Thursday, October 30, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
ADVERTISEMENT
Home CRIME AND COURT

$9.8m Money Laundering: EFCC to Appeal Andrew Yakubu’s Acquittal

Yakubu was arraigned by the Commission in March 2017 following the discovery of $9.8million stashed in his property located in the Sabon Tasha Suburb of Kaduna. He had pleaded not guilty upon arraignment.

Newsroom Nigeria by Newsroom Nigeria
March 31, 2022
in CRIME AND COURT, News
Reading Time: 1 min read
0
SHARES
Share on FacebookShare on Twitter

The Economic and Financial Crimes Commission, EFCC, will appeal the ruling today by Justice Ahmed Mohammed of the Federal High Court, Abuja, quashing the money laundering charges preferred by the Commission against Mr. Andrew Yakubu, a former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC.

Yakubu was arraigned by the Commission in March 2017 following the discovery of $9.8million stashed in his property located in the Sabon Tasha Suburb of Kaduna. He had pleaded not guilty upon arraignment. In the course of trial, the Commission called witnesses and tendered documents in evidence, but the defendant filed a no case submission. Based on the submission, the court struck out two of the six counts. Two further counts were chalked off upon appeal by the defendant while the appellate court ordered his continued trial on the remaining two counts.

Related posts

Nigeria To host IPI Africa Meeting

Nigeria To host IPI Africa Meeting

October 26, 2025
FG CLARIFIES STREAMLINED ADMISSION REQUIREMENTS SAYS ENGLISH AND MATHEMATICS REMAIN COMPULSORY TO REGISTER AND SIT FOR BY ALL O’LEVEL STUDENTS

FG CLARIFIES STREAMLINED ADMISSION REQUIREMENTS SAYS ENGLISH AND MATHEMATICS REMAIN COMPULSORY TO REGISTER AND SIT FOR BY ALL O’LEVEL STUDENTS

October 19, 2025

Delivering judgment today, Justice Mohammed held that the prosecution failed to prove the ingredient of the offence beyond reasonable doubt. He held that the Commission ought to have investigated the defendant’s claims that the monetary gifts he claimed to have received came from his friends, and tender the recovered cash before the court.

Consequently, he discharged and acquitted the defendant.

However the Commission believes the trial judge erred in dismissing the charge and has resolved to test the ruling at the appellate court.

ShareTweetSendShareShare
Previous Post

TRAIN ATTACK: DIA UNCOVERS TERRORISTS CAMPS AS NAF SHELLS KADUNA VILLAGE

Next Post

N3.7BN RAILWAY SECURITY PROPOSAL: WE REJECTED BECAUSE THE COMPANY WAS TO BE PAID UPFRONT – FG

Related Posts

Nigeria To host IPI Africa Meeting
Media and Press

Nigeria To host IPI Africa Meeting

October 26, 2025
FG CLARIFIES STREAMLINED ADMISSION REQUIREMENTS SAYS ENGLISH AND MATHEMATICS REMAIN COMPULSORY TO REGISTER AND SIT FOR BY ALL O’LEVEL STUDENTS
Education/Human Capital

FG CLARIFIES STREAMLINED ADMISSION REQUIREMENTS SAYS ENGLISH AND MATHEMATICS REMAIN COMPULSORY TO REGISTER AND SIT FOR BY ALL O’LEVEL STUDENTS

October 19, 2025
Olukoyede Tasks Media, CSOs on Greater Commitment to Anti-Graft War
Corruption Crusade

Olukoyede Tasks Media, CSOs on Greater Commitment to Anti-Graft War

October 17, 2025
FG, GenCos Finalise Implementation Framework for ₦4 Trillion Presidential Power Sector Debt Reduction Plan
Business and Economy

FG, GenCos Finalise Implementation Framework for ₦4 Trillion Presidential Power Sector Debt Reduction Plan

October 14, 2025
Lagos Speaker Celebrates Seyi Tinubu at 40
News

Lagos Speaker Celebrates Seyi Tinubu at 40

October 13, 2025
COSEG UK, Ireland and Europe Congratulate Seyi Tinubu As He Celebrates 40
News

COSEG UK, Ireland and Europe Congratulate Seyi Tinubu As He Celebrates 40

October 13, 2025
Next Post

N3.7BN RAILWAY SECURITY PROPOSAL: WE REJECTED BECAUSE THE COMPANY WAS TO BE PAID UPFRONT - FG

RECOMMENDED NEWS

ZENITH BANK SET TO COMMENCE N290 BILLION CAPITAL RAISING EXERCISE THROUGH RIGHTS ISSUE AND PUBLIC OFFER

1 year ago
TINUBU EMBARKS ON STATE VISIT TO SAINT LUCIA, ATTENDS BRICS SUMMIT IN BRAZIL

PRESIDENT TINUBU SIGNS INSTRUMENT OF CLEMENCY AND PARDONS, MOVES SECRETARIAT OF PREROGATIVE OF MERCY COMMITTEE TO JUSTICE MINISTRY

1 day ago

WE PRAYED FOR YOUR FATHER AND HE WON; YOU TOO WILL WIN: MAGAJI ARE DECLARES AS HAKEEM LAWAL VISITS FAMILY HOUSE

3 years ago

UNIVERSITY OF ILORIN SHOPS FOR NEW VICE CHANCELLOR

4 years ago

FOLLOW US

ADVERTISEMENT
ADVERTISEMENT

POPULAR NEWS

  • TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

    BREAKING: TINUBU CHANGES SERVICE CHIEFS

    0 shares
    Share 0 Tweet 0
  • We’re Determined to Deliver Port Harcourt Ring Road Project – Governor Fubara

    0 shares
    Share 0 Tweet 0
  • TINUBU TO INEC CHAIRMAN, JOASH AMUPITAN: SERVE WITH INTEGRITY AND BEYOND REPROACH

    0 shares
    Share 0 Tweet 0
  • Group Commends Senate For The Passage of Sexual Offences Bill 2015, Which Prescribes Life Sentence for Rapists

    0 shares
    Share 0 Tweet 0
  • ‎Group Revises Inflation Rate Projection to 14% from 17 Percent for December

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
Newsroom Nigeria

The NEWSROOM NIGERIA is an independent, liberal on – line news platform committed to the right of the individual to pursue his economic happiness, without undue interference of the state. It shall promote the rights of the individual; right to freedom of worship and conscience, and to hold opinions and impact same without hindrance, subject to such laws are as consistent with the constitution and necessary for the protection of the rights of others.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.