Sponsored
Crime

See Pictures Of $9.8mn Raw Cash Recovered From Ex-NNPC GMD Andrew Yakubu

Sponsored
Sponsored

The bundles of cash recovered from Former GMD of NNPC, Andrew Yakubu’s residence

A special operation conducted by operatives of the Economic and Financial Crimes Commission on 3 February on a building belonging to a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, in Kaduna, yielded the recovery of $9,772,800 and another sum of £74,000 cash.

The huge cash was hidden in a fire proof safe.

The spokesperson for the EFCC, Wilson Uwujaren, said in a statement 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.

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 8 February, 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, Uwujaren said.

See more pictures below:

EFCC officials at the slum residence of Andrew Yakubu’s brother

PREMIUM TIMES 

Sponsored
Funsho Arogundade

Recent Posts

Man, 27, Arraigned Over Alleged N50m TV & Cash Theft At Alaba

CYRIACUS IZUEKWE A 27-year-old man, Ovie Michael, was on Tuesday arraigned before an Ojo Magistrate…

32 minutes ago

Women’s Wing Of ABER Hails Dr. Piriye Kiyaramo As Visionary Leading Africa’s Blue Economy Transformation

The Head of the Women’s Wing of Africa Blue Economy Roundtable - ABER, Barr. Sophie…

34 minutes ago

CEO Branding As Organisation’s Touchstone And Gemstone

UGOCHUKWU UGWUANYI  People are usually skeptical of organisations - a disposition that lingers until they’ve…

47 minutes ago

Man, 28, Sent To Prison For Using Broken Plate To Stab Victim’s Eye During Brawl

CYRIACUS IZUEKWE A 28-year-old man, Idris Kelani, has been remanded in prison following his arraignment…

2 hours ago

Ijaw Nation And The Pharoah Who Did Not Know Joseph

WISDOM ONIEKPAR IKULI  The title of this piece is coined from the story of Israelites…

2 hours ago

Ojodu Mayor, Hon. Odunmbaku Calls On Youths To Become Responsible Agents Of Positive Change

The Executive Chairman of Ojodu LCDA, Lagos State, Hon Segun Odunmbaku, has called on youths…

3 hours ago
Sponsored