4.3 C
New York
Saturday, September 13, 2025
HomeNaija NewsFormer NNPCL boss, Kyari granted bail

Former NNPCL boss, Kyari granted bail

The Economic and Financial Crimes Commission, on Wednesday, granted administrative bail to the former group chief executive officer of the Nigerian National Petroleum Company limited, NNPCL. Mele Kyari

News360 Info recalls that Kyari submitted himself to the anti-graft agency following alleged $7.2 billion dollar fraud during his tenure.

The $7.2 billion missing funds was reportedly meant for maintenance of the country’s refineries.

Advertisements

Kyari was interrogated by EFCC officials as investigation into the alleged misappropriation of fund continues.

Advertisements
Advertisements

Prior to Wednesday, the federal high court sitting in Abuja ordered the temporary freezing of four bank accounts allegedly linked to the former NNPCL boss.

Justice Emeka Nwite gave the order following an ex parte motion filed by the EFCC.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari