A simple infographic has explained better how the whopping sum of N3 billion recovered from a former NNPC MD can benefit the country.
Former NNPC Group Managing Director, Andrew Yakubu
It has been revealed that the whopping sum of $9.8m and 74,000 pounds cash which translates to N3 billion recovered from former NNPC Group Managing Director, Andrew Yakubu can do a lot in the 2017 proposed Budget. An infographic by BuDgit, a Civic technology group has put it better for a clearer understanding.
The money was discovered by operatives of the Economic and Financial Crimes Commission (EFCC) after a raid on Yakubu's home in Kaduna state.
EFCC said a special operation conducted by its operatives on 3rd February on a building belonging to Yakubu in Kaduna yielded the staggering sum and another £74,000 (Seventy Four Thousand Pound Sterling) cash.
Photo via BuDgit
The surprise raid of the facility was sequel to an intelligence which the commission received about suspected proceeds of crime believed to be hidden in the slums of Sabon Tasha area of Kaduna. Sabon Tasha is a poverty stricken area of the capital.
Mr. Yakubu is currently standing trial for corruption and money laundering.