Alleged N135bn Fraud: Ifeanyi Ubah For Arraignment

 Alleged N135bn Fraud: Ifeanyi Ubah For Arraignment

A Federal High Court in Lagos state has fixed Thursday, April 2, 2020 for the arraignment of the Chairman of Capital Oil and Gas Limited, Senator Ifeanyi Patrick Ubah for alleged N135bn fraud.

Ubah and his firm, Capital Oil were accused of defrauding the Asset Management Company of Nigeria (AMCON).

The oil magnate, who has publicly denied the allegation, is said to be in talks with the Federal Government for a resolution of the dispute.

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