Anambra Oil magnate Mr Ifeanyi Ubah has publicly announced his interest in being the next governor of Anambra State. He did that about 30 minutes ago at Anaedo Social Club Hall in the commercial city of Nnewi, Anambra State. Sources told elombah.com Mr Ubah was at Nnewi
over the weekend consulting with his kinsmen over his ambition. Elombah reported that a Federal High Court in Lagos last week 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
Above photo: The Chief Executive Officer of Capital Oil and Gas Industries Limited, Ifeanyi Uba
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.