Abuja Court Freezes Bank Accounts of Former NNPCL Boss Mele Kyari Over Alleged Fraud
Abuja Court Freezes Bank Accounts of Former NNPCL Boss Mele Kyari Over Alleged Fraud
An Abuja Federal High Court has ordered the temporary freezing of four bank accounts linked to Mele Kyari, the immediate-past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL). The order was issued following an ex-parte motion filed by the Economic and Financial Crimes Commission (EFCC).
Key Details of the Court Order and Investigation:
Who is the subject? The court order targets Mele Kyari, who served as the head of the NNPCL (formerly NNPC) until recently.
Why were the accounts frozen? The EFCC, in its application, stated that the accounts are being investigated for suspected "conspiracy, abuse of office, and money laundering." Preliminary findings by the anti-graft agency suggest that over N661 million, believed to be proceeds of unlawful activities, was found in the accounts.
Which accounts are affected? The four accounts are all domiciled at Jaiz Bank. The EFCC alleges that the accounts, while some are in the names of community development foundations, are "controlled and managed" by Mr. Kyari through his family members who are acting as "fronts."
What's next? The court has granted a temporary freeze order, and the case has been adjourned until September 23, 2025, to allow the EFCC to conclude its investigation and provide a progress report.
I'm Aisha shehu
Talksocialtalka News
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