Emmanuel Iheanacho (Ex-Minister) Arrested for Oil Theft

A former Minister Of Interior ,Captain Emmanuel Iheanacho has reportedly been arrested in Lagos.He was picked up in connection with alleged oil theft.Investigations into a company linked to him led to his arrest. Iheanacho had a controversial tenure as a minister as he was suspended only to be reinstated and later laid off

An Earlier report as follows:

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"Officials of the Nigerian Maritime Administration and Safety Agency (NIMASA) and armed forces personnel operating under the Global West Vessel Specialist Limited (GWVSL) Thursday invaded the depot of the Integrated Oil and Gas Limited at Apapa over an allegation that the company received stolen petroleum products.GWVSL, a firm believed to be owned by a former leader of the Movement for the Emancipation of the Niger Delta (MEND), Chief Government Ekpemupolo, popularly known as Tompolo is executing a contract worth $103.4 million, about N15 billion for the supply 20 vessels for the use of the military authorities to secure the waterways.

Acting on a tip-off, officials of NIMASA, State Security Services (SSS) and military personnel operating under GWVSL yesterday tracked a cargo “M. T. Grace” allegedly laden with stolen petroleum products to the tank farm of Integrated Oil and Gas Limited.

The security personnel took over the company’s tank farm, arrested some workers, including one Captain Nicholas Okotie, who was alleged to have been transporting hijackers of vessels to the high sea.

But in a swift reaction, the Chairman of the Integrated Oil and Gas Limited, Captain Emmanuel Ihenacho, told reporters last night that the invasion was part of the orchestrated campaigns to damage his reputation and destroy his businesses."