru yard has been sold
Many more go follow.

Make I no tok
Okay there is no denying you are an insider in this matter..Lol Abeg when yam go ready no forget for send your bros e own oh.. With this kind recession I no mind to transform from human to goat just for eat yam..Lol
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by FlashyPrince: 10:51pm On Oct 06, 2016
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by davodyguy: 11:00pm On Oct 06, 2016
JohnJuniorJohn:
You are so bittered and bias minded, you lack every moral tendencies to make such WE claims. Why are you angry about Justice.

So it means Amcon trive on illegalities. Justice must stand.
Shut up and stop talking nonsense. What illegalities are you talking about? Or you think Amcon just decided not to perform? What do you know the money to be 'paid' is meant for?

COG is existing today thanks to AMCON. No one should condemn the organisation

They've done a lot already, by paying salaries for months in the past
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by davodyguy: 11:05pm On Oct 06, 2016
udogugerald:
Owing salaries since 2012?
That's a lie from the pit of hell. Why do people claim to be in the know when they have no idea of what's going on....just for the sake of typing?
It does not matter if you work for AMCON, the fact remains that the court has given its ruling based on facts presented to it. If AMCON had a case, coupled with the backing of the government, I do not see a reason ehi they should not win the case. However, the reverse is the case because the facts laid before the court was glaringly in Capital Oil's favour.
Will just shut up already?

What do you know about this subject?
You work for either of the firm's?

See, Amcon is not paying 1 kobo to the account of COG that I know. What do you know the money was meant for in the first place? Why do you think Amcon refused to perform?

Who do you think is owing between the two parties?

Do you think Amcon can't appeal the judgement?

Stop chatting BS. I just don't want to talk too much details here

COG is existing today thanks to AMCON. No one should condemn the organisation

They've done a lot already, by paying salaries for months in the past
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by davodyguy: 11:06pm On Oct 06, 2016
grandlexuz:
Okay there is no denying you are an insider in this matter..Lol Abeg when yam go ready no forget for send your bros e own oh.. With this kind recession I no mind to transform from human to goat just for eat yam..Lol
The two of them dey owe me money .

Whilst Amcon don pay small, COG never perform at all grin
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by krak101(m): 11:19pm On Oct 06, 2016
davodyguy:
Yeye. I laugh

I trust Amcon though. If it's the same Amcon that I work form.

Here's it

Amcon will pump in money to revitalise COG and rather pay the trade creditors directly.

That's the way to go.

Also pay salaries of workers owed since 2012

Amcon would be silly to pay such amount into COG's account, cos COG is indebted to close to N100billion with Amcon and if all the assets are sold, it can not pay the debt.

Option left for Amcon is to continue the business on going concern basis, pumping in money in order to make money.

A lot of people posting on this thread have no idea of what's on ground. They're here either hailing the judgement or criticising.


We already advised both parties last year on what to do.

Some paper works needs to be tidied up
And you are.huh
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by nnokwa042(m): 12:10am On Oct 07, 2016
yedidiah:
It's like the courts are doing bonanza today; dishing out money upandan.

Make me sef look for who to sue...
my bros u no lie ,i hear say lastma slap you for ijora u can take them to court and claim u lost ur tecno fone worth 30k u may win the case but u go fin me something if u win oooh
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by venom13(m): 1:06am On Oct 07, 2016
Ifeanyi Ubah got blessed by God No man can take his wealth from him instead yours will be added to him
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by ladej(m): 1:07am On Oct 07, 2016
midascnn:
Unbiased judgement, the hope of the people still lie in the judiciary system since manipulation and intimidation by some elements are common.

I do believe this will be a notice of warning to potential companies/corporation AMCON will wish to jack without due and thorough investigation.

Kudos to the management of Capital Oil and Gas for taking the bull by its horn.
judgement doesn't mean alert

ASK BABA SUWE
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by Wiseandtrue(f): 1:22am On Oct 07, 2016
wink Bros e be like say you dey for my mind. MORE POWER TO YOUR ELBOWS
Dcomrade:
Love this part grin
He further advised to live up to its statutory responsibility of reviving the nation's economy through positive supports for businesses to thrive
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by ArabMopol(m): 4:02am On Oct 07, 2016
one with God is majority... Our illustrious son Dr Ifeanyi ubah will be like...

while the afonjas will be like...

Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by ArabMopol(m): 4:08am On Oct 07, 2016
davodyguy:
Will just shut up already?

What do you know about this subject?
You work for either of the firm's?

See, Amcon is not paying 1 kobo to the account of COG that I know. What do you know the money was meant for in the first place? Why do you think Amcon refused to perform?

Who do you think is owing between the two parties?

Do you think Amcon can't appeal the judgement?

Stop chatting BS. I just don't want to talk too much details here

COG is existing today thanks to AMCON. No one should condemn the organisation

They've done a lot already, by paying salaries for months in the past
Afonja corn headed monster is bittered

Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by chibuzorAbia: 4:35am On Oct 07, 2016
Ifeanyi ifeanyi Ubah is just another well connected crook.
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by shuggah(m): 5:29am On Oct 07, 2016
davodyguy:
Yeye. I laugh

I trust Amcon though. If it's the same Amcon that I work form.

Here's it

Amcon will pump in money to revitalise COG and rather pay the trade creditors directly.

That's the way to go.

Also pay salaries of workers owed since 2012

Amcon would be silly to pay such amount into COG's account, cos COG is indebted to close to N100billion with Amcon and if all the assets are sold, it can not pay the debt.

