EX-NNPC boss not charged on 4-count money laundering charges

Kayode Ogundele
Kayode Ogundele
Andrew Yakubu

The former Group Managing Director (GMD), Nigeria National Petroleum Corporation (NNPC) Engr. Andrew Yakubu has not been charged for money laundering, our correspondent can confirm.

Investigations revealed that contrary to reports, the former NNPC boss is been charged on a one count charge of abetting the commission of money laundry

A source that spoke to our correspondent, on the condition of anonymity said “Information obtained from the charge papers filed by the EFCC at the Federal High Court, before Justice Binta Nyako, is that they are being charged on a one count charged bordering on abetting the commission of money laundering and not for money laundering”.

It was gathered that the supposed case is related to a well known alleged money laundering case involving Jide Omokore, Atlantic Energy Drilling Concept and former Minister of Petroleum, Diezani Allison Madueke, which has been in the media since 2014.

The case comes up for hearing on July 4, 2016 at the Federal High Court, Abuja.

“We would like to appeal to our friends in the media to please always verify information of this nature before ging to the press,” the source stated further.

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