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Ex-NNPCL Boss, Mele Kyari Grilled by EFCC Over ₦661 Million Suspicious Funds

The Economic and Financial Crimes Commission (EFCC) has summoned Mele Kyari, the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation Limited (NNPCL), over allegations of financial impropriety during his tenure.

 

Kyari voluntarily reported to the EFCC headquarters in Abuja on Wednesday to answer questions concerning the alleged misappropriation of funds earmarked for the maintenance of Nigeria’s refineries.

 

The probe follows a Federal High Court order in August that temporarily froze four Jaiz Bank accounts linked to Kyari, containing a total of approximately ₦661.4 million. These accounts are suspected to hold proceeds from unlawful activities.

 

Kyari served as NNPCL’s GMD from 2019 until his removal in July 2024 and played a key role in transitioning the corporation into a limited liability company.

 

Despite the ongoing investigation, the EFCC has not issued an official statement regarding the specifics of Kyari’s questioning or detention.

 

The agency has confirmed that the investigation is active but declined to provide further details at this stage.

 

The case has drawn public attention due to Kyari’s high-profile role in Nigeria’s oil sector and the significant funds involved. Observers are watching closely to see the outcome of the EFCC’s probe.

Rachel Akper

Rachel Akper

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