PHOTOS: How EFCC Uncovered $9.8million From Residence Of Ex-NNPC GMD Andrew Yakubu

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How EFCC Uncovered $9.8million From Residence Of Ex-NNPC GMD Andrew Yakubu

A special operation conducted by operatives of the Economic and Financial Crimes Commission on February 3 on a building belonging to a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, in Kaduna, yielded the recovery 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 spokesperson for the EFCC, Wilson Uwujaren, said in a statement 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.

EFCC Recovers Billions In Cash In Home Of Ex-NNPC GMD

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.

How EFCC Uncovered $9.8million From Residence Of Ex-NNPC GMD Andrew Yakubu
Operatives of the EFCC counting Andrew Yakubu’s Dollars

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).

How EFCC Uncovered $9.8million From Residence Of Ex-NNPC GMD Andrew Yakubu
The fire proof safe where the money was kept

On February 8, 2017, Mr. Yakubu reported to the Commission’s Zonal office in Kano and made statement wherein he admitted ownership of the recovered money, claiming it was gift from unnamed persons.

The small bungalow in Sabon Tasha where all the money was kept

He is currently assisting the investigation, EFCC spokesman, Wilson Uwujaren said.

Datboyjerry

Datboyjerry

I am but your herald boy in the art of the pen.. An eccentric Environmental Biologist smouldered in the glorious epiphany of online journalism.If you ever find my article unduly insipid, sue me and i’ll refund you...

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