Andrew Yakubu, a former GMD of NNPC, is taking legal action against the EFCC, CBN, and another bank for not releasing his $9.8 million following a court ruling.
Yakubu, represented by his lawyer Ahmed Raji (SAN), brought a legal case before Justice Inyang Ekwo of a Federal High Court in Abuja.
On March 31, 2022, Justice Ahmed Mohammed set free and cleared the ex-NNPC GMD of accusations of money laundering.
He asked whether the EFCC should still hold onto his money, which includes $9,773,200 and £74,000, after another court ruled in his favor.
Yakubu, in the suit, asked whether “the court did not become dominus litis of the respective sums of $9,773,200 and £74,000 belonging to” him when same was put in issue, and in evidence before the court between Federal Republic of Nigeria v. Engr Andrew Yakubu, and in respect of which judgment was delivered on the 31st of March, 2022.”
He said if the question was answered in the affirmative, he further asked whether the EFCC ought to still have in its custody his seized monies after a sister-court gave a judgment in his favour on March 31, 2022.
Yakubu, therefore, asked whether the monies ought not to be released to him forthwith, or paid into an account under the control of the registry of the court, pending the outcome of the appeal lodged by the EFCC against the said judgment.
He sought an order directing the defendants to immediately release the monies to him in view of the court judgment.
Alternatively, he sought an order directing them to immediately transfer the said monies into an account under the control of the FHC chief registrar or into an account to be operated by the chief registrar, the EFCC and him, pending the determination of the appeal.
