During the week, over 3.8billion naira was found in the home of Former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu.

In a report by Channels TV, the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), today explained the alleged source of the over N3.8 billion found in his home.

According to Channels TV, Yakubu said 98% of the $9,772,800 and £74,000 cash recovered from a safe in his house in Kaduna state are gifts from well-wishers.

He also claimed that the remaining two percent is from the savings he made from the estacode he received while in office.