COURT CLEARS FORMER GROUP MANAGING DIRECTOR OF NNPC ANDREW YAKUBU OF MONEY LAUNDERING
Written by wave FM on April 1, 2022
Justice AHMED MOHAMED of the Federal High Court in Abuja has discharged and acquitted a former Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), ANDREW YAKUBU, on charges of alleged 9.8million-dollars laundering.
Delivering Judgement, the trial Judge said the prosecution EFCC had failed to prove its case beyond a reasonable doubt to result in the conviction of the former NNPC boss.
The EFCC had, in 2017, found over 9-million-dollars and 74, 000-pouds in a safe at his Kaduna residence after a raid.
Justice MOHAMMED also ordered the refund of the said money lodged in the coffers of the CBN to be returned forthwith.