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Court grants former NNPC boss Yakubu, N300m bail

A former group managing director of Nigeria’s oil corporation who was accused of fraud has been granted a 300 million Naira bail by an Abuja court.

Andrew Yakubu managed the NNPC under former president Goodluck Jonathan. He was arrested after $9.8 million cash was recovered from his property in Kaduna.

The Federal High Court also asked him to produce two sureties.

Details later.

This post was syndicated from Breaking News, Nigeria News and World News – The Guardian Nigeria. Click here to read the full text on the original website.

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