Metro

$9.8M ALLEGED FRAUD: Ex-NNPC GMD Yakubu to know fate, April 4

$9.8M ALLEGED FRAUD: Ex-NNPC GMD Yakubu to know fate, April 4

Justice Ahmed Mohammed of the Federal High Court sitting in Abuja, will on April 4, 2019 decide whether the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) Andrew Yakubu has a case to answer, or not.

Yakubu is being prosecuted by the Economic and Financial Crimes Commission (EFCC), on a six-count charge of non declaration of assets and money laundering to the tune of $9,800,000.

The EFCC had, on February 3, 2017, raided Yakubu’s house, located on Chikun Road, Sabon Tasha area of Kaduna South Local Government Area of Kaduna State, from where the sum of $9,772,800 and £74,000 was recovered.

The judge will also decide on April 1, 2019, whether to allow Yakubu travel for medical trip to United Kingdom (UK).

At the resumed hearing of the case on Wednesday, the defendant, through his counsel, Ahmed Raji (SAN), along with five other colleagues informed the court of a ‘no case submission’ filed on November 6, 2018.

Read also: IPOB member tells court he was administered electric shocks while in DSS custody

Andrew, through his counsel, Raji also applied for foreign medical treatment in the United Kingdom (UK).

But responding, prosecuting counsels led by M.S Abubakar, opposed the application, on the ground that the earlier date scheduled for the medical treatment being March 11, 2019, had elapsed.

The defence counsel argued that the appointment was rescheduled to April 2, 2019. The prosecution counsel, Abubakar said the defense counsel did not provide the court with a valid document or exhibit, to show that the medical appointment was rescheduled for April 2, 2019, and in view of that, Abubakar asked the court not to allow the prayers of the defendant.

Justice Mohammed adjourned to April 1, 2019, for ruling on whether or not to grant the prayers for the medical trip. The judge also adjourned till April 4, 2019, to rule on the ‘no case submission’.

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

Join the conversation

Opinions

About the author

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

Do NOT follow this link or you will be banned from the site!