x

Court Clears Ex-NNPC GMD Andrew Yakubu Of $9.8m Money Laundering Charge

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 money laundering.

Mister Yakubu, is facing an alleged $9.8m money laundering charge.

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 Economic and Financial Crimes Commission (EFCC) had, in 2017, found $9,772, 800, and £74, 000 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.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

PANDEF Blasts Wike’s Inflammatory Statements, Demands Retraction

The Pan Niger Delta Forum (PANDEF) has called on...

United States And Terrorism Financing: The Paradox Of Global Security Initiative

By Sheriff Ghali Ibrahim,  AbujaIt is pertinent to trace...

El-rufai opens up on Tinubu’s issue in Chicago University, drugs traffics

*Say's "We were aware", regret supporting Tinubu By Achadu Gabriel,...

Kaduna ECWA DCC retired Pastors, others console family of late Elder Jatau Danladi Bako

Idibia Gabriel, Kaduna A delegation of retired pastors from Kwoi...

USPF Secretary Applauds ITU, UK-FCDO’s partnership on Nigerian rural connectivity

The Secretary of the Universal Service Provision Fund (USPF)...

Police debunks alleged abduction of El-rufai ex-commissioner Jafau

By Achadu Gabriel, KadunaKaduna state police command has debunked...

Governor Yusuf Unveils Dangote’s 1Million Ramadan Food  Programme.

By Jabiru Hassan.   Kano State Governor, Alhaji Abba Kabir...
spot_img

Related Articles

Popular Categories

spot_imgspot_img