A former Group Managing Director, GMD,
of the state oil firm, the Nigeria National Petroleum Corporation, NNPC,
Andrew Yakubu, was on Thursday, arraigned on a six-count charge of
fraud, at the Federal High Court, Abuja.
The former oil chief, was charged by the
Economic And Financial Crimes Commission, EFCC, after he allegedly
admitted owning over $9.8 million cash, found in a house that also
belongs to him, in Kaduna State
Justice Ahmed Mohammed, then ordered
that he be remanded in Kuje prison, pending the determination of his
bail application, on March 21.On Thursday, he pleaded not guilty to the
charge filed by the EFCC.
Recall, that the All Progressives
Congress, APC, had raised alarm in defence of Yakubu, in 2015, when
former President, Goodluck Jonathan, fired him over allegations of