A Federal High Court sitting in Lagos state, on Thursday, May 25, ordered the Department of State Service (DSS) to release managing director of Capital Oil and Gas, Dr Ifeanyi Ubah within 48 hours.
Justice Mohammed in a 100 page judgment, ordered the DSS to release Ubah, if it fails to file a charge against him.
Ubah was arrested by DSS over an alleged oil deal with the Nigerian National Petroleum Corporation (NNPC).
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The court also blasted DSS for lying that Ubah was arrested in Abuja, while from every available evidence, he was arrested in Lagos and flown to Abuja, where he has been detained for weeks.
Similarly, a High Court of the Federal Capital Territory sitting at Jabi, on Thursday, granted the DSS the nod to hold Ubah, for another 14 days,
According to Vanguard, Justice Yusuf Halilu extended the detention order following an ex-parte application filed by DSS through its lawyer Mr. G.O.A. Agbadua.
However, Ubah’s lawyer, Mrs Ifeoma Esom has filed a fresh application asking the court to compel the DSS to release her client on bail.
The DSS has accused the Capital Oil boss of committing an economic sabotage punishable by death.
DSS said Ubah’s offence is punishable for allegedly diverting about 80 million liters of Premium Motor Spirit (PMS) also known as petrol, kept in his custody by the Nigerian National Petroleum Corporation (NNPC).
The agency said Ubah shunned NNPC’s repeated demands for the product estimated to be worth N11bn in order to cause artificial scarcity of the product, an allegation Mr. Ubah has repeatedly denied.