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Ifeanyi Uba to remain in custody till 25th May. 


A federal high court sitting in Lagos south west Nigeria today adjourned till 25 May, to decide whether to grant detained businessman Dr. Ifeanyi Uba bail or not.

Ubah is currently being detained by the Department of State Security Service (DSS) for alleged economic sabotage, by diverting NNPC petroleum products kept in his tank farm.

NNPC lawyer, Mr. K. T. Turaki (SAN), revealed this while urging the court to strike out the application filed by Ubah seeking his release from the custody of DSS.

Turaki averred that the NNPC had in the past two years being subjected to various investigations, particularly the issue of fuel diversion, adding that NNPC has a duty to inform the investigating agencies where fuel were kept as disclosed on pmnewsnigeria. 

Mrs Isioma Esom who happens to be Uba’s lawyer urgues that the said debt arose from a contract, which she said should have nothing with criminal offence. She went further to let the court know that the NNPC is currently owing her client’s firm, Capital Oil and Gas Limited, the sum of N10 billion and $8 million USD.

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