The Economic and Finacial Crimes Commission( EFCC) yesterday finalised plans for the trial of a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Andrew Yakubu, over $9,772,800 slush cash.
Also, the embattled ex-GMD lost his battle for bail yesterday following the obtaining of a court order by the EFCC to remand him in custody pending his arraignment in court.
But the EFCC’s latest investigation revealed that the ex-GMD did not tell hisbrother, Bitrus Yakubu, that he was hiding such a huge sum in a safe in the slums of the Sabon Tasha area of Kaduna.
Detectives were shocked that Bitrus got to know after they discovered the safe.
As at press time, the EFCC has concluded that Bitrus will not be prosecuted under any guise.