A Federal High Court in Abuja has temporarily frozen four Jaiz Bank accounts linked to former NNPC GMD Mele Kyari as part of an EFCC investigation into alleged fraud and money laundering.
A Federal High Court in Abuja has ordered the temporary freezing of four Jaiz Bank accounts connected to former Group Managing Director of the Nigerian National Petroleum Company (NNPC), Mele Kolo Kyari, amid ongoing investigations. Justice Emeka Nwite issued the order on Tuesday, ruling on an ex parte motion filed by the Economic and Financial Crimes Commission (EFCC) through its counsel, Ogechi Ujam.
Although the EFCC requested a 60-day freeze, the judge limited it to 30 days with possible renewal. “I have listened to counsel to the applicant and reviewed the affidavit evidence with the attached exhibits… I find that this application is meritorious and it is hereby granted as prayed,” Justice Nwite stated.
The EFCC alleged the accounts were used for money laundering, abuse of office, and misappropriation of N661,464,601.50. Transactions were reportedly disguised as payments for a book launch and NGO activities. The matter was adjourned to September 23 for an update.
The accounts affected include Mele Kyari’s personal account and three accounts linked to Guwori Community Development and its Flood Relief Foundation.