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.

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Photo: Vanguard

Cartoonist depicts corruption in Nigerian petroleum sector



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  • mikembanefo
    Nov 16 2012, 06:34
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    Man Pass Man, I know that This Ubah guy has bit more than he can chew by taking on Dr. Maduka.

  • Rogers
    Nov 17 2012, 15:24
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    Ifeanyi Uba will learn sooner than later that when you are in a crooked business, you do not make a lot of noise. Lest people will point out the fact that you are a crook afterall. Hiding under different court injunctions will not help him. The law must take its course and force him to refund the billions of Naira he stole from Nigerians pretending to be importing fuel into the country.