British Court Freezes Assets of Nigerian Oil Barons


A London High Court of Justice has placed a worldwide injunction against the assets of Mr. Ifeanyi Ubah's Capital Oil and Gas Industries Limited together with other oil companies for fraud.
Photo: Vanguard

Cartoonist depicts corruption in Nigerian petroleum sector

  • Nigeria:  Ifeanyi Uba - Court Stops Access Bank, Coscharis

    Vanguard, 13 November 2012

    A Federal High Court sitting in Lagos has restrained Access Bank Plc and Coscharis Motors Ltd from interfering with properties belonging to Capital Oil and Gas Ltd and its CEO, Mr. ... read more »

  • Nigeria:  Access Bank, Coscharis Restrained From Interfering With Capital Oil's Assets

    This Day, 13 November 2012

    A Federal High Court sitting in Lagos, presided over by Justice O. E. Abang, Monday restrained Access Bank Plc and Coscharis Motors Limited, who were absent when the order was ... read more »

  • Nigeria:  Maduka - How Ifeanyi Ubah Swindled Me of N21 Billion

    This Day, 9 November 2012

    For the past 38 years he has operated quietly behind the scenes, only visible in the press when absolutely necessary and in that space of time, he has built the Coscharis brand ... read more »

  • Nigeria:  Fuel Subsidy Scam - Ubah's Travail Injustice to Ndigbo - S-East CAN

    Vanguard, 14 November 2012

    Chairman of Christian Association of Nigeria, CAN, South East zone, Bishop Emmanuel Chukwuma, yesterday, condemned in strong terms the recent attack launched against Dr. Ifeanyi ... read more »

  • Nigeria:  Ubah - Court Restrains Access Bank, Coscharis

    Daily Trust, 14 November 2012

    A Federal High Court sitting in Lagos, Justice O.E Abang, on Monday adjourned the suit filed by Capital Oil and Gas Ltd and its MD/CEO, Mr. Ifeanyi Patrick Ubah against Access Bank ... read more »