Yesterday, $9.8 million cash was uncovered by the EFCC at the Kaduna bunker of former Group Managing Director of NNPC Andrew Yakubu .
According to EFCC
A special operation conducted by operatives of the Economic and
Financial Crimes Commission on 3rd February, 2017 on a building
belonging to a former Group Managing Director of the Nigerian National
Petroleum Corporation (NNPC), Dr. Andrew Yakubu in Kaduna yielded the
recovery of a staggering sum 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 surprise raid of the facility was sequel to an intelligence report
which the commission received about suspected proceeds of crime believed
to be hidden in the slums of Sabon Tasha area of Kaduna.
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,
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).
On February 8, 2017, Andrew Yakubu reported to the Commission’s Zonal
office in Kano and made statements wherein he admitted ownership of the
recovered money, claiming it was gift from unnamed persons. He is
currently assisting the investigation.