Andrew Yakubu, former Group Managing Director, of NNPC, has sued the EFCC, the Central Bank of Nigeria, CBN, and another bank for allegedly refusing to release his $9.8 million following a court judgment.
Yakubu brought the claim before Justice Inyang Ekwo of the Federal High Court in Abuja through his counsel, Ahmed Raji (SAN).
The summons was dated and filed on March 8, with the EFCC, CBN, and the bank designated as the first, second, and third defendants, respectively.
On March 31, 2022, Justice Ahmed Mohammed discharged and acquitted ex-NNPC GMD on money laundering charges.
The EFCC failed to establish its case beyond a reasonable doubt, according to Justice Mohammed, but the anti-corruption agency has appealed the decision.
Yakubu, in the suit, asked whether “the court did not become dominus litis of the respective sums of $9,773,200 and £74,000 belonging to” him when the same was put in issue, and in evidence before the court between the Federal Republic of Nigeria v. Engr Andrew Yakubu, and in respect of which judgment was delivered on the 31st of March, 2022.”
He said if the question was answered in the affirmative, he further asked whether the EFCC ought to still have in its custody his seized monies after a sister court gave a judgment in his favor on March 31, 2022.
Yakubu, therefore, asked whether the monies ought not to be released to him forthwith, or paid into an account under the control of the registry of the court, pending the outcome of the appeal lodged by the EFCC against the said judgment.
He sought an order directing the defendants to immediately release the monies to him in view of the court judgment.
Alternatively, he sought an order directing them to immediately transfer the said monies into an account under the control of the FHC chief registrar or into an account to be operated by the chief registrar, the EFCC, and him, pending the determination of the appeal.
EFCC objects
But the EFCC, in a notice of preliminary objection, prayed the court to dismiss Yakubu’s application.
In the motion dated March 20 and filed on April 12 by Faruk Abdullah, the anti-graft agency argued that the suit constituted an abuse of the court process.
It said that the court lacked the jurisdiction to entertain the matter.
The commission said it also relied on the earlier processes filed before the court where it raised jurisdictional issues and urged the court to strike out the entire suit
In the affidavit in support of the motion deposed to by Sambo Mayana, a detective with the commission, EFCC averred that most of Yakubu’s depositions did not reflect the correct position of the case.
It said that an appeal had already been filed.
Besides, it said that there were other appeals arising from the case pending at the Supreme Court, between the Federal Government and Yakubu, and an appeal between Yakubu and FG.
The EFCC argued that while parties were awaiting a date for a hearing at the Supreme Court, Yakubu brought an application before the apex court to direct the commission to deposit the monies in a bank account to be managed by the registry of the Supreme Court.
It said Yakubu, by this present suit, replicated his application at the Supreme Court and sought the same to be determined by this count.
The EFCC urged the court to discountenance Yakubu’s application and uphold its preliminary objection in the interest of justice.
When the matter was mentioned on Thursday, A. A. Usman, who appeared for Yakubu, said they received counter-affidavits from the defendants and he would need time to respond.
The commercial bank’s lawyer, Idaye Imbu, informed that a motion to regularise their processes had been filed and the court granted her prayer after it was not opposed by parties in the suit.
Justice Ekwo adjourned the matter until May 18 for a hearing.
The anti-graft agency had, in 2017, raided the residence of the ex-NNPC boss in Kaduna and found $9,772,800 and 74,000 pounds in a safe.
Yakubu was, however, arraigned on March 16, 2017, on six counts but the trial court struck out counts one and two.
The Court of Appeal also struck out counts five and six and ordered Yakubu to defend himself on counts three and four.
Counts three and four which bordered on failure to make full disclosure of assets, receiving cash without going through a financial institution, and intent to avoid a lawful transaction in alleged violation of Section 1(1) of the Money Laundering Act, 2011 and punishable under Section 16(2)(b) of the Act.
He had pleaded not guilty to all the counts.
