Former NNPC boss remanded in Kuje prison over alleged N3bn fraud
A Federal High Court judge has ordered that former Group Managing Director of NNPC, Mr Andrew Yakubu, be remanded in Kuje Prison.
Yakubu will be in prison until a ruling on his bail application would be heard on March 21.
EFCC had discovered about N3bn in foreign currencies stashed away in a safe at Yakubu’s house in Kaduna.
The ex-NNPC boss, who appeared before the court on Thursday, pleaded not guilty to the six charges levelled against him by EFCC.
The charges against him bordered on fraud and false declaration of assets.
