Nigerian agency seizes $10 million from ex-state oil manager
Spokesman Wilson Uwujaren of the Economic and Financial Crimes Commission says intelligence led to a raid last week on the building in northern Kaduna city, where agents uncovered "a staggering sum of 9,772,800 US dollars and another sum of 74,000 pounds sterling cash. "
Nigeria's anti-corruption agency says agents seized nearly USD 10 million from a safe in a slum building belonging to a former manager of the state oil company.
Spokesman Wilson Uwujaren of the Economic and Financial Crimes Commission says intelligence led to a raid last week on the building in northern Kaduna city, where agents uncovered "a staggering sum of 9,772,800 US dollars and another sum of 74,000 pounds sterling cash."
He says the loot was hidden in a fire-proof safe and has been claimed by building owner Andrew Yakubu, who was managing director of the Nigerian National Petroleum Corp. from 2012 to 2014.
Yakubu says the money was gifts from unidentified people, according to today's statement from Uwujaren.
Yakubu already is awaiting trial on charges of money laundering laid last year.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)