Justice Emeka Nwite Explains Why EFCC Was Granted Order to Freeze Ex-NNPC Boss Mele Kyari’s Bank Accounts
Justice Emeka Nwite of the Federal High Court in Abuja has provided clarity on the decision to grant an ex parte order requested by the Economic and Financial Crimes Commission (EFCC), which allows the agency to freeze multiple bank accounts linked to Mele Kyari, the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL).
This legal development represents a significant turn in what is quickly becoming a high-profile investigation into alleged financial misconduct during Kyari’s leadership at the state-owned oil corporation.
Why the EFCC Moved to Freeze Accounts linked to Mele Kyari
On Tuesday, Justice Nwite approved the EFCC’s application to freeze funds amounting to ₦661,464,601.50 spread across three separate accounts held at Jaiz Bank. These accounts are reportedly registered in the names of:
- Mele Kyari (personal account),
- Guwori Community Development Foundation, and
- Guwori Community Development Foundation Flood Relief Account.
According to the EFCC, these accounts are now under temporary freeze, pending the outcome of an active investigation into alleged financial irregularities involving Kyari.
Legal Justification Behind the Freeze Order
EFCC’s counsel, Ogechi Ujam, presented the case under suit number FHC/ABJ/CS/1641, arguing that placing a freeze on the accounts was a necessary step to preserve potential evidence and prevent the dissipation of funds while investigations continue.
In his ruling, Justice Nwite said:
“I have listened to counsel to the applicant and gone through the affidavit evidence with the exhibits and written address attached in support. I find that this application is meritorious, and it is hereby granted as prayed.”
The court has set September 23, 2025, as the date for hearing arguments related to the true ownership and control of the frozen accounts.
Context: Kyari’s Removal and Alleged Financial Scandals
Mele Kyari was relieved of his duties in April 2025 by President Bola Ahmed Tinubu, amidst growing scrutiny over financial practices within NNPCL during his tenure. He was succeeded by Bayo Ojulari, who now serves as the current Group CEO.
Following Kyari’s dismissal, several allegations began to surface, including claims of financial mismanagement, questionable contracts, and diversion of public funds. Although these claims remain under investigation, Kyari has consistently denied all wrongdoing, insisting that his tenure was marked by transparency and accountability.
What Happens Next?
As legal proceedings unfold, both the EFCC and the judiciary appear focused on ensuring due process, while public interest in the matter continues to grow. The case could have far-reaching implications not only for Kyari but also for the broader discussion around corruption in Nigeria’s oil sector.
With the hearing scheduled for September 23, more revelations may emerge, shedding light on whether the funds in question were lawfully acquired or tied to illicit financial activity.
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