The anti-graft agency has now elaborated on how its operatives stumbled on the $9.8 million loot recovered from Andrew Yakubu, a former Group Managing Director of the Nigerian National Petroleum Corporation.
Earlier report had estimated the loot at $9.2million. But the Commission said it is $9.772,800.
The commission said a special operation conducted by its operatives on 3rd February on a building belonging to Yakubu in Kaduna yielded the staggering sum and another £74,000 (Seventy Four Thousand Pound Sterling) cash.
The surprise raid of the facility was sequel to an intelligence which the commission received about suspected proceeds of crime believed to be hidden in the slums of Sabon Tasha area of Kaduna. Sabon Tasha is a poverty stricken area of the capital.
“When the safe was opened it was discovered that it contained the sum of $9,772,800 (Nine Million, Seven Hundred and Seventy Two Thousand, Eight Hundred United States Dollars) and another sum of £74,000 (Seventy Four Thousand Pound Sterling).
On February 8, 2017, Andrew Yakubu reported to the Commission’s Zonal office in Kano and made statement wherein he admitted ownership of the recovered money, claiming it was gift from unnamed persons. He is currently assisting the investigation.
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