Uba denies receiving help from Maduka; calls Cosharis group 'pure water' business - Part 2
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- เผยแพร่เมื่อ 11 พ.ย. 2012
- The Managing Director of Capital Oil and gas, Ifeanyi Uba on Monday denied claims by the Chief Executive Officer of Cosharis group, Cosmos Maduka that he offered him (Mr Uba) a lifeline when his business was in the brink of collapse.
"Is it by his pure water business that he'll be able to come and help me," Mr Uba, who was a guest on Channels Television's breakfast programme, Sunrise Daily, asked.
Mr Uba said he believes politicians were influencing the Cosharis boss, whom he referred to as an uncle, to engage in the media war with him.
Mr Maduka had claimed that since Mr Uba and his company (Capital Oil and Gas) were labelled by most commercial banks in Nigeria as 'unbankable', he helped the oil merchant to obtain a loan of $180 million from Access Bank to finance the importation of Premium Motor Spirit (PMS).
The Cosharis boss also alleged that 10 letters of credit were opened and that of the 10 expected cargoes, only six were delivered.
Disputing Mr Maduka's claims, Mr Ubah said "everything about that story is false."
When asked if it was true that he is indebted to Access Bank to the tune of N21 billion, Mr Uba said 'you can't eat your cake and have it'.
He said the loan he obtained from the bank was what he used to import petrol of which his company is yet to receive subsidy payment. "The money is sitting in Access Bank," he said.
"Access Bank is the consignee of all the vessels imported. Therefore, if they are accusing of fraud, then it is all of us together," he added.
THE grace of God upon this Ifeanyi, is that Dr Cosmos is a humble and God fearing man. Ifeanyi is a swindler!
You know a liar when you hear one speak. This Uba is talking out of point. Listen to Maduka's story and you will understand me.
Oga are you owing Maduka!? What's all these back and forth? Please go straight to the point!!!
Ifeanyi is a fraud star. He played a fast one on Maduka. He is not even composed and his points seem to be unclear. lies lies lies. Maduka I thinks is telling the truth when you watch his interviews.
What do you mean by he is not composed? Ina akogheri
Ifeanyi Uba an intelligent roque
I believe Dr Maduka. No it's not laughable. You are the object of buffoonery. You are definitely a one term senator. There will be no room for bullies in Igbo business.
this man has no idea of what he’s saying, maduka was vivid with figures and dates
That's why Peter don't want him to be governor of anambra state lol ajo guy man scammer
Saber rattling is a style of avoiding answering direct questions.
Uba listen you are derailing from all the questions pay your uncle please,
True. Uba is an Ingrate only concerned with self interest.
The truth in this matter is seen in the incoherence of the answers from this Uba guy. even a cadet police officer will see through his lies. Cosmas Maduka has made a mistake in getting involved with this character against all advise. it is a shame.
Let him recover his money though.
Ifeanyi Uba's statement has been irregular. If he does not take time, Ibori will be better than him. He should be arrested and guided before he commits suicide. Wooo to people who bought shares from capital oil. Woo to Nigerian govt for involving a street trader and thief in oil subsidy. How many private jet? Let him go and buy more...
2019 - Ifeanyi Uba we didn’t see what you wanted Nigerians to see
It’s obvious who is lying 🤥. Cosmas Maduka. History will be kind to you 🙏🏼
Ifeanyi Uba you are not making sense in what you are saying!!
I wish we could all make our local languages the official language. Many of these people weh dey form with english no go get work. Speaking sense is different from speaking english
gbam!
gbam!
Of course Ifeanyi Uba is not educated
I Dey feel you
Mumu, can u speak better than him? Even if u can, how much donu have in your acc mugu
So easy to identify a con man and Prima donna
So annoying that I can't watch the videos .
Ifeanyi Uba, when you are taking about your business dealing with a fellow business man, do not bring the claim of job creation. You are not the only Nigerian business that created employment in Nigeria.
But Uba's earlier statement was that he had no business dealing with Dr. Maduka.
THIS GUY IS NOT ATTICULATE IN HIS REPLIES TO QUESTIONS, HE'S GOT A LOT TO OF QUESTION TO ANSWER.......... HE'S A THIEF
He sells cars and spare parts. Pure water is just his side hustle.
Ok today is Friday April 23rd, 2021. It's been over 11 years since this incident occurred. So let's keep scores .
1. Where is Capital Oil today ?
Answer : Capital Oil has been TAKEN OVER by the asset management company of Nigeria (AMCON) because it is owing several banks and businesses in Nigeria and cannot stay solvent anymore .
