Connect with us

    Hi, what are you looking for?

    News

    EFCC Grills Former NNPCL Boss Mele Kyari Over Alleged Financial Misconduct

    Economic and Financial Crimes Commission (EFCC) is currently interrogating Mele Kyari, the immediate past Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), over alleged financial irregularities during his tenure.

    Sources within the EFCC confirmed that Kyari is at the commission’s headquarters in Abuja, stating, “He is here with our investigators at the moment.

    This is all I can confirm for now.” The EFCC’s spokesperson, Dele Oyewale, was unavailable for comment at the time of reporting.

    Kyari was invited to clarify financial transactions linked to his leadership at the state-owned oil company, particularly concerning billions of dollars allocated for Nigeria’s struggling refineries.

    He had previously been placed on the EFCC’s watch list in connection with a controversial $7.2 billion refinery turnaround maintenance project.

    In a related development, the Federal High Court in Abuja recently ordered the temporary freezing of four bank accounts allegedly linked to Kyari, pending further investigation into suspected fraud.

    Kyari served as GMD of NNPCL from 2019 until his removal in July 2024. His tenure was marked by notable reforms, including the transformation of the Nigerian National Petroleum Corporation into a limited liability company.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a former two-term Councillor from Ibeju-Lekki Local Government Council in Lagos State over...

    News

    The Chairman of LOPE Media Network, Mmadubugwu Justice Nonso, has joined the global community in celebrating women across the world as part of activities...

    News

    Dimension Data Nigeria has formally executed its N20 billion ($15m) Bond Programme under Dimension Data SPV Funding Plc, following approval from the Securities and...

    News

    Iran’s Assembly of Experts has appointed Mojtaba Khamenei as the country’s new Supreme Leader, succeeding his father, Ali Khamenei, who was killed last week....