Unic Press UK: The sum of $9,772,800.00 (₦4.8 billion) and the sum of £74,000.00 (₦44,400,000.00) that was craftily hidden in Kaduna state in a building belonging to a former group managing director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, was unraveled/recovered on 3rd February 2016 after a tip-off, the Economic and Financial Crimes Commission (EFCC) said.
The monies, which was recovered in the Sabon Tasha area of Kaduna, a place that could be described as “slum”, was secured in a fire-proof safe.
$9.77 Million & £74,000.00 was tucked in a fire-proof safe, in a slum in Kaduna state (Image credit EFCC)
The EFCC said:
“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.” (EFCC: 10/02/2017)
Sequel to the loads of cash seized from his house, Andrew Yakubu reported to the EFCC’s zonal office in Kano. He issued a statement accepting ownership of all the monies – the sum of $9,772,800.00 (₦4.8 billion) and the sum of £74,000.00 (₦44,400,000.00) – found in his house, claiming the monies were gifts.
