Skip to main content

Ex-NNPC Boss, Andrew Yakubu, seeks to quash money laundering charges



Ex-NNPC Boss, Andrew Yakubu, seeks to quash money laundering charges
A former Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu, is seeking to quash money laundering charges brought against him by the Economic and Financial Crimes Commission, EFCC, as he files a “no-case” submission before Justice A.R. Mohammed of the Federal High Court, Abuja.

In the no-case submission dated November 6th 2018, and filed through his counsel, Anone Usman, Yakubu aked the court to strike out the charges against him, and discharge and acquit him, arguing that “the evidence led by the prosecution’s seven witnesses did not establish a case” against him, necessitating him to defend himself.

Recall that a special operation conducted by EFCC operatives on 3rd February, 2017 on a building belonging to Yakubu in Kaduna state, yielded the recovery of a staggering sum 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 that was hidden in a fire proof safe.
Ex-NNPC Boss, Andrew Yakubu, seeks to quash money laundering charges
EFCC closed its case against him on October 17th 2018, after calling the seventh witness Suleiman Mohammed, an operative with the Commission, who testified as to how operatives on February 3, 2017 recovered $9,772,000 and £74,000 stashed in a huge fire proof safe in a building belonging to him located at Sabon Tasha area of Kaduna State. The Court also that day admitted in evidence, a 32GB memory card and two mini discs, which contained the recording of the raid. .
.
Yakubu who is facing a six-count charge bordering on money laundering and false declaration of assets, was expected to open his defence on December 5. .
Usman while asking the court for a date to argue its no-case submission said, “We urge the Court to grant us a date for parties to adopt the processes in respect of the application”.
There was no representation from the prosecution during proceedings.
Justice Mohammed, thereafter, adjourned the matter to January 17, 2019 for “adoption of processes and hearing” and directed that “hearing notice be issued on the prosecution

Comments

Popular posts from this blog

John Boyega ends ambassadorial deal with Jo Malone after being cut out of an advert for the Chinese market

  Nigerian-born British actor, John Boyega has ended his ambassadorial deal with London cosmetics brand, Jo Malone, after being cut out of an advert he conceived, directed and starred in for the Chinese market.    Boyega was replaced by Liu Haoran after the commercial was recast and reshot for the Chinese market. The original advert, London Gent, which was released last year featured Boyega walking around Peckham, south London, riding a horse, dancing with friends and hanging out with his family. The original cast was multicultural, while the Chinese remake featured no black cast members.   Reacting to the development which many have described as systemic racism, John Boyega disclosed that it was done without his consent. He added that it will be dealt with swiftly as he "doesn't have time for nonsense."   The actor tweeted;    I have decided to step down as Jo Malone's global ambassador. When I joined the brand as their f...

Fire extinguishers

We supply and maintain Fire extinguishers and other Safety and Security products, call 08036290791

How missing Lagos teenage girl was hidden by neighbour for sex then he joined her parents to search for her

A 14-year-old girl was declared missing by her parents in Lagos, not knowing that she was in a 43-year-old neighbour's room and they were having sex for two days. The incident happened at Suberu Oje Avenue by Casso bus stop in Alagbado, Lagos where they resided. The neighbour, Mr. Olaniyi Lawal, kept her locked inside with him and they had sex during that period.                          Meanwhile, at home, the girl's parents were filled with terror and assumed their daughter had been kidnapped, so they reported to the police. The neighbours, including Mr Lawal, and the police formed search parties to look for the missing girl. Mr Lawal later released the girl to return home after two days and when she got home and was queried by her parents, she told them she was with Mr Lawal and also confessed that they had sex. P.M. Express reports that the girl also confessed to being comfortable at his h...