Shocking but it’s true, the country was looted from all angles, Left , right center, as EFCC has released photos of recovered vault of former Group Managing Director of NNPC, Andrew Yakubu. From one of his properties in Kaduna.
The large cash was hidden in a fire proof safe. The surprise raid of the facility was based on an intelligence report 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, Andrew Yakubu reported to the Commission’s Zonal office in Kano and made statements wherein he admitted ownership of the recovered money, claiming it was gift from unnamed persons. He is currently assisting the investigation.