IFEANYI UBA FINALLY GRANTED BAIL
Billionaire
businessman and MD of Capital Oil and Gas Ltd, Mr Ifeanyi Uba has finally been granted bail from the custody of the Special Fraud Unit after
spending 10 days in their cell in Ikoyi. He was arrested on October 9th
following accusations of fraud totaling N43billion from the Aigboje
Aig-Imoukhuede led
presidential committee on verification and reconciliation of fuel subsidy payments.
The committee discovered gross abuse by many marketers and reported the
case to the police. Uba was released after he fulfilled his bail conditions.
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