Dr. Ifeanyi Ubah, the managing director of Capital Oil and Gas Limited has left the country following his release from DSS’
detention.
Billionaire businessman and Chairman of Capital Oil and Gas Limited, Dr. Ifeanyi Ubah,
has jetted out of the country’s shores on Thursday morning, few days after he was released from DSS detention.
A source disclosed the development exclusively to DailyPost Thursday afternoon
and said; “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.
“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,” the source
said.
When 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.” Recall that Ifeanyi Ubah 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.
