Crime

Former NNPC Boss Yakuku Claims 98% Of Over N3.8bn Found In His House Are Gifts

Former NNPC GMD Andrew Yakubu has made a shocking claim regarding the source of the over N3.8 billion found in his home.

Yakubu said 98% of the money are gifts from well-wishers while the remaining two percent is from the savings he made from estacode while in office.

The former NNPC boss is standing trial for alleged money laundering offences preferred against him by the EFCC.

Former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, has explained the alleged source of the over N3.8 billion found in his home.

According to Channels TV, Yakubu said 98% of the $9,772,800 and £74,000 cash recovered from a safe in his house in Kaduna state are gifts from well-wishers.

He also claimed that the remaining two percent is from the savings he made from the estacode he received while in office.

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