EFCC seizes $9.8 million from ex-NNPC boss
0
Nigeria’s anti-corruption watchdog has seized $9.8 million in cash from the former head of the state oil company, a spokesman said on Friday, as the government continues to battle endemic corruption, Nasdaq reports.
The Economic and Financial Crimes Commission (EFCC) raided a building belonging to the former head of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, in Kaduna on Feb. 3, Friday’s statement said. Yakubu was group managing director of NNPC from 2012 to 2014, under former president Goodluck Jonathan.
In the house, officials found the cash in U.S. dollars in a fireproof safe, said the statement, adding that Yakubu had reported to the EFCC office in Kano on Feb. 8 and claimed ownership of the money. Yakubu said the money was a gift, but did not say from whom, and is now assisting the investigation, the statement said.
