The Economic and Financial Crimes Commission, EFCC, instituted a six-count money laundering charge against former Group Managing Director of the Nigerian National Petroleum Commission, NNPC, Andrew Yakubu.
The EFCC said that the discovery was based on an intelligence report that properties suspected to be proceeds of crime were being warehoused at the former custom boss’ premises.
Yakubu's lawyer, Ahmed Raji, SAN, argued that the alleged crime was committed in Abuja, which is outside the territorial jurisdiction of the court in Kano.
A Federal High Court sitting in Kano presided over by Justice Zainab Abubakar on Monday ordered the forfeiture of the sum of $9,772,000 and £74,000 recovered from a former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu to the federal government.
Former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu claims that the huge amount of dollars and Pound sterling recovered from his house in Kaduna by the Economic and Financial Crimes Commission, EFCC, were gifts.
