The charges against him border on fraud and false declaration of assets.
Some operatives of EFCC had stormed a house belonging to the former NNPC boss and recovered the sum of $9.7m and £74,000 stashed in a huge fireproof safe in a slum in Kaduna.
The sums of the foreign currencies amounted to about N3bn.
Yakubu was driven away from the court premises by prison officials around 3.30pm yesterday.
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