Just in: House of Reps summon Ifeanyi Ubah over alleged missing N11 billion petroleum products

Just in: House of Reps summon Ifeanyi Ubah over alleged missing N11 billion petroleum products

- The managing director of Capital Oil and Gas Limited, Dr Ifeanyi Ubah, has been summoned by the House of Representatives committee

- The lower chamber summoned the Capital oil and gas boss over alleged missing N11 billion petroleum products belonging to NNPC

- Ubah who was arrested in May was recently released from DSS custody

Nigeria's House of Representatives committee on petroleum resources (downstream) on Tuesday, July 11, issued a fresh summon on the chairman of Capital Oil Ltd, Ifeanyi Ubah.

NAIJ.com gathered that the lower chamber is requesting Ubah to appear before it on Thursday, July 13, over alleged missing N11 billion petroleum products belonging to the Nigeria National Petroleum Corporation (NNPC).

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Chairman of the committee, Joseph Akinlaja, formally announced the summon before all the stakeholders and his committee members.

According to him, all attempts to serve the Capital Oil boss has failed as all the letters sent could not be delivered to known addresses.

NAIJ.com previously reported that Department of State Services (DSS) released Ubah from its detention.

The oil magnate was released on Monday night, June 19, unconditionally by the security service after spending almost a month in detention following a rift he had with the Nigerian National Petroleum Corporation (NNPC).

Ubah was detained for allegedly diverting about 80 million liters of Premium Motor Spirit (PMS) also known as petrol, kept in his custody by the NNPC.

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Source: Naij.com

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