Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,206,748 members, 7,996,659 topics. Date: Thursday, 07 November 2024 at 01:19 PM |
Nairaland Forum / Nairaland / General / Politics / Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS (32285 Views)
Ifeanyi Uba Takes Sanwo-Olu On Campaign Tour In Lagos (Pics) / The Moment Ifeanyi Uba & Fayose Stormed Ekwueme Square, Awka- PICTURES / Ifeanyi Uba All Smiles At His Nnewi Mansion After Anambra Election (Photos) (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by OlaMiki: 10:38am On May 24, 2017 |
Face the substance on this case OBAGADAFFI: 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by NothingDoMe: 10:38am On May 24, 2017 |
Put him to death and let's see how Nigeria will go. That's all 3 Likes |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by Halo22: 10:46am On May 24, 2017 |
The way things are going in this country eeee. How can a court of competent jurisdiction gives order and one agency headed by an uneducated almajiri counters it? It is outrageous because this is not the first neither is it the second of its kind. Am not supporting Mr Ubah in his so-called economic sabotage case, but DSS should start obeying court orders, we are not in the military era even if we are. Besides, the man said NNPC is owing him about such amount in question. 3 Likes 1 Share |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by gberra: 10:47am On May 24, 2017 |
doctokwus:Doc is fast losing it. You need to check yourself bro before it pushes you off the cliff. |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by gberra: 10:53am On May 24, 2017 |
I can see Kenny987 twerking right now. She can't wait to see Ubah's head on a plate 3 Likes |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by Nobody: 10:54am On May 24, 2017 |
Wait!!! Dasuki "Stole" trillions and you didn't prescribe "death sentence". You just use court dey do delay tactics. Oya, go ahead and kill Ifeanyi Uba!. After all he has been dining with you monsters. Gbupuya isii No love for any Igbo politicians hobnobbing with the Gambari's of this world. 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by 2shure: 10:54am On May 24, 2017 |
Abegi. Na asia we dey. If na asia now..no yawa. Na either capital punishment or death. Not naija whr we all know the mentality. Saraki na my padi Dpo na my shoe shinner Commisioner na my slippers Na my boy Na my guy No worry nothing go happen. So na dss donbturn judge abi. U see we are just all foolish in this country abeg. Nothing wud happen. If rev king stil deu alive Dansuki Ibb Dimeji bankole Obj And the rest of them bastards thieves stil dey waka free. Abegi all dis na for paper. Naija nos 3 in the world with highest level of corruption...scam...thieves....abegi 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by doctokwus: 10:57am On May 24, 2017 |
gberra:Uhn! Pls enlighten me,I don't understand u. 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by chinazor006(f): 10:58am On May 24, 2017 |
Yyeske: http://www.thebreakingtimes.com/capital-oil-and-gas-accuses-dss-of-attempts-to-criminalize-commercial-dispute-between-company-and-nnpc/ That's the link 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by wellmax(m): 11:00am On May 24, 2017 |
OBAGADAFFI:I They stated that in an affidavit presented in court. Where did you get your judge jury theory from ? Read una no go read. 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by McRenceMLT: 11:02am On May 24, 2017 |
Bravo123: When I read stuff as this I wonder where sanity is in this nation? How on earth will a nation's spy police allow itself to be this politicized and tribalized? Dr Ifeanyi Ubah is a well known Nigerian with impeccable reputation, a perfect gentleman with immeasurable business knowledge, why would he want to sabotage the nation and business that has brought him success? And what are the accusations against him to warrant death sentence? If not that this DSS folks are jokers... 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by McRenceMLT: 11:05am On May 24, 2017 |
When these jokers are done they will tell Nigerians the main reason why they are holding Dr Ifeanyi Ubah for no just course. I am sure the man is simply being perceived as threat to their evil plots and they want him incarcerated for nothing! May God heal the land 2 Likes |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by buchai: 11:09am On May 24, 2017 |
have you killed Dasuki, Tinubu, fashola, farouk lawan etc Useless DSS and unguided utterances. 2 Likes |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by Bebe0147: 11:09am On May 24, 2017 |
abu12:Olodo wetin Igbo's do you... where are you from self mumu... 2 Likes |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by gberra: 11:10am On May 24, 2017 |
doctokwus:You can hardly understand when your conviction seems to have been compromised. Enjoy the bandwagon. If you still do not understand me, use the other side. |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by swuftz: 11:13am On May 24, 2017 |
