The Federal High Court in Lagos has awarded N10 million in favour of Capital Oil & Gas and its Chief Executive Officer, Mr Ifeanyi Ubah.
The sum was awarded as damages against the Inspector General Of Police, Mohammed Abubakar, the Commissioner of Police of the Special Fraud Unit, Tunde Ogunsakin, the Chairman of Access Bank, Mr Aig-Imokhuede, and the CEO of Coscharis Motors, Cosmas Maduka jointly for breach of the fundamental human rights of Mr. Ifeanyi Ubah.
In his judgment, Justice Chukwujekwu Aneke quashed and set aside the Presidential Report on Fuel Subsidy by Aig-Imokhuede and the Police Interim Report that indicted Ifeanyi Ubah on fuel subsidy.
In quashing the report, the court held that it was not obtained under a favourable condition as there was conflict of interest arising from the report of Aig-Imokhuede.
The court also faulted the police report compiled by Mr. Tunde Ogunsakin who is also a member of the presidential task force which indicted him on the fuel subsidy.
The court held that they were both investigators and prosecutors at the same time and also restrained the police from re-arresting or investigating the capital oil boss.
It will be recalled that Mr. Ifeanyi Ubah had filed a suit challenging the Presidential Report on Fuel Subsidy and his detention in custody for 10 days.