The Nigerian National Petroleum Corporation (NNPC) has thrown more light on the newly appointed GMD of the corporation, Mr. Mele Kolo Kyari, as well as the six Chief Operating Officers and a Chief Financial Officer. A follow-up release on the new appointments by the NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, informed […]
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The Federal High Court, Abuja, on Wednesday granted Andrew Yakubu, former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) permission to travel abroad for medical treatment. Mr. Yakubu was arraigned by the Economic and Financial Crime Commission (EFCC) on a six-count charge of money laundering and false declaration of asset. At the […]
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The Federal High Court, Abuja, on Tuesday admitted Andrew Yakubu, former Group Managing Director, Nigeria National Petroleum Corporation (NNPC), to N300 million bail with two sureties. Yakubu was arraigned by the Economic and Financial Crimes Commission (EFCC) on six counts bordering on non-disclosure of assets and fraud, charges to which he pleaded not guilty. Yakubu […]
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Mr. Andrew Yakubu, the former managing director of the Nigerian National Petroleum Corporation, whose $9.7million and £74,000 was hidden in a nondescript house in Sabon Tasha in Kaduna city, has launched a move to have the seized money returned to him. Reports have it that Yakubu has filed a petition before a Federal High Court […]
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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 sitting in Kano today ordered the forfeiture to the Federal Government of $9,772,000 and £74,000 recovered from him. The order was sequel to an ex-parte application by the […]
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Mr Ibrahim Magu, Acting Chairman of Economic and Financial Crimes Commission (EFCC), on Thursday told a committee of the House of Representatives that $9.2 million and 750,000 pounds were recovered from a residence in Kaduna state. Although he did not indicate precisely when the raid by EFCC operatives was carried out, NAN has learnt that […]
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