See Pictures Of $9.7 Million Raw Cash Recovered From Former NNPC GMD; You Wont Believe The Kind Of House It Was Found In (Photos)

See Pictures Of $9.7 Million Raw Cash EFCC Recovered From Former NNPC GMD; You Wont Believe The Kind Of House It Was Found In (Photos)

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 led to the recovery of a staggering sum of $9,772,800 and another sum of £74,000 (Seventy Four Thousand Pound Sterling) raw cash.

 

The huge cash was reportedly hidden in a fire proof safe.

The surprise raid on the facility was a sequel to intelligence 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, Andrew Yakubu.

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 statement wherein he admitted ownership of the recovered money, claiming it was a gift from unnamed persons. He is currently assisting the investigation.

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16 Comments

  1. Why struggling with my school project if a man like this can make such huge with less stress. Joining Politics is just the way joor

  2. The man is not a politician,wonder whether we read the stories before we comment. He is a bureaucrat, a former group managing director of NNPC, who rose through the ranks. Nigeria’s main problem as far as corruption is concerned, is and has always been our civil and public servants, to them, corruption is just a way of life. How sad!

    • @Ed, you are right. I was clouded to make believe that every corrupt individual is a politician. I read it but still clouded with the belief

  3. You see…. when can Nigeria be better? These highly placed idiots and their cohort travels to the western world! This is sickness that is affecting Africa privileged. If you must steal, use it to create jobs.

  4. Corruption every where, can you imagine, why dollars & pounds will not appreciate against Naira,The Lord will fight for common man,I rest my case.

  5. We better pray for Buhari quick recovery without him no politician can bring these callous peoples to book not even Obasanjo,because he who want to come to equity must come with a clean hand.

  6. Can you just imagine 1 person with such huge money not naira note dollars n pounds while millions of people are dying everyday…. D money sef dey collect aircon for body y people are suffering in d sun.. U won carry am go heaven ni

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