......Says $9.8 Million Loot a Gift From Unnamed Persons

The former Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Andrew Yakubu, has admitted ownership of the recovered money of 9.8 million dollars from his home.

The Economic and Financial Crimes Commission (EFCC) said on Friday in Abuja in a statement that Yakubu had reported to the commission’s zonal office in Kano and made the statement claiming the money was gift from unnamed persons.

The commission said that Yakubu, who also admitted that another 74, 000 pounds cash was recovered from him, is currently assisting in the investigation.

Wilson Uwujaren, Head of Media and Publicity of the EFCC, said that a special operation conducted by operatives of the commission on Feb. 3, stormed a building belonging to Yakubu in Kaduna to recover the cash.

He said that the huge cash was hidden in a fire proof safe.

Uwujaren said 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.

He said that 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.

Uwujaren said that when the safe was opened it was discovered that it contained the sum of 9,772,800 dollars and another sum of 74,000 pounds.

The EFCC source said that it was the largest sum of cash the commission had recovered in recent times.

Newsmen recall that Yakubu was arraigned in June 2016 on allegations of money laundering.

He served as GMD of NNPC from 2012 to 2014 during the Goodluck Jonathan administration.

http://www.vanguardngr.com/2017/02/9-8m-gift-unnamed-persons-dr-andrew-yakubu/

Arrrrgh! In this country again?

Live jail thats all l want.

He for deny am.

But wait oo.. wetin go end am, at worst 2 years jail time..

Person wey thief maggi, if not leached, dem go show him face for crime fighter.

Naija which way?

Ok

rich forever

Na lie. He confess under dures. We ipob must protest

I blame GEJ. That ogogoro man was a disaster

How will our economy not collapse with all these stealings? This is one out of many that will still be uncovered. May Almighty God Bless PMB.

Chai



See money

A Whooping 4.9 billion naira.

I fear fear when I went to see a politician and he gave me 100k and I saw standard trust bank. ...

This is why I propose that Another party different from PDP and APC has to come on board.

The present leaders in government are scared PMB may not get to 2019 and sucking us dry.

Even Sony no go pay Davido that kind money as record contract ...

Nawa o

That's how they will leave their region and come down to Niger Delta to plunder every possible oil there.


Splashing the money anyhow.

heyGod and sombody dey find 100naira to chop food

I dont know how somebody can attain the height of "GMD of 'NNPC" and can still be dull enough to stash $9.8 million in cash(physical evidence) in a certain location kai!!! Walahi if i 'launder' money, even forensic auditors from the FBI fraud unit will not be able to trace it

Oleeeeeeeedeee

It is finished

Click like if you agree with me that the solution to Nigerias problem is in its restructing into a confederation or outright dissolution.

Hmmmm

According to some people, it's all propaganda or maybe he confessed under duress.
Chai...you mean nearly $10m?? Kai!

GameGod:
I blame GEJ.

You will surely blame Jonathan for your one-minute performance on bed someday. Mtcheew

Did someone say 9.8m$? How much is the exchange rate again

Jail him straight.

Do not pass GO, do not collect €200, go directly to JAIL.

No arraignment, no taking of pleas & no Court testimony, just straight to jail.

Sunnymatey:
Live jail thats all l want.

LIVE jail; yeah, lika a soccer match.

Thunder fire GEJ,dat idiot will never known peace anywhere he his..

Thunder fire Igbos too..

Bastard!

We have been sitting on a recession time bomb for long unnoticed..

Modified

Just saw the pics of the looted funds on channels news @10 and I am like see enough forex meant for local manufacturers God.. It's over

A great son of Zangon Kataf in Southern Kaduna.

Osanobuwa!

That kind of money hidden in a slum