Diezani’s alleged loot: EFCC hunts for another ex-GMD of NNPC | Nigeria News Today. Your online Nigerian Newspaper f


The Economic and Financial Crimes Commission( EFCC) is hunting for another former Group Managing Director of the Nigerian National Petroleum Corporation( NNPC) in connection with the ongoing probe of a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

The said ex-GMD was yet to respond to EFCC’s letter of invitation which was sent through NNPC to him.

The anti-graft agency may be forced to watch-list the affected ex-GMD.

The former Minister is under investigation for alleged N23.29billion poll bribery scam; controversial withdrawal of $153m from NNPC accounts; alleged $1.6billion money laundering and oil deals; posh $37.5million assets and plots of land on Banana Island and other choice properties in Nigeria and Dubai.

The ex-GMD is said to be vital to the ongoing probe of Alison-Madueke.

A top source in EFCC said: “We are already looking for another ex-GMD of NNPC. We followed necessary protocol by inviting him through NNPC but he is yet to report for interrogation after many months of acknowledging our invitation.

“We may be forced to watch-list the former GMD which can lead to his extradition from any part of the world.

“This former GMD ought to interact with our detectives on some of the clues already at the disposal of EFCC.

“But the ex-GMD has been relying on one excuse or the other to meet with our team of investigators.”

Responding to a question, the top source said: “We have been able to trace the country where the ex-GMD is at present. We only need to locate where exactly he is staying. The good thing is that we have a Mutual Legal Assistance Treaty with his host country which can hasten his arrest and repatriation.

“The EFCC does not say the former GMD is guilty of any infractions yet. But we want him to return home to respond to some issues on Diezani.”

The EFCC has detained a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Andrew Yakubu’s over alleged slush funds of $9,772,800 and £74,000.

Yakubu, who is in EFCC’s custody in Kano, confirmed that the cash was accumulated gift from unnamed persons.

The anti-graft agency revealed that Yakubu hid the cash in a fire proof safe at his brother’s house in the slums of Sabon Tasha area of Kaduna metropolis.

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  1. Interestingly, Diezani removed Andrew Yakubu as GMD because Andrew did not cooperate with her in her dirty deals. The whole of NNPC knew that. Diezani replaced him with someone more amenable. So whether NE names that person or not, we know it is Andrew's successor that is now wanted by EFCC.

    It seems obvious that Andrew was not used to the kind of money he said he was given. Those used to stealing don't do what he did. They would have invested such money in some edifice somewhere or hidden it in a company, or taken it abroad. He is like a young girl who tries to live a disciplined life, but then gets overcome with passion just once, has sex, and gets pregnant. Meanwhile, girls who choose a wayward lifestyle plan well for it - they never get pregnant!

    1. You are right. As an insider in NNPC I can tell you this: Andrew Yakubu was indeed not used to stealing. Before Diezani removed him as GMD, he had requested to be allowed to retire because he was unwilling to cooperate with Diezani in the looting. But, Diezani is a kind of boss that would not let you leave on your terms - she must fire you. Diezani would not allow Yakubu resign or retire, but waited until she got a replacement for him, and then sacked him. Yakubu's successor cooperated fully with Diezani in the looting, and that is why he (Yakubu's successor) is so crucial to Diezani's investigation.

      You accurately described Yakubu - he was like a girl not used to sleeping around, who suddenly got pregnant. That $10m was indeed a gift, but Yakubu didn't know what to do with it. The real thieves are a lot smarter than that!


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