I Was Not Arrested, I Honoured An Invitation –Ifeanyi Ubah

The Chief Executive Officer of Capital Oil and Gas Industries Limited, Ifeanyi Uba

Oil magnate and business man, Mr. Ifeanyi Ubah has denied claims of being arrested by the Economic and Financial Crimes Commission (EFCC).

Mr. Ubah, who said he “honoured an invitation to answer questions on the investigations into the fuel subsidy” in a phone interview told Channels Television’s Judiciary Correspondent Shola Soyele that “I am home now”.

The business man also volunteered to make available some information that will help the anti-graft agency in its investigation.

He however didn’t state when he will report back to the agency for further questioning and submission of the “volunteered” information.

The Public Relations Officer of the EFCC, Wilson Uwujaren said Mr. Ubah was arrested after failing to honour previous invitations by the agency. He also confirmed that Ubah has been “allowed” to go but will return, probably on Thursday, to answer further questions.

Mr. Ubah was said to have been arrested by a team of EFCC operatives at his Maitama home in Abuja in connection with the fuel subsidy fraud