A Federal High Court sitting in Kano
presided over by Justice Zainab B.
Abubakar today ordered the forfeiture of the sum of $9,772,00 (Nine Million,
Seven Hundred and Seventy Two Thousand United States Dollars ) and
£74,000 (Seventy Four Thousand Pound Sterling) recovered from a former
Group Managing Director of the Nigerian National Petroleum Corporation, NNPC,
Mr. Andrew Yakubu to the Federal Government.
The order was sequel to an ex parte
application by the EFCC seeking an interim forfeiture of the recovered money to
the Federal Government.
The ex parte application was moved by
Salihu Sani, counsel for the applicant.
In her ruling, Justice Zainab held “That
the sum of $9,772,000 (Nine Million, Seven Hundred and Seventy Two Thousand
United States Dollars) and £74,000 (Seventy Four Thousand Pound Sterling) which
are now in the custody of the applicant (EFCC) are in the interim forfeited to
the Federal Government of Nigeria”
It would be recalled that, on the 3rd
day of February, 2017, operatives of the Commission had stormed a building
belonging to the former NNPC boss and recovered a staggering sum of $9,772,000
(Nine Million, Seven Hundred and Seventy Two Thousand United States Dollars)
and £74,000 (Seventy Four Thousand Pound Sterling) stashed in a huge fire proof
safe. On February 8, 2017, Yakubu reported to the Commission’s Kano Zonal
Office where he admitted being the owner of both the house and the money
recovered.
Yakubu is still in custody assisting the
investigation.
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