The Economic and Financial Crimes Commission (EFCC) has recovered separate sums of $9,772,800 and £74,000 from former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu.
The cash was recovered from a fire proof safe hidden in a mud-like house belonging to Yakubu in Sabon Tasha, Kaduna state.
According to a statement released by EFCC spokesman, Wilson Uwujaren, the surprise raid of the facility was conducted after the commission received intelligence reports to that effect.
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.
On February 8, 2017, Mr. Yakubu reported to the Commission’s Zonal office in Kano and made a statement in which he admitted ownership of the recovered money, claiming it was a gift from unnamed persons.
According to Uwujaren, Yakubu is currently assisting the investigation.
