Andrew Yakubu
hehehehe..........Andrew Yakubu has lost the gargantuan slush funds linked to him to the Federal Government following a stern court order.
A Federal High Court sitting in Kano presided over by Justice
Zainab B. Abubakar, Tuesday, has ordered the forfeiture of the sum of
$9,772,000 (Nine Million, Seven Hundred and Seventy Two Thousand United
States Dollars) and £74,000 (Seventy Four Thousand Pound Sterling)
recovered from a former Group Managing Director of the Nigerian National
Petroleum Corporation, NNPC, Mr. Andrew Yakubu to the Federal
Government according to the Vanguard.
According to a press release signed by Wilson Uwujaren EFCC Head
Media & Publicity the order was sequel to an ex parte application by
the EFCC seeking an interim forfeiture of the recovered money to the
Federal Government. The ex parte application was moved by Salihu Sani,
counsel for the applicant.
In her ruling, Justice Zainab held “That the sum of $9,772,000
(Nine Million, Seven Hundred and Seventy Two Thousand United States
Dollars) and £74,000 (Seventy Four Thousand Pound Sterling) which are
now in the custody of the applicant (EFCC) are in the interim forfeited
to the Federal Government of Nigeria.”
It would be recalled that, on the 3rd day of February, 2017, operatives of the Commission had stormed a building
belonging to the former NNPC boss and recovered a staggering sum of
$9,772,000 (Nine Million, Seven Hundred and Seventy Two Thousand United
States Dollars) and £74,000 (Seventy Four Thousand Pound Sterling)
stashed in a huge fire proof safe.
On February 8, 2017, Yakubu reported to the Commission’s Kano Zonal
Office where he admitted being the owner of both the house and the
money recovered. Yakubu is still in custody assisting the investigation.
14th February, 2017.
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