Court dismisses ex-NNPC GMD’s bid to recover forfeited $9m


A Federal High Court sitting in Kano on Wednesday dismissed an application filed by a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, to recover $9.8m forfeited to the federal Government in February.

The Economic and Financial Crimes Commission (EFCC) discovered the $9.8 million during raids on the ex- NNPC chief’s house in January.

Yakubu had filed the application in a bid to overturn the interim order of forfeiture of the fund granted the EFCC in February.


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