By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Saturday, Aug 29, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
CorruptionCrime and InvestigationHot NewsNigeria NewsNNPC

Andrew Yakubu battles EFCC for his $9.7m

Chigozie Ekwenye
Last updated: February 20, 2017 6:30 am
By Chigozie Ekwenye
Share
4 Min Read
EFCC charges Ex NNPC GMD Yakubu with fraud over ₦3billion recovered loots
SHARE

Mr. Andrew Yakubu, the former managing director of the Nigerian National Petroleum Corporation, whose ‘gift’ of  $9.7million and  £74,000 was hidden in a nondescript house in Sabon Tasha in Kaduna city, has launched a move to have the  seized money returned to him.

The Vanguard reported that Yakubu has filed a petition before a Federal High Court  in Kano, urging it  to order the Federal Government to return the money valued at N3billion to him. No date for the hearing was reported.

Counting Yakubu dollars e1486736415188
Counting Yakubu Dollars

According to some earlier reports, he told the EFCC that the money was a gift.

The suit was filed on his behalf by  Mr. Ahmed Raji, SAN.

Andrew asked the court to set aside the forfeiture order that granted FG ownership of the money which was discovered by operatives of the Economic and Financial Crimes Commission, EFCC, on February 9.

Specifically, he wants the court to set aside the order and return the $9,772,800 and £74,000,000 which he said belongs to him.

Atiku Vows to Reopen Nigeria’s Borders, Develop Southern Seaports If Elected
I have Evidence to prove Tinubu Is 90 Years Old — Atiku
2027: Tinubu is not an average Politician — Donald Duke warns Opposition
2027: APC Governors will deliver their states for Tinubu — Uzodinma

The former NNPC boss insisted that the court lacked the jurisdiction to grant FG ownership of his money.

According to him, the court  lacks the  jurisdiction to entertain the motion that culminated to the forfeiture order since it related to a crime that was alleged committed in Abuja.

Raji  contended that going by section 45 of the Federal High Court Act, an offence should be tried only by a court exercising jurisdiction in the area or place where the offence was committed.

“No aspect of the perceived offence in respect of which the Order of February 13, 2017 was made, was committed within the Kano judicial division of this Honourable Court”, Raji argued.

He further maintained that FG lacked the locus-standi to seek the interim order of the court granted on February 13.

“By Section 28 of the EFCC Act, only the commission, i.e. the EFCC has the vires to seek an order for the interim forfeiture of property under the Act.

“The power of this Honourable Court to make interim forfeiture order(s) pursuant to sections 28 & 29 of the Economic and Financial Crimes Commission Act, 2004 (herein after referred to a “EFCC Act”) is applicable ONLY to alleged offences charged under the EFCC Act and not to offences cognizable under any other law.

“The ex-parte order of this honourable court dated February 13, 2017, was made in respect of alleged offences under the Independent Corrupt Practices and other Related Offences Commission Act (herein after “ICPC Act”) and not the EFCC Act as prescribed by section 28 & 29 thereof.

“The conditions precedent to the grant of an interim forfeiture order under sections 28 & 29 of the EFCC Act were not complied with by the Applicant (FG) before the Order was made”, he submitted.

Yakubu was Group Managing Director of the NNPC between 2012 and 2014.

He was sacked by the administration of former President Goodluck Jonathan for alleged insubordination and corruption.

Source – Vanguard

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
Previous Article kelechi Pellegrini: I’ll love to work with Iheanacho again
Next Article ibru Michael Ibru’s children fight over estate
Search
– Advertisement –
Latest News
  • Amadi’s Nekede Visit Raises Political Stakes in Owerri Zone August 28, 2026
  • FGGC Owerri Admission: Parents Demand Answers Over 2026 List August 28, 2026
  • Ex-Borno Senator Kaka Mallam Yale dies at 73 August 28, 2026
  • Atiku promises to revive ECOMOG, reintegrate Niger, Mali, Burkina Faso into ECOWAS August 28, 2026
  • Atiku Vows to Reopen Nigeria’s Borders, Develop Southern Seaports If Elected August 28, 2026
  • NYSC Announces September 7 Registration Date for 2026 Batch C August 28, 2026
  • Uganda’s King Oyo, World’s Youngest Monarch, Dies at 34 August 28, 2026
  • I have Evidence to prove Tinubu Is 90 Years Old — Atiku August 28, 2026
  • 2027: Tinubu is not an average Politician — Donald Duke warns Opposition August 28, 2026
  • 2027: APC Governors will deliver their states for Tinubu — Uzodinma August 28, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Screenshot 20260828 141413 1
Latest NewsNigeria News

Atiku Vows to Restore Targeted Fuel Subsidy, Says Nigerians Deserve Economic Relief

August 28, 2026
1787915465681
Crime and Investigation

Troops eliminate 21 Boko Haram/ISWAP terrorists in Adamawa

August 28, 2026
IMG 5671
Nigeria NewsNational

I’ve never Seen this level of Poverty in Nigeria — Fr. Ehusan

August 28, 2026
IMG 5670
Nigeria NewsKaduna

2027: Tinubu will Secure 70–80% of Kaduna votes — Uba Sani

August 28, 2026
IMG 5669
Nigeria NewsNational Security

Nollywood Actor Joseph Momodu enlists in US Army

August 27, 2026
Screenshot 20260827 131810 1
Nigeria News

Drop Ali Modu Sheriff or We Quit, Pro-Tinubu Group Threatens

August 27, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • The Love of God
  • Crime and Investigation
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d