hammer6: have they sentenced him. I what I read was that his offence is punishable by death cos it's economic sabotage. in China he would have been hanged longtime ago. and heaven will not fall if he is harm or an hair fell off the body of your criminal son. chikena |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by dembularrr: 11:13am On May 24, 2017 |
IBB, Tinubu, and all d past head of state will have to go and dieeeeeeeeeee 2 Likes |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by jaxxy(m): 11:15am On May 24, 2017 |
BlackMbakara1: He is not a Govt staff or worker he is a businessman he can sue their ass for trillions in civilized places. Don't campare him and govt workers or civil servants |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by Charly68: 11:15am On May 24, 2017 |
Ubah has entered into DSS net He better prays very well to get out of the mess he landed himself. It is only in this country that somebody would perpetrate this type of crime & will be claiming legal liberty. He has a long way to go in this case. 11b naira worth of fuel no be small fraud. 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by gberra: 11:20am On May 24, 2017 |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by Skubidude(m): 11:20am On May 24, 2017 |
kollynxofodile: I was about to shout CRUCIFY THE BAGA until i came across ur comment. If wat u stated above is true then he (Ifeanyi Ubah) has no case. 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by MaziOmenuko: 11:21am On May 24, 2017 |
Yyeske: What you see here is the same person with 20 monikers spamming the whole of nairaland with hear-say beer palour gossip. Which business man will be owed N20bil and he hasn't sued? Upon his company being under threat by AMCON after owing all the commercial banks in the country and the person still hasn't sued NNPC to recover his debt? oxygen247: So if NNPC decides to ignore a mere lie means they consent to being indebted to him? A case that is already in court need no comment and NNPC knows that; no need to comment on anything. The law courts will adjudge the matter accordingly. UBA has all the resources to employ 30 SANS to defend his ar'se. Stop running around the entire net with 20 monikers shouting on top of your voice. 2 Likes |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by squash1986(m): 11:22am On May 24, 2017 |
Just bumped into this article today and felt I should share it here. Please read carefully and understand better. Capital Oil/NNPC : These are 25 points DSS Lawyer failed to note …Nigerians should take it to them 1- There is what is known as “Throughput contents” in the contract document between NNPC and Capital Oil . The “Throughput” agreement, in accordance with the norms and practice in the industry worldwide, allow conversion and diversion of its products by the ‘Operator’ so long as the Operator is prepared to re-deliver the products (in terms of the current contract) within 7 days of demand by the products owner or to pay a penalty for non re-delivery. The penalty to re-deliver is expressly stated by the Contract to be a mere breach of contract remediable by the payment of penalty to the owner. The penalty is comprised of the cost of delivery of the products to the Operator’s tank farm with interest at 1%. Therefore, there can not be an issue of crime in conversion or diversion of products under a throughput contract between NNPC and Capital Oil . 2- Again, According to Common law rule of “Warehouseman Lien” which expressly state that:- “When goods are delivered to a professional storage operator (we will refer to them as a warehouseman) for “throughput”, they may become subject to a lien. A lien is a security right which gives the warehouseman rights over the goods that can take precedence over the rights of others, including the owner. The warehouseman is entitled to exercise the lien when he or she is left unpaid for services rendered and in so doing will gain legal control over the goods. 3- In view of the above, Dr Ifeanyi Ubah’s Capital Oil can exercise the security right to sell the NNPC’s fuel if they refuse to pay their debt . State agents like DSS or EFCC do not have a place in this documented business transactions which is protected by the contractual terms between the parties . 4- One issue that nobody has refuted is the issue of NNPC owing Capital Oil and Gas over N16billion 5- It amount to sabotage for DSS Lawyer to continue to make undemocratic and unbusinesslike statement in the media on the matter that is receiving judicial attention . 6- Why are they not saying anything on over #16billion that NNPC is owing Capital Oil ? 7- Who should be punished by death between a govt that is owing more than #16billion to an individual who has over 2000 Nigerians in his employ or a Nigerian who has exercised his right of LIEN to remain in business, an act well within the legal framework of the contractual details between him and govt agency ? 