$9.7m, £74,000 EFCC seized from me were birthday, naming ceremonies' gifts - Ex-NNPC GMD, Yakubu - Daily Post Nigeria

the Economic and Financial Crimes Commission seized from him, were gifts he received after he left office.Yakubu, who was a GMD at the NNPC between 2012 and 2014, was also accused of failing to disclose the monies in his asset declaration form.However, while giving evidence as the first defence witness, Yakubu said 97 percent to 98 percent of the sum were gifts.“The money was not received in bulk but in tranches of not more than $10,000 and not more than £5,000.

“And it was given to me on the occasions of birthdays, thanksgiving services, weddings of my daughters and other celebrations that I hosted after leaving office,” he said.The case has been adjourned until July 22.

Source: Law Daily Report (lawdailyreport.net)

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