– The controversy surrounding the recent discovery of the Economic and Financial Crimes Commission (EFCC) is still a major topic in the polity
– The EFCC recovered $9.8million in cash from a secret bunker owned by Engineer Andrew Yakubu on Friday, February 3
– Yakubu is a former managing director of the Nigeria National Petroleum Corporation (NNPC)
The controversy surrounding the recent discovery of the Economic and Financial Crimes Commission (EFCC) is yet to fritter away.
The EFCC recovered $9.8million in cash from a secret bunker owned by Engineer Andrew Yakubu on Friday, February 3.
Yakubu, 61, a former managing director of the Nigeria National Petroleum Corporation (NNPC) was relieved of his job by ex-President Goodluck Jonathan in 2014.
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When he was sacked, the Kaduna state chapter of the All Progressives Congress (APC) condemned the removal of Yakubu by the Jonathan government, describing it as an ‘unceremonious removal’.
A report by Premium Times indicates that Yakubu lost his job because he had a major disagreement with then minister of petroleum, Mrs Diezani Alison-Madueke.
The disagreement between the duo was over who to appoint as the Managing Director of Nigerian Petroleum Development Company Limited (NPDC).
Yakubu’s insistence that only someone with technical background was fit to head the NPDC, resulted in a clash of interests with Alison-Madueke, who allegedly engineered his removal by the administration of ex-President Jonathan.
Part of the APC’s statement read: “The unceremonious removal of Yakubu has exposed the contradictions within the PDP political family in which godfatherism and negative political backstabbing have taken the centre stage against equity, fairness and sense of political decency”.
READ ALSO: Former NNPC GMD, Jide Omokore arrested by EFCC
In a related development, the EFCC has announced the discovery of a property in Lagos worth a whopping $37.5million totalling N11.75bn which allegedly belongs to former oil minister Alison Diezani-Madueke.
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