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

Crime & Corruption

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

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

NEWISSUES, Abuja 

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.

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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.

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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