8- Where was this product claimed to have been diverted used ? Was it not dispensed to Nigerians ? Was it hoarded against the public request ? No ! So where is the issue of attempt to instigate scarcity as alleged by DSS Lawyer coming from ? 9- In their first press release and in the Lagos court, they said Dr. Ubah was inciting Tanker drivers to embark on strike, which translates to economic sabotage in their thinking. For what purpose? It is of note that tanker drivers have denied that. 10- When they could not substantiate their claim with any proof , they subsequently changed gear to allege that Dr.Ubah was trying to cause scarcity by distributing petroleum products to Nigerians and hence , a capital crime punishable by death . Funny mix up indeed . 11- Can selling products stored at Capital Oil tank farm to Nigerians amount to creating scarcity of the same product within Nigerian market ? A question waiting for an answer . 12- Or Did Capital Oil sell the product in Cotonou or Mali ? Was it sold to aliens or Nigerians ? Of course it was to Nigerians . 13- Is Capital Oil not the same company that has been rescuing NNPC when they lacked product ? This same Capital Oil has frequently rescued the country in petroleum crises and during strike actions. Nigerians must take note. 14- Did NNPC inform DSS that they have been borrowing product also from Capital Oil in more than three occasions this year alone ? 15- Did NNPC inform DSS that they do also borrow /loan products from capital whenever they run short of product as there is documented evidence of capital oil loaning over 18million of pms to NNPC between 26th of July to 4th of August 2016 and many more. Will NNPC also be condemned to death for borrowing product from a private citizen to cover their supposed inefficiency ? 16- Let it be of note that Capital Oil had earlier petitioned the relevant Agencies /Institutions with respect to the over #16billion that NNPC has been owing the company for years. 17- Owing a businessman N16billion for about two years is a calculated act to stifle his business operation. More dangerous when it is even the Federal Government through its agency that is owing the private businessman such amount in Nigeria. 18- Assuming Dr Ifeanyi Ubah’s Capital Oil got that fund from the Bank, the cumulative interest will be over 45% of the principal. This takes me to the question: who is sabotaging our Nation’s economy here if not the govt ? 19- When Govt’s Business Attitude negates Private Business growth as examplified by the Commercial Behaviour of NNPC against Capital Oil, businesses collapse and the economy will be grossly affected. If capital oil goes down due to the negligent attitude of the govt, it will create panic which will scare away intending investors in a time our economy is begging for job creating platforms. I am worried . 20- It is no more secret that since the effort to robe Dr Patrick Ifeanyi Ubah to what the media called Dasukigate failed as they could not find anything that connects him to that. Since then, they have been moving from one issue to the other . 21- Nigerians should also be informed that attempt was also made to link the activities of TAN in 2015 election campaign to govt money which they found out also that TAN operated from efforts of private volunteers without govt fund . They now move to another issue . 22- Today, Nigerians are watching as they are working hard to criminalize a pure commercial transaction in order to get a target. Attempt to turn a well written contractual business understanding between NNPC and Dr.Ubah’s Capital Oil is a pointer to economic sabotage on the part of the govt. 23- When a govt agency refers the effort of a private citizen who has been working very hard to contribute his quota in moving our country’s economy forward as ‘sabotage’, then Economic doom looms. Nigerians know those that have been sabotaging and still sabotaging the economy of this country since 1960 till date . 24- Adopting Media trial can only entertain Nigerians and hurt economy. At the end, it will not solve the fundamental economic challenges of the nation, neither will it resolve the conflicts from the commercial transactions between NNPC and Capital Oil . 25- We challenge NNPC or DSS lawyer to publish any breach of the content of the agreement between NNPC and Capital Oil that made the Contract performing process between NNPC and Capital Oil a criminal act or economic sabotage on the part of Capital Oil .Even when the product in question was sold to Nigerians in need to cushion National scarcity.. …………………………………. My prayer is that we redirect our steps as a country . Nigerians and International community are watching . #Justice4IfeanyiUbah Ikechukwu Emeka Onyia ©2017 Abuja, Nigeria http://timezcomet.com.ng/2017/05/24/capital-oilnnpc-these-are-25-points-dss-lawyer-failed-to-note-nigerians-should-take-it-to-them/ 1 Like 2 Shares
|
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by squash1986(m): 11:24am On May 24, 2017 |
