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BLUE UPDATE

Sen. Ifeanyi Ubah ‘s N135bn Debt Case with AMCON Withdrawn after Defecting to APC.

Sen. Ifeanyi Ubah and his company Capital Oil and Gas limited, alleged N135bn indebtedness to AMCON has reportedly been cancelled.

According to reports, During a Federal High Court sitting in Lagos , Justice Nicholas Oweibo discarded the charge following an oral application by counsel for Asset Management Corporation of Nigeria [AMCON], Oluwaseun Onabowu, while seeking for a withdrawal of the suit.



This new development comes days after the Senator representing Anambra South defected to APC from YPP.

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