The Economic and Financial Crimes Commission will on Thursday arraign a former Group Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu.
Yakubu will be arraigned before a Federal High Court in Abuja in connection with the huge sums of money recovered from his house in Kaduna on February 3.
The EFCC had on March 10 filed six charges bordering on fraud and false declaration of assets against him.
The commission had recovered the sum of $9.7m and £74,000 in Yakubu’s country home in Kaduna state.
The commission said he will be arraigned on Thursday before Justice Ahmed Mohammed, who is also the judge hearing the ex-NNPC GMD’s human rights enforcement suit filed against the EFCC.
According to an affidavit filed on his behalf by his lawyer, Ahmed Raji (SAN), in support of the fundamental rights suit, Yakubu had admitted to be the owner of the money but claimed that it was a gift he accumulated over a period of about five years, and not proceeds of crime.
In one of the charges filed against the former NNPC boss, the EFCC accused him of failing to declare the money when he filled his Declaration of Assets form at the the EFCC in 2015.
The anti-graft agency also accused the ex-NNPC boss of receiving huge sums of money without going through a financial institution.
