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Former GMD NNPC admits ownership of recovered $9.8m

The former Group Managing Director, Nigerian National Petroleum Corporation, Dr Andrew Yakubu, has admitted ownership of the recovered money of $9.8m from his home.

The Economic and Financial Crimes Commission on Friday said that Yakubu had reported to the commission’s zonal office in Kano and made the statement claiming the money was gift from unnamed persons.

The commission said that Yakubu, who also admitted that another £74, 000 cash was recovered from him, is currently assisting in the investigation.

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