Fuel Subsidy Scam: EFCC Arrests Ifeanyi Ubah

efcc-logoThe Economic and Financial Crimes Commission (EFCC) has arrested the managing director of Capital Oil and Gas Industries Limited, Mr Ifeanyi Ubah.

Sources at the agency disclosed that Mr. Ubah was arrested by a team of operatives at his Maitama home in Abuja.

A detective at the agency revealed that Mr. Ubah had ignored earlier invitations to the EFCC to voluntarily submit to interrogations regarding his role in the  multi-billion dollar oil subsidy scam.  Ubah is currently undergoing interrogation at the Abuja offices of the EFCC.

So far the EFCC has arraigned some 40 persons in connection with the scam.

Source: Saharareporters