- The NNPC asked a Federal High Court in Lagos to allow it keep Ifeanyi Ubah in detention for another 14 days
- The chairman of capital oil is being accused of economic sabotage
The Nigerian National Petroleum Corporation (NNPC) has revealed that Ifeanyi Ubah who is the chairman of Capital Oil and Gas Limited committed economic sabotage.
NAIJ.com earlier reported that Ubah was apprehended by operatives of the Department of State Services (DSS) and the NNPC has accused him of diverting petroleum products stored in his tank farm.
Premium Times reports that the NNPC had stored tens of millions of litres of petrol at Ubah’s tank but he diverted it which led to the sack of former head of NNPC retail.
Kabiru Turaki, counsel to the NNPC, told a Federal High Court in Lagos on Thursday, May 18, that security agencies have inherent power under the constitution to investigate economic crimes, including diversion of petroleum products.
The court had asked the DSS to produce Ubah on May 12 and show cause why he should not be released unconditionally but the DSS filed an order before a court in Abuja seeking for an extension in the detaining of Ubah for another 14 days to complete its investigation.
Peter Okerinmodu, counsel to the SSS, told the court that Ubah’s infringement was committed in Abuja and thus the Lagos court has no jurisdiction to handle the case.
Justice Mohammed Idris fixed May 25 to rule on whether the court has jurisdiction to hear the suit.
PAY ATTENTION: Read best news on Nigeria’s #1 news app
Meanwhile, Ayodele Fayose of Ekiti state condemned the DSS over the arrest and detention of Ubah.
Fayose lamented that: “The DSS is becoming law unto itself and dragging Nigeria back to 1984 when Decree 2 was used by the National Security Organisation (NSO) to dump Nigerians in detention without trial under flimsy excuses.”
Watch the video below of a family lamenting to NAIJ.com about the DSS locking up their relative.