Former GMD of NNPC, Mr Andrew Yakubu, has forfeited the huge money found in his secret safe in Sabon Tasha, in Kaduna town.
Justice Zainab B. Abubakar of the Federal High Court in Kano today ordered the forfeiture of $9,772,000 and £74,000 recovered from him to the Federal Government (FG).
The order followed an ex-parte application by the EFCC seeking an interim forfeiture of the recovered money to the FG.
The ex-parte application was moved by Salihu Sani, counsel for the EFCC.
In her ruling, Justice Zainab held that the money now in the custody of the EFCC is ‘in the interim forfeited to the Federal Government of Nigeria’.
On February 3, operatives of the Commission had stormed a building in Sabon Tasha Kaduna City, belonging to the former NNPC boss and recovered the loot in a huge fireproof safe.
On February 8, Yakubu reported to the Commission’s Kano office, where he admitted being the owner of both the house and the money recovered.
Yakubu is still in custody assisting the investigation. He was the GMD of NNPC between 2012 and 2014.
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