EFCC Grants Bail to Former NNPCL Boss Mele Kyari

The Economic and Financial Crimes Commission (EFCC) on Wednesday granted administrative bail to the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari.

 

Kyari had earlier submitted himself to the anti-graft agency over allegations of a $7.2 billion fraud said to have occurred during his tenure. The missing funds were reportedly earmarked for the maintenance of Nigeria’s refineries.

 

He was interrogated by EFCC operatives as investigations into the alleged misappropriation continue.

 

Prior to Wednesday’s development, the Federal High Court in Abuja had ordered the temporary freezing of four bank accounts allegedly linked to the former NNPCL boss.

 

Justice Emeka Nwite issued the order after considering an ex parte application filed by the EFCC.

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