According to a report by Sahara Reporters, Chairman of Capital Oil, Ifeanyi Ubah has been arrested and detained by the Department of State Services (DSS).
The report added that the businessman was involved in illegal sale of crude oil stored in his facility.
In a telephone interview with The Guardian, Ubah debunked reports that he was arrested and detained by the DSS.
The founder of Ifeanyi Ubah FC said: “If I am arrested, I would not be talking with you now. They should continue writing, but those who are in doubt should come and watch football match tomorrow because I would be there.”