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Friday, 9 June 2017

Detention of Billionaire Ifeanyi Ubah Causes Serious Commotion

Latest gist trending as the continued detention of oil tycoon and billionaire, Ifeanyi Ubah might result in the sack of over 5,000 workers heaping more suffering on affected families.
Oil tycoon and billionaire, Ifeanyi Ubah
It is reported that more protests have continued to greet the continued incarceration of the chairman of Capital Oil and Gas, Dr. Patrick Ifeanyi Ubah, who has been in the detention of the Department of State Services (DSS) since May 6.
According to trending report it is reported that the protesting group this time around was members of the Nnewi Sports Club, who insisted that the DSS refusal to release Ubah even at instance of a
competent court judgment was a threat to democracy, and a breach of his fundamental human right as enshrined in the 1999 constitution of the federal republic of Nigeria (as amended).
Base on information gathered according to them, since what the capital oil boss was accused of is a bailable offence, the body should release him as ordered by Lagos High Court presided over by Justice Idris, and proceed for negotiation, or rather charge him to court.
Led by its President and Secretary General, Engr. Nwabueze Udezue and Mr. Anthony Nduka, respectively, they marched to the Nnewi Police Area Command, the Central Police Station, Nnewi, the Otolo Police Station, and to palace of the traditional ruler of the community, HRH Igwe Kenneth Orizu III, singing freedom songs as they carried placards of different inscriptions.
Addressing newsmen, the President, Nwabueze Udezue appealed to the federal government to consider the fate of the numerous workers employed by Ubah and his other contributions to economic growth, and set him free to keep on with his good job.
“Our fear is that the continued detention of CEO of Capital Oil and Gas Industries Ltd, Dr. Patrick Ifeanyi Ubah, without trial, will not only lead to the sack of over 5,000 workers directly and indirectly engaged by his companies but will also send frightening signals to investors in Nigeria.

“We believe that no serious foreign investor will like to invest in a country with history of detention without trial.

“We condemn a situation where people are detained and refused bail, even at the instance of a recognized court of competent jurisdiction.

“The refusal of DSS to respect court order is unconstitutional and picks holes at the very foundation of our legal system”, he added.

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