A meeting by the House of Representatives Committee on Public Petitions to deliberate on a petition received from the Managing Director of Capital Oil and Gas, Mr. Ifeanyi Patrick Uba over the non-payment of his N20 billion fuel subsidy claims was, yesterday, deadlocked as some parties to the dispute refused to give testimony at the hearing.
Representatives of Access Bank PLC and Coscharis Group of Companies, parties to the dispute told the House Committee that they could not take issues with the petition since the matter was in several courts .
The Capital Oil boss, in a petition to the Speaker, House of Representatives, Aminu Waziri Tambuwal dated November 14, 2012 claimed “ serious breach of fundamental Human rights, gross misrepresentation, suppression and concealment of material facts, threat to life, fraud, deceit, infringement, gross violation of banking rules and regulations and the constitution of the Federal Republic of Nigeria via attempt to forcibly take over Capital Oil & Gas Industries Limited under false presence resulting and culminating in non-payment of over N20 billion due to Capital Oil &Gas Industries Limited.”