The dispute that culminated in several court cases and the criminal charge filed against Capital Oil and Gas and Senator Patrick Ifeanyi Ubah arose from commercial transactions with various banks in whose stead AMCON acted upon acquisition of the facilities
The case between the Asset Management Corporation of Nigeria (AMCON) and Senator Ifeanyi Ubah's company over an alleged N135 billion debt, is unconnected to his move to the All Progressives Congress (APC). This is according to Ubah's lawyer, Mrs. Ifeoma Esom. On Wednesday, a Federal High Court sitting in Lagos state struck out the charge…
The Ohanaeze Youth Council (OYC), the youth wing of the apex Igbo sociocultural organization, Ohanaeze Ndigbo Worldwide, has warned President Bola Tinubu-led Nigerian government to release the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, from detention to avoid plunging Nigeria into a looming destructive anarchy in the country.
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