Capital Oil/NNPC : These are 25 points DSS Lawyer failed to note …Nigerians should take it to them 1- There is what is known as “Throughput contents” in the contract document between NNPC and Capital Oil . The “Throughput” agreement, in accordance with the norms and practice in the industry worldwide, allow conversion and diversion of its products by the ‘Operator’ so long as the Operator is prepared to re-deliver the products (in terms of the current contract) within 7 days of demand by the products owner or to pay a penalty for non re-delivery. The penalty to re-deliver is expressly stated by the Contract to be a mere breach of contract remediable by the payment of penalty to the owner. The penalty is comprised of the cost of delivery of the products to the Operator’s tank farm with interest at 1%. Therefore, there can not be an issue of crime in conversion or diversion of products under a throughput contract between NNPC and Capital Oil . 2- Again, According to Common law rule of “Warehouseman Lien” which expressly state that:- “When goods are delivered to a professional storage operator (we will refer to them as a warehouseman) for “throughput”, they may become subject to a lien. A lien is a security right which gives the warehouseman rights over the goods that can take precedence over the rights of others, including the owner. The warehouseman is entitled to exercise the lien when he or she is left unpaid for services rendered and in so doing will gain legal control over the goods. 3- In view of the above, Dr Ifeanyi Ubah’s Capital Oil can exercise the security right to sell the NNPC’s fuel if they refuse to pay their debt . State agents like DSS or EFCC do not have a place in this documented business transactions which is protected by the contractual terms between the parties . 4- One issue that nobody has refuted is the issue of NNPC owing Capital Oil and Gas over N16billion 5- It amount to sabotage for DSS Lawyer to continue to make undemocratic and unbusinesslike statement in the media on the matter that is receiving judicial attention . 6- Why are they not saying anything on over #16billion that NNPC is owing Capital Oil ? 7- Who should be punished by death between a govt that is owing more than #16billion to an individual who has over 2000 Nigerians in his employ or a Nigerian who has exercised his right of LIEN to remain in business, an act well within the legal framework of the contractual details between him and govt agency ? 8- Where was this product claimed to have been diverted used ? Was it not dispensed to Nigerians ? Was it hoarded against the public request ? No ! So where is the issue of attempt to instigate scarcity as alleged by DSS Lawyer coming from ? 9- In their first press release and in the Lagos court, they said Dr. Ubah was inciting Tanker drivers to embark on strike, which translates to economic sabotage in their thinking. For what purpose? It is of note that tanker drivers have denied that. 10- When they could not substantiate their claim with any proof , they subsequently changed gear to allege that Dr.Ubah was trying to cause scarcity by distributing petroleum products to Nigerians and hence , a capital crime punishable by death . Funny mix up indeed . 11- Can selling products stored at Capital Oil tank farm to Nigerians amount to creating scarcity of the same product within Nigerian market ? A question waiting for an answer . 12- Or Did Capital Oil sell the product in Cotonou or Mali ? Was it sold to aliens or Nigerians ? Of course it was to Nigerians . 13- Is Capital Oil not the same company that has been rescuing NNPC when they lacked product ? This same Capital Oil has frequently rescued the country in petroleum crises and during strike actions. Nigerians must take note. 14- Did NNPC inform DSS that they have been borrowing product also from Capital Oil in more than three occasions this year alone ? 15- Did NNPC inform DSS that they do also borrow /loan products from capital whenever they run short of product as there is documented evidence of capital oil loaning over 18million of pms to NNPC between 26th of July to 4th of August 2016 and many more. Will NNPC also be condemned to death for borrowing product from a private citizen to cover their supposed inefficiency ? 16- Let it be of note that Capital Oil had earlier petitioned the relevant Agencies /Institutions with respect to the over #16billion that NNPC has been owing the company for years. 17- Owing a businessman N16billion for about two years is a calculated act to stifle his business operation. More dangerous when it is even the Federal Government through its agency that is owing the private businessman such amount in Nigeria. 18- Assuming Dr Ifeanyi Ubah’s Capital Oil got that fund from the Bank, the cumulative interest will be over 45% of the principal. This takes me to the question: who is sabotaging our Nation’s economy here if not the govt ? 