IFEANYI UBAH DELIBERATELY REFUSED TO RETURN N11bn PMS HE DEVERTED PETROLEUM NNPC TELLS COURT.

The national coperations on thursday prayed justice mohammed Idris of the federal high court in Lagos not to accept the suit by the managing Director if capital oil and gass limited.
Ifeanyi Ubah. seeking be released from the costody of the department of state security (DSS) .
NNPC Accused Ubah and his company deliberately refusal to return it.
84,891,730, litres of premium motor spirit (pms) valued at N11.
144,586,340,40.which Ubah and his company alleged deverted .
It said despite writting Ubah and his company to return, The product or pay the money.
The had deliberately failed,Refused and or negleted to do so.
This was the argument ofNNPC counsel  k t.
Turak ( SAN) Before justice Idris on thursday when the matter came up in court.
NNPC  Said Ubah 's  alleged fraud was uncoverd when its book were being checked.
It added that Ubah was aware that the NNPC.
Had been under 'serious scutiny,Investigation and finacial audit if it varous accounts,and daily productions since the beginning of president muhammedu Bugri.
It said the develpment in the sector was aimed at 'at stopping revenue and non remittance of proceeds from the sales of petroleum product.