2. Where is Ifeanyi Uba today ?
Answer : Ifeanyi Uba has NO business as at today , making him the ONLY oil "billionaire" in Nigeria to be bankrupt. He quickly rushed into politics where he is now a senator and right now running for Anambra governorship.
3. Where is Cosmas Maduka ?
Answer : Cosmas Maduka's business COSCHARIS group is growing from strength to strength, even though he paid N14b to clear that debt Ifeanyi stole. COSCHARIS is also about to go public.
So from this , you know who is a crook, and who is a true business man.
THIS SHOULD BE A LESSON TO ALL YOUNG BUSINESSMEN & WOMEN IN NIGERIA. ONLY YOUR INTEGRITY WILL SAVE YOU !!! DO NOT STEAL TO GET RICH QUICK. IT DOES NOT PAY !!!
Apt!
Ifeanyi, it is 2019. Have you paid Maduka his money? I na a ko rubbish, e baa, men. You owe Maduka. PAY HIM AND STOP SPRAYING WOMEN WITH DOLLARS IN PARTIES AND FLYING TWO PRIVATE JETS!!!
This fraudulent man will sell Anambra state or repossess all the properties in the state. Rochas will be a saint when compared to this crook, Ifeanyi.
This is why I miss Nigeria. So much drama. Poor man na you sabi, lol!
Terratiger mumu u n him who poor pass
This Uba is not saying the truth. He can't even narrate what transpired between him and Dr Maduka...
11years ago...now CEO of Access bank died in a helicopter crash in a foreign (export/import) along with his family and former CEO of Nigeria Stock Exchange...Hmmm...!!!😮
God knows who is saying the truth Anybody that is not saying the truth in both of you mark 8vs36,and 37.if any of you deceive each other but that person can not deceive God.
Which paper is he reading from? 🤗
This man is a thief
This Ifeanyi is a dangerous criminal
Uba u are telling lies. Is this how you made your riches? ... A complete fraudster. This will surely be your last.
there's a big different btw wisdom and education this man has wisdom to get to where he is, speaking English does not mean u are educated i think this man deserve some respect.
what do u guys expect 2 hear?... he cant disclose d main business terms to the world... when two rich men re talking + bank owner fraud is involved.. so guys no dey expect to hear all
Incoherent thief. Hitting around the bush
Company of Strategic National Interest!!! hahahaha.. i taya ooo
🤣🤣🤣🤣I thought I was the only one who heard this. Company of Strategic national interest....This guy is a crook. Thief! He really should be in jail.
Hmmmm. And he is representing me in the senate!
😂🤣😥😪😜🤧😩😬🙈🙉
This guy is a scam
This is nigeria 🇳🇬
nigeria only work with criminals.
and dat is why they have naver say anytin about him and his oil company. look at the way nigeria try to forstrate innoson and his company just becoz he want to help igbo land.
Dis man na liar. He hasnt hit d nail on d head
Ifeayi is not truthful with his response here.. but how can the respected igbos disgrace them selfs publicly,, people like Autor eze and other respected igbo business men should work had to settle this our brothers pls a stop to all this disgrace thats my take on this
Are you owing Dr. Cosmos Maduka?
Those of you saying his English is bad, is English his mother's tongue, can an English man pronounce any sentence in igbo language, and why professor's in English language are not billoniers?
It's not hard to know when someone is lying. Ifeanyi Ubah is a liar and sadly enough he is a Senator.
Oga you're just lying. Without Dr cosmos maduka you wouldn't have been in the level you are today.
This guy is confused and a stack illiterate. He needs to b shutdown
Heavy stack goat
Pure water business.........lol
Cosharis can not be lier is Uba like to be Wayo
This Man Is Not Reliable, Cannot and Should Not be taken Seriously.This Politician, will only be the shark. Why can he be talking of 40% to Maduka and this involves a Bank, also a strategic Sector of the Nation. See the man, who wants to rule Anambra? He is interested in spreading falsehoods, and inuendos. Where are the products? He is smart, but tomorrow will prove him wrong!
Accesses power ifeanyi ikalaka
He has accepted he has done something fraudulent but he is trying to rope in everyone
Ibo boy!!!.....Coscharis poor water business,Cosmos maduka spare part dealer...Lol
From the beginning u said the story of the shipment is a lie. U never didn't business with him but at the end u admitted that u delivered.
Dr Maduka is the wronged guy here... iFEANYI Uba should not bite the fingers that fed him
How did it end please?
Am confused dont know who is speaking the truth
Only 16billion was paid back to dr maduka
How can you say, you don’t know who is saying the truth? Can’t you see how incoherent and elusive Ifeanyi is? Did you see Dr Maduka’s interview? Of course this guy is the liar...
