The gallant operatives of the Economic and Financial Crimes Commission (EFCC) discovered multi-million hard currencies after a raid on the home of former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu in Kaduna state. The anti-graft agency has now elaborated on how its operatives stumbled on the $9.8 million loot recovered from Andrew Yakubu, a former Group Managing Director of the Nigerian National Petroleum Corporation. Earlier report had estimated the loot at $9.2million. But the Commission said it is $9.772,800. The commission said a special operation conducted by its operatives on 3rd February on a building belonging to Yakubu in Kaduna yielded the staggering sum and another £74,000 (Seventy Four Thousand Pound Sterling) cash. 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. Sabon Tasha is a poverty stricken area of the capital. 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. “When the safe was opened it was discovered that it contained the sum of $9,772,800 (Nine Million, Seven Hundred and Seventy Two Thousand, Eight Hundred United States Dollars) and another sum of £74,000 (Seventy Four Thousand Pound Sterling). On February 8, 2017, Andrew Yakubu reported to the Commission’s Zonal office in Kano and made statement wherein he admitted ownership of the recovered money, claiming it was gift from unnamed persons. He is currently assisting the investigation.
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Posted: at 10-02-2017 04:01 PM (8 years ago) | Addicted Hero
They will give him fine of 100million naira to pay, ,, ,there is no effective prosecution in all there so called fight, ,, if someone steals 5billion naira and the useless court will give him or her 100million naira to pay, did the person loose? Rubbish
Posted: at 10-02-2017 04:30 PM (8 years ago) | Upcoming
Wonders shall never end. Where are those idiots NLC/TUC and others that protesting that Buhari is not working? Is this not enough to make someone sick? If this kind of amount was found in one person's house and is in two powerful international currencies, definitly the Naira that would be in his kitty would be running to N500 Billion and that too would be a gift from an unknown person as claimed be the former GMD. He should be made to produce those persons. I wonder the kind of life this Man would be living. There are more of them out there that should go and submit themselves to the EFCC before they are detected. God will punish you.
Posted: at 10-02-2017 09:22 PM (8 years ago) | Newbie
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