Ex-NNPC boss Admit's to ownership of $9.8M

The former Group Managing Director of NNPC, Dr Andrew Yakubu, has admitted ownership of the recovered money of 9.8 million dollars from his home.

The EFCC said in a statement in Abuja that Yakubu had reported to the commission’s zonal office in Kano and made the statement claiming that the money was gift.

He however could not name those who gave him the BIG gift.

EFCC head of media, Wilson Uwujaren, said that a special operation conducted by operatives of the agency on Feb. 3, stormed a building belonging to Yakubu in Kaduna to recover the cash.

The huge cash was hidden in a fire proof safe in a local building in Sabon Tasha area of Kaduna.