How EFCC recovered $9.8 million from Andrew Yakubu, Ex-NNPC GMD

A special operation conducted by operatives of the Economic and Financial Crimes Commission on February 3 on a building belonging to a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, in Kaduna, yielded the recovery of $9,772,800 (Nine Million, Seven Hundred and Seven Two Thousand, Eight Hundred United States Dollars) and another sum of £74,000 (Seventy Four Thousand Pound Sterling) cash.

The huge cash was hidden in a fire proof safe.

The spokesperson for the EFCC, Wilson Uwujaren, said in a statement that the surprise raid of the facility was sequel to an 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, Mr. Yakubu reported to the Commission’s Zonal office in Kano and made statement wherein he admitted ownership of the recovered money, claiming it was gift from unnamed persons. He is currently assisting the investigation, Mr. Uwujaren said. 

Source: Premium Times

 

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RELEASE NNAMDI KANU OR NIGERIA WILL SUFFER – IPOB BLOWS HOT

The Indigenous People of Biafra, IPOB, has advised the All Progressives Congress, APC-led Federal Government to release its leader, Nnamdi Kanu or Nigeria will be plagued like the Biblical Egypt. Recall that Kanu, who was arrested by operatives of the Department of State Services, DSS, in 2015, has continued to languish in incarceration despite several court rulings ordering his release. However, the pro-Biafra group, in a statement by its spokesperson, Emma Powerful warned that the continued detention of Kanu would spell doom for the country, adding that grave calamity awaited the nation.

Powerful said Nigeria was sitting on a keg of gunpowder, and that what would soon befall the country following the continued detention of its leader would destabilise Nigeria as a nation.

The statement reads: “The Almighty God is angry with the present Nigeria government and their failure to heed for the total release his prophet Mazi Nnamdi Kanu. There is a saying that a Prophet is not recognized in his own land. Nnamdi kanu.

“Mazi Kanu is God sent, but unfortunately a lot of people both at home and in Diaspora saw his moves and determination as divine while a few myopic people in the present Nigerian government see it as a huge joke of the century. Many saw him as another youth seeking for relevance. Many saw him as hungry man who wants to earn a living through defrauding the vulnerable; few people took the messenger and the message serious. The Nigerian state saw him as a rascal that must be tamed. “The Nigerian government cannot stop him; instead those planning to stop him will be doomed forever. The Nigerian nation in their usual way instead of discussing and negotiating took a dangerous path of arrest and detention.

“However looking at the state of affairs in Nigeria since his arrest and detention, one can confidently say that Mazi Kanu is now a Prophet of God, the country has not moved forward.

“Nigeria APC government should not wait like in the case of Pharaoh till the nation receives the last plague before doing the needful. God is not a man that tells lies. Mazi Kanu is divinely sent on a mission and must be seen as such. No harm must befall the prophet of God.” 

(Source: Daily Post)

OZEKHOME CRIES OUT, FAYOSE PAID ME N75M AS LEGAL FEES

Constitutional lawyer and human rights activist, Chief Mike Ozekhome, SAN, has vowed to drag the Economic and Financial Crimes Commission, EFCC, for alleging that N75million found in his frozen bank account was proceeds of crime.

In a statement on Tuesday, Ozekhome, explained that the money which was freezed on the order of Justice Abdulazeez Anka of the Federal High Court in Lagos, was part payment for professional services he rendered to Governor Ayodele Fayose of Ekiti State.

Mike Ozekhome (SAN)He described insinuation by the anti-graft agency that the fund was proceed of money laundering, as “an invidious lie from the pit of hell”.

The statement read: “It is with rude shock and personal sense of consternation that my attention has just been drawn to online publications with numerous calls from Nigerians, that my account containing N75 million domiciled with GTBank has been temporarily frozen, allegedly based on an ex-parte order obtained by the EFCC from the Honourable Justice Abdulazeez Anka of the Federal High Court, Lagos.

“It is alleged that the said sum of N75 million is ‘’suspected’’ to be the proceeds of crime or that it is from money laundering. This is an invidious lie from the pit of hell. “For the records, the N75 million was paid into my account by my client, Governor Ayodele Fayose of Ekiti State, as part payment of Professional Fees for the numerous cases my chambers is currently handling for him (in his personal capacity) and his aides across Nigeria. The money is neither ‘’suspected proceeds of crime’’ nor of money laundering.