Nigeria
Nigeria’s anti-corruption watchdog, the Economic and Financial Crimes Commission (EFCC) has found what it described as a ‘staggering’ sum of money from a former head of the country’s oil company.
The EFCC said a special operation by its operatives on February 3, 2017; at a property belonging to Dr Andrew Yakubu yielded a sum of $9,772,800 and another sum of £74,000 in cash.
The monies they added was found in a house located in the northern Kaduna State and was kept in a fire proof safe.
‘‘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),’‘ the EFCC said in a statement on its Facebook page.
The body added that Dr Yakubu who was Group Managing Director of the Nigeria National Petroleum Corporation (NNPC) confirmed to them that the money belonged to him adding that ‘‘it was a gift from unnamed persons.’‘ He was head of the NNPC for two years from 2012.
01:36
South Africa: No arrest imminent for embattled speaker of parliament until April 2
Go to video
Prosecutors allege South Africa's Parliament speaker took $135,000 and a wig in bribes
01:06
A sigh of relief after nearly 300 abducted schoolchildren freed in Nigeria
Go to video
Tinubu suspends public-funded foreign trips by ministers, govt officials
Go to video
South Africa Parliament Speaker's home raided In corruption probe
Go to video
New suspect charged in disappearance of South African girl