BREAKING NEWS!! Ifeanyi Ubah Storms Out Of Nigeria After Six Weeks In DSS Custody

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​Chairman of ​Capital Oil and Gas Limited​,​ Ifeanyi Ubah,​ has left the country.

He jetted out of the country’s shores Thursday morning.

​An impeccable source confirmed the development to our correspondent Thursday afternoon.

“Chairman left Nigeria this morning. The information I have is that he has gone to attend to his health. So I believe it’s a medical trip,” the source said.

“We understand that the recent ordeal was traumatic for him. He has never been out of circulation for 6 weeks and you know what that means to a wealthy man.”

Asked which country the oil magnate travelled to and how long he will be away, our source simply replied: “Somewhere in Europe, I don’t know how long he will stay.”

Ubah regained his freedom ​after about six weeks in custody​.​

​He was arrested and detained by DSS on May 5, 2017, for alleged engagement in acts of economic sabotage which include stealing, diversion and illegal sale of petroleum products stored in his tank farm (in Lagos) by the NNPC.

On May 25, Justice Yusuf Halilu of the FCT Federal High Court extended the detention of Ubah following an ex-parte application the DSS filed through its lawyer, Mr. G.O.A. Agbadua.

​Recall that last week, an​ Abuja Division of the Court of Appeal gave the Economic and Financial Crimes Commission not to continue its investigation of Ubah, for alleged complicity in a N43.29bn petroleum subsidy scheme fraud.

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About Wisdom Nwedene 8672 Articles
Wisdom Nwedene is a seasoned investigative reporter and a Senior Correspondent at 9NEWS NIGERIA. He is currently an editor @9News Nigeria and also a social media strategist, writer, freelancer. Wisdom Nwedene has also interviewed many top Nigerian celebrities and Politicians. Contact me via : 07034977317 .To always get our news update on WhatsApp, call or text 'add me' to, 07034977317 or send me message via Facebook : Wisdom Nwedene( Share your story with us: +234703497 7317 ( Call & SMS only) Email:

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