NAN: The Economic and Financial Crimes Commission (EFCC) has formally charged Andrew Yakubu, the former group managing director of the Nigerian National Petroleum Corporation, with asset concealment and money laundering.
The six count charge was contained in court papers filed on 9 March at the Federal High Court Abuja.
The EFCC had in February found about $9.8m and 74,000 pounds kept in a run down bungalow in Tabon Tasha in Kaduna. The money belonged to Yakubu.
Despite the national outrage over the discovery, Yakubu is pursuing a case in court against the Economic and Financial Crimes Commission (EFCC), claiming the money was a gift.