19- When Govt’s Business Attitude negates Private Business growth as examplified by the Commercial Behaviour of NNPC against Capital Oil, businesses collapse and the economy will be grossly affected. If capital oil goes down due to the negligent attitude of the govt, it will create panic which will scare away intending investors in a time our economy is begging for job creating platforms. I am worried . 20- It is no more secret that since the effort to robe Dr Patrick Ifeanyi Ubah to what the media called Dasukigate failed as they could not find anything that connects him to that. Since then, they have been moving from one issue to the other . 21- Nigerians should also be informed that attempt was also made to link the activities of TAN in 2015 election campaign to govt money which they found out also that TAN operated from efforts of private volunteers without govt fund . They now move to another issue . 22- Today, Nigerians are watching as they are working hard to criminalize a pure commercial transaction in order to get a target. Attempt to turn a well written contractual business understanding between NNPC and Dr.Ubah’s Capital Oil is a pointer to economic sabotage on the part of the govt. 23- When a govt agency refers the effort of a private citizen who has been working very hard to contribute his quota in moving our country’s economy forward as ‘sabotage’, then Economic doom looms. Nigerians know those that have been sabotaging and still sabotaging the economy of this country since 1960 till date . 24- Adopting Media trial can only entertain Nigerians and hurt economy. At the end, it will not solve the fundamental economic challenges of the nation, neither will it resolve the conflicts from the commercial transactions between NNPC and Capital Oil . 25- We challenge NNPC or DSS lawyer to publish any breach of the content of the agreement between NNPC and Capital Oil that made the Contract performing process between NNPC and Capital Oil a criminal act or economic sabotage on the part of Capital Oil .Even when the product in question was sold to Nigerians in need to cushion National scarcity.. …………………………………. My prayer is that we redirect our steps as a country . Nigerians and International community are watching . #Justice4IfeanyiUbah Ikechukwu Emeka Onyia ©2017 Abuja, Nigeria http://timezcomet.com.ng/2017/05/24/capital-oilnnpc-these-are-25-points-dss-lawyer-failed-to-note-nigerians-should-take-it-to-them/ 2 Likes 1 Share |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by magoo10(m): 11:26am On May 24, 2017 |
I laugh in Swahili punishment by death !! I wish that all politicians that have stolen Nigerians common wealth will be punished by death including those in govt now. lubbish 2 Likes |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by ezeegolimited30(m): 11:34am On May 24, 2017 |
because he wants to contest for Anambra governorship election abi? immediately Sen Andy Uba joined APC I no say power must jam power in my state. # I STAND WITH IFEANYI UBA# NOMATA THE ALLEGATIONS. |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by BlackMbakara1(m): 11:42am On May 24, 2017 |
jaxxy: Why didn't he sued them or don't you know in business they have payment terms, payment days,Payment reminder and penalty for defaulting. The court will ask if he has exhausted all those options. It's not a enough to take laws into your hands just because u r aggrieved. And please don't be silly, government workers, contractors etc are all vendors... 2 Likes |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by KakiP(m): 11:42am On May 24, 2017 |
hammer6:
|
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by BlackMbakara1(m): 11:43am On May 24, 2017 |
greenmonk: Yes! As far as i've not breached our payment terms... 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by Walelavender(m): 11:44am On May 24, 2017 |
See sentiments flying around. If truly this guy has committed this offence he should be duly prosecuted in a competent court of jurisdiction. However, the arms of law are too weak to nail the big men in this country. Trust me, this matter would be settled out of court in no distant time. This is Nigeria! Let's break this cycle of impunity by.... R E V O L U T I O N |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by squash1986(m): 11:49am On May 24, 2017 |
BlackMbakara1: My brother, read the article I posted. Dr Ubah have not committed any offence that will warrant DSS to arrest him. DSS is not a debt collector and have no right to arrest him. What would have happened is for NNPC to sue him to court or have a meeting with Capital Oil, not inviting DSS into this matter. Even DSS arrest him, they should take him to court instead of this media trial they are using against him. 1 Like |
Re: Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS by PFRB: 11:49am On May 24, 2017 |
wellmax: Which laws did they quote in the said affidavit? ? ? ? ? 1 Like |
(1) (2) (3) (4) (5) (6) (7) (Reply)
BREAKING: Tunde Balogun Emerges Lagos APC Chairman / Wike Buys 29 SUVs For Rivers Customary Court Judges (Photos) / Petitions Can't Stop Amaechi's Screening And Confirmation - Senate
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 73 |