The Economic Finance and Crime Commission (EFCC) says it recovered a staggering N9,846,800 from a building during a special operation conducted by its operatives on Feb. 3 in Kaduna.
The anti-graft commission, which made the revelation in a statement posted on its official website on Friday alleged that the building and the collosal money belong to a former Group Managing Director of the NNPC, Dr. Yakubu Andrew.
The statement read in part:
“A special operation conducted by operatives of the Economic and Financial Crimes Commission on Feb. 3, on a building belonging to a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Andrew Yakubu in Kaduna yielded the recovery of a staggering sum of $9,772,800 and another sum of £74,000 cash.
“The huge cash was hidden in a fire proof safe.
How The Money Was Recovered….
“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, Yakubu.
“When the safe was opened it was discovered that it contained the sum of $9,772,800 and another sum of £74,000.
“On Feb. 8, Yakubu reported to the Commission’s Zonal office in Kano and made statement wherein he admitted ownership of the recovered money,” the commission stated.
The former NNPC boss reportedly claimed it was gift from unnamed persons.
He is currently assisting the investigation.
The Renaissance reports that many people have been commenting on the staggering revelations on the EFCC’s official Facebook account.
Below are some of the reactions, unedited as posted on the EFCC’s Facebook.