Politics
We arrested Ubah for ‘stealing, diversion, illegal sale of petroleum products’ –DSS
The Department of State Service (DSS) on Saturday said its arrest and detention of the managing director of Capital Oil and Gas Limited, Chief Ifeanyi Ubah, was based on his involvement in alleged stealing, diversion and illegal sale of petroleum products stored in his tank farm.
The petroleum product according to the DSS was kept in Ubah’s tank by Nigeria National Petroleum Corporation (NNPC).
Ubah was invited by the security operatives and questioned some weeks ago over his involvement in the alleged act.
He was however arrested on Friday May 5, with the DSS claiming that the alleged act was inimical to national security.
The agency in a statement signed by a spokesperson, Mr. Tony Opuiyo, in Abuja on Saturday, said the petroleum product Ubah allegedly stole was said to be above N11billion.
“In line with the statutory mandate of the DSS to investigate economic crimes of national security dimension, the service, on May 5, 2017, arrested Ifeanyi Ubah, Managing Director of Capital Oil and Gas Limited.
Read also: Ohanaeze sounds warning to Presidency, EFCC over Ekweremadu
“The arrest was sequel to UBAH’s engagement in acts of economic sabotage which include stealing, diversion and illegal sale of petroleum products stored in his tank farm by the Nigeria NNPC. So far, it has been established that the products stolen amount to over N11billion. There is no doubt that Ubah’s acts have the capacity to negatively impact on national economy.
“It is instructive to note that Ubah has further engaged in other activities inimical to national security and public order. In furtherance of his gimmicks to undermine the government and people of Nigeria, he has incited members of the Petroleum Tanker Drivers, a critical player in the downstream sub-sector of the petroleum industry, to refuse/stop the lifting of products.
“This is part of his plans to curry their sentiments and cause them to embark on strike and also stage protests in his favour with the ulterior motive of arm-twisting the NNPC to abandon the cause of recovering the stolen products.
“The implications of this on law and order are in fact, a common knowledge. It is consequent upon this that the Service arrested and will prosecute him forthwith.”
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yanju omotodun
May 6, 2017 at 5:54 pm
They can incarcerate for life, he is useless to his state, useless to the nation, thereby they should keep him for life.
JOHNSON PETER
May 6, 2017 at 6:07 pm
I no blame you as you have no rich and famous people in your family. Ubah must be fred if not, we shall stir war
Joy Madu
May 7, 2017 at 6:20 am
Ewu you better start the war when your ubah is a thief to the society and country
Balarabe musa
May 6, 2017 at 6:00 pm
How can he incite petrol tankers drivers not to lift fuel again if not sheer wickedness. He wants to hike the price if there is scarcity and dominate the market to acquire more shady wealth.
seyi jelili
May 6, 2017 at 6:06 pm
Aboki, keep quiet, you don’t know what you are saying ,allow Ubah to debunk the allegations or admit it before you criticize him
Anita Kingsley
May 6, 2017 at 6:40 pm
This is insane to me, the DSS didn’t arrest Ubah for petroleum sales
alone, other things they can’t tell the member of the public are
connected to his arrest. They should keep promoting injustice all in the
name of fighting corruption
Animashaun Ayodeji
May 6, 2017 at 6:43 pm
Ubah has definitely bitten more than he can chew, he has definitely gone against some masters and they’ve decided to punish him, Babachir who stole money meant for IDP is still sleeping in his mansion, Nigeria’s government will never change
Agbor Chris
May 6, 2017 at 6:51 pm
This administration is a failure and nothing good will come out of its Jerusalem. APC sold lies to Nigerian and we all swallowed the lies one by one. 2019 is almost here that we will vote them out the same way they came into power.