Breaking News: Ifeanyi Uba Arrested By DSS

Ifeanyi Ubah

Ifeanyi Uba, the owner of Capital Oil, has been arrested and detained by Department of State Security.

Uba had previously been fingered in a fraud saga with the Nigerian National Petroleum Corporation, accused of embezzling funds from an illegal sale of crude oil saved in his facility.

All effort to confirm Mr. Ubah’s whereabouts, proved abortive as the news of his arrest came as a shock to his his aides.