The Economic and Financial Crimes Commission (EFCC) on Thursday urged the Federal High Court, Abuja to visit the Kano branch of the Central Bank of Nigeria (CBN) to inspect the money seized from the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu.
Counsel to the EFCC Mohammed Abubakar while moving a motion filed on November 17, 2020, before Justice Ahmed Mohammed, also urged the court to conduct proceedings in the premises of the bank during the inspection of the money.
The agency had in 2017 raided the house of Mr Yakubu in Kaduna State and found 9, 772, 800 dollars (9.7 million dollars) and 74, 000 pounds in a safe.
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Moving the motion, Abubakar said the money formed the subject of counts three and four in the money laundering charge on which Yabuku is being tried before the court.
The lawyer said the EFCC kept the money in the custody of the CBN, Kano branch, after its operatives allegedly recovered it from Yakubu’s house.
Ahmed Raji, counsel to Yakubu, while arguing his counter affidavit, urged the court to dismiss the EFCC’s application.
Justice Mohammed adjourned the ruling until February 17.
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