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Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars - Politics - Nairaland

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Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by kahal29: 7:29pm On Feb 10, 2017
......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/

11 Likes 6 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by SolomonAdeola: 7:33pm On Feb 10, 2017
Arrrrgh! In this country again?

29 Likes 1 Share

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by Sunnymatey(m): 7:35pm On Feb 10, 2017
Live jail thats all l want.

30 Likes 1 Share

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by helinues: 7:37pm On Feb 10, 2017
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?

25 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by kings09(m): 7:39pm On Feb 10, 2017
Ok
Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by casttlebarbz(m): 7:59pm On Feb 10, 2017
rich forever

1 Like

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by hannyjay(f): 8:07pm On Feb 10, 2017
Na lie. He confess under dures. We ipob must protest

93 Likes 5 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by GameGod(m): 8:18pm On Feb 10, 2017
I blame GEJ. That ogogoro man was a disaster embarassed

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.

183 Likes 18 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by brunofarad(m): 8:24pm On Feb 10, 2017
Chai



See money

5 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by Built2last: 8:24pm On Feb 10, 2017
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.

28 Likes 2 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by Nobody: 8:24pm On Feb 10, 2017
grin grin grin grin



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

30 Likes 2 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by DDeliverer(m): 8:25pm On Feb 10, 2017
Nawa o
Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by hotspec(m): 8:26pm On Feb 10, 2017

11 Likes 1 Share

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by BrutalJab: 8:26pm On Feb 10, 2017
That's how they will leave their region and come down to Niger Delta to plunder every possible oil there.


Splashing the money anyhow.

7 Likes 3 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by nairalandfreak(m): 8:26pm On Feb 10, 2017
Barawo

7 Likes 1 Share

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by Emeskhalifa(m): 8:26pm On Feb 10, 2017
heyGod and sombody dey find 100naira to chop food

8 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by soberdrunk(m): 8:26pm On Feb 10, 2017
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 angry angry angry angry

31 Likes 2 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by funmilade4real(m): 8:26pm On Feb 10, 2017
Oleeeeeeeedeee

2 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by bigwig10(m): 8:27pm On Feb 10, 2017
It is finished

4 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by ChetaNwaeze: 8:27pm On Feb 10, 2017
Click like if you agree with me that the solution to Nigerias problem is in its restructing into a confederation or outright dissolution.

14 Likes 2 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by MutantMetahuman: 8:27pm On Feb 10, 2017
Hmmmm
Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by Daviddson(m): 8:27pm On Feb 10, 2017
According to some people, it's all propaganda or maybe he confessed under duress. grin
Chai...you mean nearly $10m?? Kai! lipsrsealed

34 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by BrutalJab: 8:27pm On Feb 10, 2017
GameGod:
I blame GEJ.

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

18 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by berildan(m): 8:28pm On Feb 10, 2017
Did someone say 9.8m$? How much is the exchange rate again shocked shocked

2 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by luvinhubby(m): 8:28pm On Feb 10, 2017
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.

13 Likes 2 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by NovusHomo(m): 8:28pm On Feb 10, 2017
Sunnymatey:
Live jail thats all l want.

LIVE jail; yeah, lika a soccer match. grin grin

8 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by vecman22(m): 8:28pm On Feb 10, 2017
Thunder fire GEJ,dat idiot will never known peace anywhere he his..

Thunder fire ipobs too..

49 Likes 2 Shares

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by Trone: 8:28pm On Feb 10, 2017
Bastard!

2 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by TeamSimple(m): 8:28pm On Feb 10, 2017
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 shocked shocked shocked see enough forex meant for local manufacturers God.. It's over

27 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by amnesty7: 8:28pm On Feb 10, 2017
A great son of Zangon Kataf in Southern Kaduna.

9 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by StOla: 8:29pm On Feb 10, 2017
Osanobuwa!

5 Likes

Re: Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars by HAH: 8:29pm On Feb 10, 2017
That kind of money hidden in a slum

2 Likes 2 Shares

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