News How EFCC Recovered $9.8million Cash From Ex-NNPC GMD Andrew Yakubu

How EFCC Recovered $9.8million Cash From Ex-NNPC GMD Andrew Yakubu

45
SHARE

A special operation conducted by operatives of the Economic and Financial Crimes Commission on 3rd February, 2017 on a building belonging to a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Andrew Yakubu in Kaduna yielded the recovery of a staggering sum of $9,772,800 (Nine Million, Seven Hundred and Seven Two Thousand, Eight Hundred United States Dollars) and another sum of £74,000 (Seventy Four Thousand Pound Sterling) cash.

The 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.

READ ALSO:
‘My Nigerian Boyfriend Planted Cocaine in My Bag’ – Russian Woman Facing The death Penalty

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).

READ ALSO:
Baby Born By A Mentally Deranged Woman Named After Ondo First Lady

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.

Credit: SAHARA REPORTERS


Loading...

45 COMMENTS

  1. Nice job EFCC it seems you guys need to awarded for this great job The Nigeria national petroleum co-operation is the main source where Nigeria problem is coming out from the new appointed one will be afraid to do such act.

  2. That money is too much for him to have it in his house… Why did he refuse to deposit such amount of money into his bank acct? Except he got the money illegally. Thank God the EFCC was able to get hold of the money…

  3. Wow. This man is damn rich to an extent of having it inside his building. What happened to his bank acct? Why not take it to the bank if u know u got the money in a legal way. Sha, nemesis has caught up wih him

  4. Hausa mumu ehh!! Look at dere place under develop wicked people there big men can even help dere beggers

  5. I just dey observe this epic story from the fence as I dey imagine how the Thunder wey go fire all this people that are taking our money….

  6. Can u see what it happening in.our country,one person stole Money that belong to entire Nation.God will visit u and your family in.a Surprise way ,u will not forget till u die.

  7. Abeg what has Housa got to do with this ?. we should stop being bias here pls. Did the man share the money to housas.

  8. Look at his name wel bf u g say hausa man who told una say all d pple wey dey north na hausa, cm and see diff tribes some i hav nver had.

  9. Our fellow citizen is bursted, the money recovered. Glory to GOD and kudos to EFCC. Now… Where goes the money? And like other huge sum recovered, who accounts for them? People be wise… Some people use legal means to steal illegal funds ooo.

    • Sir, calling this man thief, na understatement o! This one pass thief o… He even big pass Armed robber. This one na real ” ARMY ROBBER”. Una go soon hear of another one o coz Nigerian leaders have infested the entire country with robbery.

  10. These is the same criminal Jonathan sacked and APC were agitating why he was removed. These money is a state budget for a year.

  11. this is their hand work letter they well say change begine with poor man on the street while they are the one steal million of thousand tell me how much will the poor man steal that would affect the masses they are the one spoiling this country

  12. I have a problem hmmmmm Andrew yakubu is from south kaduna Hmmmm He served under GEJ hmmmm He must b A PDP friend or member hmmmm And this money was kept in his house all this while, Hmmmm N may b he can not send it to any bank all this while. Hmmmmm Or may b just like those Judges accused of corruption Hmmmm For Him he is guilty bcus he worked with d most corrupt………hmmmmmm

  13. Just imagine the huge amount of money this people are taking for themselves. Hey! I don die ???

LEAVE A REPLY

Please enter your comment!
Please enter your name here