ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, July 21, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
Home Crime Watch

BREAKING: EFCC Quizzes Ex-NNPCL Boss Mele Kyari Over Alleged Multi-Billion Naira Fraud

Sources said investigators are examining suspected abuse of office, diversion of funds, and kickbacks from contractors.

by NewsOnline Nigeria
September 10, 2025
in Crime Watch, Headline
0
Mele Kyari

Mele Kyari

 EFCC has reportedly quizzed Ex-NNPCL Boss Mele Kyari over alleged multi-billion naira fraud.

 

NewsOnline Nigeria reports that the immediate past Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, is currently being quizzed by the Economic and Financial Crimes Commission (EFCC) in connection with ongoing investigations into alleged fraud at the state oil firm.

A senior source at the EFCC, who spoke on condition of anonymity, confirmed on Wednesday that Kyari honoured an invitation from the Commission and is presently at its headquarters in Abuja.

EFCC Probe Deepens

The interrogation follows a recent ruling by the Federal High Court, Abuja, which ordered the temporary freezing of four Jaiz Bank accounts linked to Kyari. The accounts are being scrutinized over alleged fraudulent transactions.

ALSO: National Grid Collapses in Nigeria, Power Output Plummets to 1.5MW

Justice Emeka Nwite granted the order after EFCC counsel, Ogechi Ujam, filed an ex-parte motion requesting additional time to conclude investigations.

The probe has already drawn in several top former NNPCL officials, including ex-Chief Financial Officer Umar Isa and former Warri Refinery Managing Director Jimoh Olasunkanmi, over an alleged $7.2 billion fraud tied to refinery rehabilitation projects in Kaduna, Warri, and Port Harcourt.

Sources said investigators are examining suspected abuse of office, diversion of funds, and kickbacks from contractors.

Senate Queries and Financial Discrepancies

The Senate Committee on Public Accounts, chaired by Senator Aliyu Wadada, recently flagged what it described as “mind-boggling discrepancies” running into trillions of naira in NNPCL’s audited financial statements from 2017 to 2023.

The Committee has issued 11 queries to the company’s finance team, with a one-week deadline to respond.

Background

Kyari’s invitation by the EFCC comes months after President Bola Tinubu dissolved the NNPCL board, removing both Kyari and former board chairman Pius Akinyelure.

The Presidency said the restructuring was necessary to restore investor confidence, strengthen local content, drive gas commercialization, and enhance efficiency at the national oil company.

The EFCC investigation remains ongoing, with sources stressing that arraignment of suspects will depend on the outcome of the probe.

Previous Post

Union Bank Faces Uncertain Future as It Scrambles for New Core Investor

Next Post

CBN Launches Nigeria Payments System Vision 2028 to Deepen Digital Finance

Next Post
CBN

CBN Launches Nigeria Payments System Vision 2028 to Deepen Digital Finance

Trending Stories

Mele Kyari

BREAKING: EFCC Quizzes Ex-NNPCL Boss Mele Kyari Over Alleged Multi-Billion Naira Fraud

Adeyemi

PFIPC Scandal: Adeyemi Reveals How Controversial Agency Sought Entry Into Federal Budget

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Balthazar Video Telegram

Direct Link To Watch All Baltasar Engonga 400 Videos With Government Officials Wives

Jass Param Kaur Viral Video

WATCH Jass Param Kaur Viral Video Trending On Twitter, YouTube And Reddit

Latest Corporate Wears For Ladies

Top 20 Latest Corporate Wears For Ladies In Nigeria 2023

Notti Osama Video Footage

WATCH Notti Osama Video Footage Of Death On Tiktok, Twitter, & Reddit

Peter Obi

BREAKING: Court Cancels Peter Obi’s Party, NDC Registration With INEC

Eko Disco

Major Crisis Rocks Eko Disco As Staff Petition ICPC, NERC, EFCC, Vice President Over Fraud

JAMB Past Questions

Download JAMB Past Questions & Answers PDF From 1983 Till Date [All Subjects]

Latest Stories

Gbajabiamila

PFIPC Probe: Gbajabiamila Honours ICPC Invitation, Gives Statement Over Fake Agency

Tinubu

BREAKING: Tinubu Appoints Fayose, 25 others into Federal Government Agencies (FULL LIST)

Financial Goals

How Responsible Borrowing Can Help You Reach Your Financial Goals By Gloria Onosode

Winston Osuchukwu

Three Interdependent Pillars Reshaping African Financial Infrastructure By Winston Osuchukwu

Bello Bodejo

Court Grants Miyetti Allah President Bello Bodejo N2bn Bail in $2.63 Million Money Laundering Case

Adeyemi

PFIPC Scandal: Adeyemi Reveals How Controversial Agency Sought Entry Into Federal Budget

U.S. Aid Suspension

U.S. Aid Suspension: A Wake-Up Call for Nigeria By Festus Edovia

Public Places

Naming Public Places Won’t Solve Nigeria’s Problems By Festus Edovia

Festus Edovia

A Nation Held Hostage by Political Bandits By Festus Edovia

Festus Edovia

Exam Fee Hike: A Heavy Burden on Nigerian Families By Festus Edovia

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria