DSS Release Capital Oil CEO, Ifeanyi Ubah

 

 The CEO of Capital Oil and Gas Limited and Ifeanyi Ubah Football Club, Ifeanyi Ubah, has been released by Department of State Security (DSS)



   According to Channels Television, Mr. Ubah was released from detention on Monday night. Conflicting ruling by two high courts in Nigeria stalled Mr. Ubah’s initial bail application. While a High Court in Lagos ordered his release, an Abuja High Court approved his continuous detention

   Recall that the oil magnet was arrested on Friday, 5th May, 2017 by the DSS for his refusal to remit N11 billion realized from the sales of petroleum products stored in his facility by the Nigerian National Petroleum Corporation, NNPC. DSS spokesman, Tony Opuiyo also accused Dr, Ubah of inciting members of the Petroleum Tanker Drivers Union to stop lifting petroleum products and even said his offence is punishable by death.

   Federal High Court in Ikoyi, Lagos, presided over by Justice Muhammed Idris, orders DSS to produce Capital Oil boss and show why Ubah should not be released unconditionally which they failed to produce or release him.