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Justice Zainab orders Ex-NNPC boss, Andrew Yakubu, to forfeit huge cash (N3billion) recovered from his house

Ex-NNPC Boss, Andrew Yakubu

Justice Zainab Abubakar of the Federal High Court in Kano in her ruling yesterday ordered that the $9.8million and £74,000 recovered from the house of former GMD of NNPC, Andrew Yakubu, be forfeited to the Nigerian Government.

“That the sum of $9,772,000 (Nine Million, Seven Hundred and Seventy Two Thousand United States Dollars) and £74,000 (Seventy Four Thousand Pound Sterling) which are now in the custody of the applicant (EFCC) are in the interim forfeited to the Federal Government of Nigeria,” she ordered.

We reported last week how the Economic and Financial Crimes Commission (EFCC) raided the home of Yakubu in Sabon Tasha Kaduna and discovered the huge cash in a safe.

Cash recovered from Ex-NNPC boss, Yakubu

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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When the safe was opened it was discovered that it contained the sum of $9,772,800 and another sum of £74,000.

On February 8, 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, Mr. Wilson Uwujaren, EFCC’s spokesman said.

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