NNPC Ex-GMD, Andrew Yakubu Claims The $9.8M Recovered From Him Were Mere Gifts

Date: 11-02-2017 3:21 pm (7 years ago) | Author: Daniel Bosai
- at 11-02-2017 03:21 PM (7 years ago)
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Engr. Andrew Yakubu, the face of dollarsThe former Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Andrew Yakubu, has admitted ownership of the recovered money of 9.8 million dollars from his home.



The Economic and Financial Crimes Commission (EFCC) said on Friday in Abuja in a statement that Yakubu had reported to the commission’s zonal office in Kano and made the statement claiming the money was gift from unnamed persons.

The commission said that Yakubu, who also admitted that another 74, 000 pounds cash was recovered from him, is currently assisting in the investigation.

Wilson Uwujaren, Head of Media and Publicity of the EFCC, said that a special operation conducted by operatives of the commission on Feb. 3, stormed a building belonging to Yakubu in Kaduna to recover the cash.

He said that the huge cash was hidden in a fire proof safe.

Uwujaren said that the surprise raid of the facility was sequel to an intelligence which the commission received about suspected proceeds of crime believed to be hidden in the slums of Sabon Tasha area of Kaduna.

He said that on arrival at the facility, the caretaker of the house, one Bitrus Yakubu, a younger brother to Andrew Yakubu, disclosed that both the house and the safe where the money was found belong to his brother, Andrew Yakubu.

Uwujaren said that when the safe was opened it was discovered that it contained the sum of 9,772,800 dollars and another sum of 74,000 pounds.

The EFCC source said that it was the largest sum of cash the commission had recovered in recent times.

Yakubu was arraigned in June 2016 on allegations of money laundering.

He served as GMD of NNPC from 2012 to 2014 during the Goodluck Jonathan administration.


Posted: at 11-02-2017 03:21 PM (7 years ago) | Addicted Hero
- osarobo62 at 11-02-2017 04:51 PM (7 years ago)
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why not...when dem see your fine face, ...people go just dash you gifts, abi Huh?
https://www.google.ca/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjbx6L3sojSAhUH8IMKHU27BB8QjRwIBw&url=http%3A%2F%2Fwww.inthe00s.com%2Farchive%2FBefore70s%2Fsmf%2F1395242789.shtml&psig=AFQjCNHIVXeiRobY1WBsamMYPjOcNKhRJQ&ust=1486914650874488
Posted: at 11-02-2017 04:51 PM (7 years ago) | Hero
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- Keffejude at 11-02-2017 05:01 PM (7 years ago)
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even Obama wife or Opera Winfrey no fit receive this kind gift for their entire lives
Posted: at 11-02-2017 05:01 PM (7 years ago) | Gistmaniac
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- angesco at 11-02-2017 05:03 PM (7 years ago)
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Don't worry we know the word "GIFT" in Nigeria has its OWN HOMEGROWN meaning!

It's the SYNONYM in Nigeria for the word BRIBE!
Posted: at 11-02-2017 05:03 PM (7 years ago) | Gistmaniac
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- Oghogho777 at 11-02-2017 06:46 PM (7 years ago)
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I need such gift too
Posted: at 11-02-2017 06:46 PM (7 years ago) | Newbie
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- jeroba1 at 11-02-2017 08:49 PM (7 years ago)
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what have u done for d people before they gave u such (bribe) gift.
Posted: at 11-02-2017 08:49 PM (7 years ago) | Gistmaniac
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- schmit at 11-02-2017 08:54 PM (7 years ago)
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U think say we be mumus
Posted: at 11-02-2017 08:54 PM (7 years ago) | Hero
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- akinmanchy at 11-02-2017 11:09 PM (7 years ago)
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Chai na dis huge amount of money be gift? Fear God na

Posted: at 11-02-2017 11:09 PM (7 years ago) | Hero
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- james987 at 12-02-2017 06:48 AM (7 years ago)
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Na the trend be that,the question is,what warrants such a huge gift? Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 12-02-2017 06:48 AM (7 years ago) | Hero
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- teral at 12-02-2017 07:35 AM (7 years ago)
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GOD WE PUNISH YOU
Posted: at 12-02-2017 07:35 AM (7 years ago) | Upcoming
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- LegendaryU at 12-02-2017 01:32 PM (7 years ago)
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National disgrace, but why should EFCC go around and search people house like that?
Posted: at 12-02-2017 01:32 PM (7 years ago) | Upcoming
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- luckingto50 at 12-02-2017 02:28 PM (7 years ago)
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Gift but personal bank in his husz. Why dont u bank the money. Thiefing Yakubu
Posted: at 12-02-2017 02:28 PM (7 years ago) | Upcoming
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- BournIdentity at 13-02-2017 02:48 AM (7 years ago)
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Chhaaaiiiii ole
     
Posted: at 13-02-2017 02:48 AM (7 years ago) | Addicted Hero
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- Larry28 at 4-03-2017 03:45 PM (7 years ago)
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Gift from where?
Posted: at 4-03-2017 03:45 PM (7 years ago) | Hero
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- 24magic at 5-03-2017 12:36 AM (7 years ago)
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Wickedness in high places. I bet someone in this guy's immediate family may still be struggling to feed
Posted: at 5-03-2017 12:36 AM (7 years ago) | Gistmaniac
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