Fidelity bank card banner Emerald Energy Institute Camano banner

N43 billion subsidy fraud: HAS IFEANYI UBAH BOUGHT OVER EFCC?

By News Express on 01/05/2013

Gmail icon

Views: 3,840


One man has dominated the news since yesterday afternoon and that man is Ifeanyi Ubah of Capital Oil fame. Reports have it that Ubah, who has been in the news for a while in connection with mind-boggling debts and alleged multi-billion naira fraud, was arrested by the Economic and Financial Crimes Commission (EFCC) in connection with the N43 billion fuel subsidy scam.

Ubah, however, denied that he was arrested, insisting that he only made a routine visit to the EFCC’s office in connection with his case. He then made a disclosure which left no doubt that the EFCC is not serious in enuring that Ubah pays for his alleged crimes. Hear the middle-aged oil tycoon while speaking with reporters in Awka, the Anambra State capital, in connection with his purported arrest by the EFCC:

“The invitation by the EFCC is routine and there is nothing wrong about that. I drove them in my car to their office and we exchanged pleasantries and it lasted for more than thirty minutes and I left.”

The simple meaning of the above words, especially the highlighted portion of Ubah’s statement, is that EFCC IS NOT SERIOUS ABOUT INVESTIGATING THE ALLEGATIONS AGAINST UBAH, including that of fuel subsidy scam.

If we may ask, why should EFCC officials sent to fetch Ubah ride with him IN HIS CAR to their office? Does it mean that they trekked to his house and so badly needed a lift which only Ubah could provide? Why should they accept a ride from a man whom they had been sent to fetch in connection with alleged crimes? The right thing would have been for them to take him to their office in their own vehicle or, at worst, allow him to follow them in his own car since he is a scared cow.

Ubah’s revelation that on arriving at the EFCC’s office, he and the relevant officials who were supposed to quiz him only “exchanged pleasantries” and he left is equally outrageous. For crying out loud, this is a man who should be undergoing serious investigations! And all you do is to exchange pleasantries and off he goes?

In the circumstances, is it a surprise that EFCC under the watch of Ibrahim Lamorde has proved be a total disaster? The other day Mr. Lamorde publicly confessed that the EFCC under him cannot achieve anything meaningful in the war against graft but can only convict yahoo yahoo boys but, surprisingly, President Goodluck Jonathan has allowed a man who publicly said he cannot perform to remain on the job. Mr. Lamorde blamed his failure on loopholes in the anti-corruption laws but the revelation by Mr. Ubah has exposed his lie.

The truth is that EFCC under Ibrahim Lamorde has failed woefully because of the man’s methods and tactics. Ifeanyi Ubah’s case has erased any doubt about that. It is left for those who gave Lamorde a job that is bigger than him to look for a better candidate soonest or continue to come under attack for the worsening corruption situation in the country which, inexplicably, only those in the Presidency claim to be ignorant of.

•Photo: Ifeanyi Ubah.

Source News Express

Posted 01/05/2013 1:31:08 PM

 

 

CLASSIFIED ADS

 

You may also like...
Dear God, please grant Governor Sullivan Chime quick...

Ibori: UK Police launches new corruption investigation

We lost 1,000 people, 2 million cows —...

Osimhen breaks into Super Eagles as Rohr names...

Subsidy removal exposes insincerity of APC leaders –...

Ogun PDP crisis: Kashamu faces disqualification

Boko Haram: Army announces special promotion for 3,729...

The legality of Operation Python Dance

Outrage as Buhari begins crackdown on judges

NNPC board to decide on refinery investors this...

Court jails driver for raping 80 years old...

Breaking News: APC PLOTTING COUP —JONATHAN •Tells opposition...

 

Latest News Exodus hits Boko Haram, ISWAP as Nigerian Army, Joint Task Force step up onslaught Nnamdi Kanu speaks after presenting Biafra's case to UN Unknown gunmen shoot footballer dead Troops storm bandits’ camp, rescue 8 kidnap victims Court convicts two P&ID Directors for fraud; winds up company, orders assets forfeited to FG 5 persons kidnapped along General Buratai's village Wife docked for allegedly photographing husband without permission Mother, two children die after ‘Amala’ meal, father in critical condition JAMB suspends 13 exam centres over infractions Army dismisses rumour of impending attack on Maiduguri 2023: Zone presidency to south-east: Balarabe Musa 2 women docked over alleged N394,000 unpaid hotel bills

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (542,000 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (443,635 views) Shameless Genevieve Nnaji exposes breasts in public (390,042 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (327,039 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (295,146 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (253,894 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (250,117 views) 10 cars more expensive than Jets (238,766 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (231,810 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (217,809 views) Lagos plane crash: Journalist releases victims’ names (196,140 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (193,702 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (102) Business & Economy (4,451) Business Verdict (80) Columnists (1,112) Complaints & Requests (96) Enterprise & Opportunities (215) Entertainment (664) Features (813) Global Business Monitor (443) ICT Monitor (63) International (3,965) Interview (203) Live Commentary (30) Love Matters (170) Maggie's Blog (414) News (51,501) Opinion (1,360) Pidgin (17) Politics (11,454) Religion (1,102) Sports (2,171) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera