Ifeanyi Uba, the owner of Capital Oil, has been arrested and detained by Nigeria's Department of State Security, Sahara Reporters reports on their website.
The businessman was previously implicated in a fraud saga with the Nigerian National Petroleum Corporation, accused of embezzling funds from an illegal sale of crude oil saved in his facility, the online medium stated.
According to Sahara Reporters, Mr. Ubah's aides were called to confirm his whereabouts, but they did not call back despite promising to do so.
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