Friday, November 22

EFCC arraigns Former NNPC GMD, others over money laundering

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned former Group Managing Director of the Nigerian National Petroleum Corporation

(NNPC), Mr. Andrew Yakubu and oil magnate, Jide Omokore on a four count charge of money laundering.

 

They were arraigned before Justice Binta Nyako of the Federal High Court sitting in Abuja.

 

Other defendants to the charge are: Victor Briggs, Above Membere and David Mbanefo.

 

The corporate defendants are:  Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concepts Limited.

 

Mr. Yakubu was appointed as NNPC GMD in 2012 by former President Goodluck Jonathan.

 

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