Pure water business? not serious
They are asked you did maduka finance the importation of PMS, which 6 consignments came in and sold the proceeds was remitted but subsequent ones was not accountable by you.this man is implicating himself and company
I thought this guy is an academic Dr.
help pls??
Ifeanyi uba is a criminal
You see why they're all against mazi Nnamdi kanu because of what they get from the zoo ole every where
This guy is not answering the questions post.
pay him
This man is a big thief, I'm happy to really learn from this, ubah is saying completely rubbish
THIS man is a scammer . be careful when it comes to do business with him
with what he is saying one can say Uba is just fooling himself in public.......BIAFRA will never come with this tales uba is feeding Nigerians with....lies full of grammatical blunder. my friend go and find square root of your lies............
This guy is a criminal
Uba go and pay your brother
I read all of your comments here and just find out that you guys are calling Ifeanyi Uba all kinds of names while you are not among or were there when he did the business with Cosmos Maduka. Nawaooo for una
Lmao .... This guy
This man is a liar, someone working with him told me Ifeyi is a thief.
Ifeanyi uba, your words are not straight, you said mmaduka never help you and you never done any business with them and you later said you have deliverd the consignment which they are looking for so, that means you have business with cosmas...Ifeanyi do the right thing (Nwa mmuo emegbukwana Nwa mmadu, Nwa mmadu emegbukwana Nwa mmuo)
Why do I have the impressions This ifeanyi uba is lying
He's just drawing a clueless lines on the issue
because it is so. even if he is ur broda, u kno he is lying.
An idiot will know that Uba is lying
Ifeanyi uba is a thief
Pls mr man your company does not help Nigeria but is making money from Nigeria so dont confuse us
Ndi Igbo🤦
Please you shouldn't fight each other the evil in Nigeria want to separate you guys. We are igbos and we are the greatest
Must everything come with sentiment if he own let him pay not tribalism in everything. Bro
You people don't want to respect yourselves, old men like you people talking trash on social media. I'm really disappointed with both of you. For crying out loud, this doesn't fit you people.
He is lying obviously
You are brothers. Please, stop fighting yourselves. You people are shaming igbos and their business dignity.
Biggest scam
Ifeanyi uba is well know thief
From your statement how can Cosmos jump into this matter without your concept between you,Access bank and the man whom Access bank want to sale his property which means you have no facility with the bank because of this you bring in Cosmos in other to talk to the bank and one MR IKY. (Remember you alter this word that Cosmos is not from Newei , umunna will look into this cus I don’t understand you here)!!!
Hahahahahahahahahha
No strength to laugh abeg
Are u owing or not? simple!
Nothing concern House but Court. Go there(Court) and prove urself.
Wonders shall never end; ur rescue has become an instrument used by ur political enemies.
Someone, should re-visit the King Solomon judgment btw two women & u'll surely know the truth.
Menh these people have messed this country. Was it not last week they saw Maduka preaching on the street? Shame
How can u say that? i am definitely suprised at your judgement. your comment has no bearing with the facts. if u listen to both aides and u have any sense of truth you will kno that Uba definitely defrauded Mr Maduka. you have alot to do.
Well business is never your field that's why you sound like this,if i may ask does his preaching prevent him from doing what he does for his livelihood?
Or should he go broke in any way for you to know he's serving God?
If you see him begging in any way to survive i believe you will be among those to call him a lazy old man bringing shame to men of his age
"Is it by his pure water business that he'll be able to come and help me?"
He's way richer than you though..
www.informationng.com/2013/02/top-21-richest-nigerian-billionaires.html
ifeanyi go back and think your little brain little boy go back home to your family, Yoruba's and Hausa enemy's making fun of you, Abiola have same problems but not on TV
THIS UBA MAN SHOULD FIRST GO BACK TO SCHOOL SO HE CAN AT LEAST EXPRESS HIMSELF IN SIMPLE CORRECT ENGLISH. ALTERNATIVELY LET HIM SPEAK IN IGBO OR LINGALA.
WHAT A SHAME!!!! HE SAID HE HAD NO BUSINESS WITH HIM, THEN HOW COME HE HAD SOMETHING TO DO WITH ACCESS BANK?
THIS GUY IS A COMMON CRIMINAL. IN A SANE COUNTRY, HIS LIKES BELONG TO THE PRISON...
Shorts up Englisch his mother tongue?
the question is did he assist you with the money mentioned. this is another lai Mohammed
Ifeanyi Uba an intelligent roque