Option left for Amcon is to continue the business on going concern basis, pumping in money in order to make money.

A lot of people posting on this thread have no idea of what's on ground. They're here either hailing the judgement or criticising.


We already advised both parties last year on what to do.

Some paper works needs to be tidied up
lemme tell you som"in niggar,you don't knw no"in.
I can't deny u work for amcon because those gatemen there work at ancon too.
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by shuggah(m): 5:35am On Oct 07, 2016
davodyguy:
Will just shut up already?

What do you know about this subject?
You work for either of the firm's?

See, Amcon is not paying 1 kobo to the account of COG that I know. What do you know the money was meant for in the first place? Why do you think Amcon refused to perform?

Who do you think is owing between the two parties?

Do you think Amcon can't appeal the judgement?

Stop chatting BS. I just don't want to talk too much details here

COG is existing today thanks to AMCON. No one should condemn the organisation

They've done a lot already, by paying salaries for months in the past
if u don't shut up, I will shut it for u, we know how much of a hater you are but the court has decided
Nanxix
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by shuggah(m): 5:37am On Oct 07, 2016
ladej:
judgement doesn't mean alert
ASK BABA SUWE
in the case of ifeanyi Ubah, it means o.
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by petersky: 6:29am On Oct 07, 2016
More billions to anambrarians untop of thousands billionaires individual already existing in anambra
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by shrinkchido(f): 6:30am On Oct 07, 2016
At least this has proven a point, Dr Ifeanyi Ubah knows his onions when it comes to driving the economy positively. He has taught Nigerians the patience in waiting for true justice.


We must begin to call out AMCON not to become a tool of oppression in the hands of tyranny.
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by Justiceleague1: 6:44am On Oct 07, 2016
Another heart breaking,hypertension news for those mouth foaming,loud mouthed,empty loudest barrels afonja shouting ''KILL THEM ALL,JAIL THEM ALL"..... grin grin grin
meanwhile,aturuAWUSA okochroacha has achieved a great feat,he dòn carry a whole HeartlandFC go relegation shocked

op,amcon should continue witch hunting,it shud be ready to pay continous fines. Over sabi agency
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by shrinkchido(f): 6:58am On Oct 07, 2016
Amazing moments are here again. Relying on the judiciary is crucial at this time when our economy is bleeding from all her orifice.

Congratulations to staffs and management of Capital Oil and Gas Limited.

RadicalYoutman:
http://www.thebreakingtimes.com/?p=37300
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by davodyguy: 7:07am On Oct 07, 2016
shuggah:
if u don't shut up, I will shut it for u, we know how much of a hater you are but the court has decided
Nanxix
Decided what?

Dont forget there's a court for appeal. BTW Amcon doesn't even to appeal. They should just pay the creditors directly and monitor the use of the fund.

This isn't for ignorant folks like you, who are not in the know
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by davodyguy: 7:09am On Oct 07, 2016
shuggah:
lemme tell you som"in niggar,you don't knw no"in.
I can't deny u work for amcon because those gatemen there work at ancon too.
Yeye. Posting on Nairaland with free data from the network providers doent make you better in life. Get wisdom, so you can make ends meet cheesy wink
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by davodyguy: 7:09am On Oct 07, 2016
ArabMopol:
Afonja corn headed monster is bittered
Omo Ina. Ipob Biafra grin grin grin
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by Chukazu: 7:46am On Oct 07, 2016
AMCON is always quick in confiscating companies assets based on so called court order, so I hope they will also be swift in obeying this one
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by kingandamy4life(m): 8:03am On Oct 07, 2016
I learnt he doesn't pay his workers as at when due, so with dis money he can be paying dem regularly now... I wonder if d company has a hr
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by ArabMopol(m): 8:11am On Oct 07, 2016
davodyguy:
Omo Ina. Ipob Biafra grin grin grin
afonjas corn head probably browsing at the comfort of his licky brown roof mud house

Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by davodyguy: 8:34am On Oct 07, 2016
ArabMopol:
afonjas corn head probably browsing at the comfort of his licky brown roof mud house
Its better than how OkuIku led the Igbos to death with greed. I hope Kanu and do same, with you leading the front

www.nairaland.com/attachments/374426_biafrapic2_jpg250b0cda5d2d5f923104fbe41c66007c
www.nairaland.com/attachments/374482_HU061635_jpg67bfc20f2dc9623eb12f1baebe846479
Re: Court Orders AMCON To Pay Ifeanyi Ubah's Capital Oil N26 Bn by ArabMopol(m): 9:45am On Oct 07, 2016
davodyguy:
Its better than how OkuIku led the Igbos to death with greed. I hope Kanu and do same, with you leading the front

www.nairaland.com/attachments/374426_biafrapic2_jpg250b0cda5d2d5f923104fbe41c66007c
www.nairaland.com/attachments/374482_HU061635_jpg67bfc20f2dc9623eb12f1baebe846479
The fact that the igbos were able to rise from the ashes of the civil war with just 20 pounds to bear a collection of Nigeria's most modern cities and people is just a testament of our mental superiority. Go to places that were not touched by a single bomb at all, and all you see are brown roofs, polio, poverty, mass illiteracy,religious fanaticism, backward socialism. God bles..s ndi-igbo.... u suppose to bow ur head in shame after fleeing from war,Igbo's came back to reclaim ur major cities through hardwork , even ur hinterland are not spare from them.. check the place did touched by war below..

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