Close Menu
Chronicle NG
    Trending Stories
    Daniel Bwala said that Peter Obi's success in the 2023 election, where he got over 6.1m votes, was largely due to religious discourse.

    Bwala urges Nigerians to defend themselves against terrorists

    May 20, 2026
    Kano gov Yusuf suspends loan vendors after N1.8bn Illegal salary deductions

    Kano govt announces Sallah break for primary, secondary schools

    May 20, 2026
    The Central Bank of Nigeria (CBN) has instructed banks to complete a mandatory cybersecurity self-assessment within three weeks

    CBN retains 26.5% monetary policy rate

    May 20, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Bwala urges Nigerians to defend themselves against terrorists
    • Kano govt announces Sallah break for primary, secondary schools
    • CBN retains 26.5% monetary policy rate
    • ASUU begins indefinite strike over welfare, agreement breach
    • Dowman makes history as youngest Premier League winner
    • Two-storey building collapses in Anambra
    • AEDC says prepaid meter bonus units are not free
    • Nigeria to face Madagascar, Guinea-Bissau in AFCON 2027 qualifiers
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Wednesday, May 20
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    $9.8m: Ex-NNPC GMD, Andrew Yakubu knows fate

    Chronicle EditorBy Chronicle EditorMarch 28, 2019No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Former NNPC MD sues EFCC, CBN for withholding his $9.8m
    Facebook Twitter WhatsApp
    Andrew Yakubu's might have to forfeit $9.7 million to the Federal Government of Nigeria
    Andrew Yakubu’s might have to forfeit $9.7 million to the Federal Government of Nigeria

    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, who 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 (Nine Million Eight Hundred Thousand Dollars) has a case to answer.

    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, March 27, 2019, 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.

    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.

    READ: CAC registers 3,098,193 companies

    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 grant the prayers for the medical trip. The judge also adjourned till  April 4, 2019, to rule on the ‘no case submission’.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Daniel Bwala said that Peter Obi's success in the 2023 election, where he got over 6.1m votes, was largely due to religious discourse.

    Bwala urges Nigerians to defend themselves against terrorists

    Kano gov Yusuf suspends loan vendors after N1.8bn Illegal salary deductions

    Kano govt announces Sallah break for primary, secondary schools

    The Central Bank of Nigeria (CBN) has instructed banks to complete a mandatory cybersecurity self-assessment within three weeks

    CBN retains 26.5% monetary policy rate

    FG ASUU agreement: 10 key things you need to know

    ASUU begins indefinite strike over welfare, agreement breach

    FILE PHOTO: An aerial view of a collapsed building in Lagos

    Two-storey building collapses in Anambra

    AEDC public announcement explaining that preloaded prepaid meter energy units will be deducted during the next recharge.

    AEDC says prepaid meter bonus units are not free

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Daniel Bwala said that Peter Obi's success in the 2023 election, where he got over 6.1m votes, was largely due to religious discourse.

    Bwala urges Nigerians to defend themselves against terrorists

    May 20, 2026
    Kano gov Yusuf suspends loan vendors after N1.8bn Illegal salary deductions

    Kano govt announces Sallah break for primary, secondary schools

    May 20, 2026
    The Central Bank of Nigeria (CBN) has instructed banks to complete a mandatory cybersecurity self-assessment within three weeks

    CBN retains 26.5% monetary policy rate

    May 20, 2026
    FG ASUU agreement: 10 key things you need to know

    ASUU begins indefinite strike over welfare, agreement breach

    May 20, 2026
    Dowman

    Dowman makes history as youngest Premier League winner

    May 20, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.