Tuesday , September 26 2017
Home / Business / Local Business / $9.7m cash: Return my money to me, Yakubu tells court
Andrew Yakubu

$9.7m cash: Return my money to me, Yakubu tells court

Erstwhile Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Andrew Yakubu, has asked a Federal High Court sitting in Kano to order the Federal Government to return to him, over N3billion that was found in his home in Kaduna.

Yakubu, in a motion on notice with suit number FHC/ICN/CS/24/2017, filed by his lead counsel, Mr. Ahmed Raji, SAN, asked the court to set aside the forfeiture order that granted FG ownership of the money which was discovered by operatives of the Economic and Financial Crimes Commission, EFCC, on February 9.

Specifically, he wants the court to set aside the order and return the $9,772,800 and £74,000,000 which he said belongs to him.

The former NNPC boss insisted that the court lacked the jurisdiction to grant FG ownership of his money. According to him, the court, was bereft of the territorial jurisdiction to entertain the motion that culminated to the forfeiture order since it related to a crime that was alleged committed in Abuja.

According to him, the court, was bereft of the territorial jurisdiction to entertain the motion that culminated to the forfeiture order since it related to a crime that was alleged committed in Abuja.

Raji, SAN, contended that going by section 45 of the Federal High Court Act, an offence should be tried only by a court exercising jurisdiction in the area or place where the offence was committed.

“No aspect of the perceived offence in respect of which the Order of February 13, 2017 was made, was committed within the Kano judicial division of this Honourable Court”, Raji argued.

He further maintained that FG lacked the locus-standi to seek the interim order of the court granted on February 13. “By Section 28 of the EFCC Act, only the commission, i.e. the EFCC has the vires to seek an order for the interim forfeiture of property under the Act.

“The power of this Honourable Court to make interim forfeiture order(s) pursuant to sections 28 & 29 of the Economic and Financial Crimes Commission Act, 2004 (herein after referred to a “EFCC Act”) is applicable ONLY to alleged offences charged under the EFCC Act and not to offences cognizable under any other law. “The ex-parte order of this honourable court dated February 13, 2017, was made in respect of alleged offences under the Independent Corrupt Practices and other Related Offences Commission Act (herein after “ICPC Act”) and not the EFCC Act as prescribed by section 28 & 29 thereof.

“The conditions precedent to the grant of an interim forfeiture order under sections 28 & 29 of the EFCC Act were not complied with by the Applicant (FG) before the Order was made”, he submitted.

Besides, he argued that the combined effect of sections 28 and 29 of the EFCC Act was that a charge alleging infractions against the provisions of the EFCC Act ought to be brought against a suspect before the powers of the court under sections 28 & 29 of the EFCC Act, to order interim forfeiture of property, could be activated.

He insisted that without a formal charge, no prima-facie evidence could be established in order for the provisions of section 28 and 29 of the EFCC Act to be activated. “In the instant case, no charge was brought against the Respondent/Applicant before the provisions of section 28 and 29 of the EFCC Act were activated to grant the ex-parte Order of February 13, 2017”, he stated.

Yakubu was Group Managing Director of the NNPC between 2012 and 2014. He was sacked by the administration of former President Goodluck Jonathan for alleged insubordination and corruption.

EFCC operatives raided his house situated in Sabon Tasha, Kaduna State, following a tip-off by a whistle-blower.

 The agency disclosed that it discovered the sum of $9.7m and £74,000 that Yakubu hid in a fireproof safe inside the house.

Source: http://www.vanguardngr.com/2017/02/give-me-back-my-money-yakubu-tells-court/

Comments

comments

About Charles Igbinidu

Charles Igbinidu is a Public Relations practitioner in Lagos, Nigeria

Check Also

natnuPreneur Farmers enjoy 37.5% and above profit per annum on investment – Adewole

Like Tweet +1 Pin Share WhatsApp It is not enough to help farmers achieve profitability …

8 comments

  1. See Nigerian brand of thieves? He is not saying the money should be returned because it is his legitimately. He wants it returned because the order came from a wrong court!! Can he try that nonsense in China where he will probably be executed for his crimes or in the UK where he will be too ashamed to show his face in public. But then, this is Nigeria. Anything goes!

  2. See Nigerian brand of thieves? He is not saying the money should be returned because it is his legitimately. He wants it returned because the order came from a wrong court!! Can he try that nonsense in China where he will probably be executed for his crimes or in the UK where he will be too ashamed to show his face in public. But then, this is Nigeria. Anything goes!

  3. Isaiah Erhiawarien

    you still get mouth to talk, abeg mak who na cut his leg and hand

  4. Very audacious.

  5. The man may have a very strong legal case. Efcc may have boggled the case

  6. If you earned in naira how can you possibly saved up to that huge amount in dollar. Some thing must be fishing some where

  7. What/which work did you do to earn you this much money? Until you can prove us wrong,you’re a bloody rogue.


  8. Deprecated: Function split() is deprecated in /home/ionigeria/public_html/wp-content/plugins/fb-comments-box-importer/includes/FBCommentsBox.class.inc on line 28

Leave a Reply

Your email address will not be published. Required fields are marked *