The Department of State Service said oil head honcho, Ifeanyi Ubah is in its care.
He was captured on Friday over his asserted engagements in acts portrayed as antagonistic to national security.
He was likewise blamed him for taking, redirection and illicit offer of oil based goods put away in his tank cultivate - The DSS representative, Tony Opuiyo, put the cost of the oil at more than N11billion Ifeanyi Ubah, the overseeing executive of Capital Oil and Gas Limited has been captured by the Department of State Services (DSS). In an announcement issued on Saturday, May 6, by its representative, Tony Opuiyo, it said the oil tycoon was in its authority over his affirmed engagements in acts which the security equip depicted as antagonistic to national security. Ubah who was captured on Friday was blamed for taking, preoccupation and unlawful offer of oil based goods put away in his tank cultivate by the Nigeria Petroleum Products Corporation (NNPC). The cost of the oil was esteemed at more than N11billion.

Opuiyo said such acts added up to monetary harm and had the ability to adversely affect on national economy. The announcement read: "It is informational to note that UBAH has additionally occupied with different exercises hostile to national security and open request. In assistance of his contrivances to undermine the legislature and individuals of Nigeria, he has induced individuals from the Petroleum Tanker Drivers (PTD), a basic player in the downstream sub-segment of the Petroleum Industry, to can't/stop the lifting of items. "This is a piece of his arrangements to curry their feelings and make them set out on strike and furthermore organize challenges to support him with the ulterior thought process of arm-contorting the NNPC to relinquish the reason for recouping the stolen items. "The ramifications of this on peace is, truth be told, a typical learning. It is subsequent upon this that the Service captured and will indict him forthwith."