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Africa And Corruption!! Nigeria’s Anti-corruption Agency Retrieved $9.8Million And £74,000 Cash From Former NNPC Boss’s Home!!

A special operation led by agents of the Economic and Financial Crimes Commission on 3rd February, 2017 on a building having a place with a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Andrew Yakubu in Kaduna yielded the recuperation of an amazing aggregate of $9,772,800 (Nine Million, Seven Hundred and Seven Two Thousand, Eight Hundred United States Dollars) and another total of £74,000 (Seventy Four Thousand Pound Sterling) money.

The ‘very huge’ cash was hidden in a fire proof safe.

The surprise raid on the facility was a sequel to 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.

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House where the money was hidden

Image result for Dr. Andrew Yakubu
Dr. 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 a gift from unnamed persons. He is currently assisting the investigation.

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Written by How Africa

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