Court Sets New Date For Ifeanyi Ubah Over N132B Amcon Debt

Senator Ifeanyi Ubah and his Capital Oil and Gas Limited will now be arraigned on 2 April over fraudulent value of assets tendered to offset N132billion owed AMCON.

Justice Nicholas Oweibo Of the Federal High Court in Lagos gave the new date today after Ubah failed to show up for the second time.

When the case was mentioned, the prosecutor Mr Kunle Adegoke asked the court to grant an order for the service of the charge on Ifeanyi Patrick Ubah through the balliff of the court on Ubah’s legal representative, Dr. Olisa Agbakoba, SAN

In an affidavit sworn to by para-legal staff of Kunle Adegoke law firm, Haleemah Adegoke, she averred that the bailiff of the court told her that, he took steps to effect service of the charge dated 30th day of October, 2019 on Ubah personally in December, 2019 at the registered office of Capital Oil and Gas Industries Limited.,but he was unable to serve him personally. Since then he has been evading service.

On the 4th day of December, when the defendant was absent to take his plea in court,Dr. Olisa Agbakoba SAN announced his appearance for him and also informed the court that his client was yet to be served.

In a short ruling,Justice Oweibo acceded to the request of the prosecutor.

However,Counsel representing Capital oil and Gas limited Mr Ajibola Oluyede,told the court that,there is on going process for amicable settlement of the matter.

Dr. Agbakoba was not in court today, but a lawyer from his chamber, Mr frank Ideho appeared for Ifeanyi Ubah.

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