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Yakubu asks court to set aside forfeiture order on seized N3bn

A former Group Managing Director of the Nigerian National Petroleum Corporation, Mr. Andrew Yakubu, has asked the Federal High Court in Kano to set aside the ex parte order of interim forfeiture on the  $9,772,000  and  £74,000 recovered from him.

Justice Zainab B. Abubakar of the  Federal High Court sitting in Kano had on February 13 granted the interim forfeiture order for the money (which amounted to about N3bn) found in the secret safe belonging to Yakubu in Sabon Tasha, in Kaduna.

The order was sequel to an ex-parte application by the Economic and Financial Crimes Commission seeking an interim forfeiture of the recovered money to the Federal Government.

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