A Federal High Court (FHC), Abuja has ordered the Economic and Financial Crimes Commission (EFCC) and Central Bank of Nigeria (CBN) to immediately transfer the sums of $9.8 million and £74,000 recovered from Andrew Yakubu, former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) to an account under the control of the chief registrar of the court.
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Yakubu, through his counsel, Ahmed Raji, SAN, filed the suit before Justice Inyang Ekwo of a Federal High Court, Abuja.
Justice Ahmed Mohammed, in a ruling, held that though the court had discretionary power to do so, granting the request after the prosecution and the defence had closed their case would inhibit the defendant’s right to fair hearing.
Yakubu also refuted the allegations that some of the money was given to him by Kola Aluko and Jide Omokore
Justice Ahmed Mohammed, in a ruling, dismissed the application on the grounds that Yakubu was not the maker of the exhibits and as such, he could not be cross-examined based on those documents.
The EFCC counsel, Farouk Abdullah, made the request during a sitting presided over by the trial Judge, Justice Ahmed Mohammed.
Justice Ahmed Mohammed dismissed the request on the grounds that the application lacked merit.
Counsel to the EFCC, Mohammed Abubakar, while moving a motion filed on November 17, 2020 before Justice Ahmed Mohammed, also urged the court to conduct proceedings in the premises of the bank during the inspection of the money.
Justice Ahmed Mohammed, in a ruling, held that the motion was inadmissible because the Economics and Financial Crimes Commission was unable to bring to the court its certified true copy.
Justice Ahmed Mohammed, in a ruling, sustained the objection raised by Ahmed Raji, SAN, counsel for Yakubu.
Yakubu, who stated this through his lawyer, Ahmed Raji (SAN), before Justice Ahmed Mohammed of the Federal High Court, Abuja, said Exhibit J, which the EFCC’s lawyer, Mohammed Abubakar, planned to take him on was irrelevant to the case at hand.
The Federal High Court, Abuja on Thursday told the former Group Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu, that he had a case to answer in his ongoing trial.
The Federal High Court, Abuja, has fixed May 16, for ruling on the no case submission entered by Andrew Yakubu, former Group Managing Director of the Nigerian National Petroleum Corporation in relation to his trial.
When the matter was called up, the prosecuting counsel, Ben Ikani, told the court that the matter was for continuation of trial, but that unfortunately, his witnesses were not present in court.
Yakubu, who was the former Group Managing Director of the Nigeria National Petroleum Corporation, was arraigned by Economic and Financial Crimes Commission on a six-count charge of money laundering and false asset declaration
The money was recovered by the Economic and Financial Crimes Commission from Yakubu’s house at Sabon Tasha area of Kaduna on February 9
This followed an application by Adeola Adedipe, Yakubu’s counsel, to withdraw the suit
Yakubu was arraigned by the Economic and Financial Crimes Commission on six counts bordering on non-disclosure of assets and fraud, charges to which he pleaded not guilty
Ahmed equally challenged the conditions under which Yakubu is being detained
Yakubu’s journey to the dock started on February 3, 2017 when operatives of the EFCC stormed a building belonging to the former NNPC boss and recovered a staggering sum of $9.772 million stashed in a huge fire proof safe