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 The Economic and Financial Crimes Commission is linking another $37.5m property to the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. The exquisite 15-storey building which is located on the highbrow Banana Island in Lagos is the latest on the list of choice properties said to have been acquired by the ex-minister with alleged stolen public funds. It is a massive 18 flat edifice. A reliable EFCC source told The Nation that the ownership of the building was discovered this week in the course of the investigation of the former minister. The source said: “The property Building 3, Block B, is a 15 storey edifice comprising 18 flats and 6 penthouses, Bella Vista at Plot 1, Zone N, Federal Government Layout, Banana Island Layout, Foreshore Estate, Off Onikoyi Road, Ikoyi, Lagos. “The property was acquired by the former minister between 2011 and 2012 at a total cost of $37,500,000USD from the developers, YF Construction Development and Real Estate. “...

Andrew Laah Yakubu (born September 10, 1955) is the former Group Managing Director of the Nigerian National Petroleum Corporation. He was dismissed by ex President Jonathan for insubordination and his inordinate motive of larceny. . He was succeeded by Joseph Dawha in 2014. His honors include the Presidential Merit Award by the Nigerian Society of Chemical Engineers (1997) and the GMD of NNPC Award (1987). He was given the chieftaincy title “Iyan Atyap” by the Atyap Kingdom of Kaduna State in 2004, and he is a full member of the Iyan Council of Chiefs.He is a fellow of the Nigerian Association of Technologist in Engineering and an associate fellow of the Chemical Society of Nigeria. The Economic and Financial Crimes Commission(EFCC) has arrested a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, following the recovery of $9,772,800 and £74,000 cash from him. Mr. Yakubu is being detained in an EFCC facility in Kano, The Nation n...