The Economic and Financial Crimes Commission, EFCC, yesterday slammed a six-count charge on a former Group Managing Director of the NNPC, Andrew Yakubu.
The charge was contained in court papers filed on March 9 at the Federal High Court Abuja.
According to the charge sheet, Yakubu was accused of failing to make full disclosure in his Assests Declaration form of the sums of 9,772 800 dollars and 74,000 pounds contrary to Section 27 (3)(a) of the EFCC act 2004.
He was also accused of receiving a cash payment of the said sums without going through a financial institution thereby committing an offence under the Money Laundering Prohibition Act 2011.
A court in Kano later ordered the forfeiture of the money to the federal government following a motion filed by the anti-graft agency.
However, the former NNPC boss has filed a case in another court in Kano seeking the vacation of the earlier court’s order.
He claimed that the money was proceeds of various gifts given to him while he was working with the NNPC.
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