A Federal High Court has ordered the temporary freezing of four Jaiz Bank accounts linked to former Nigerian National Petroleum Company (NNPC) Limited chief Mele Kyari amid an Economic and Financial Crimes Commission (EFCC) investigation into alleged fraud.
Justice Emeka Nwite granted the 30-day order on Tuesday after hearing an ex parte application from the EFCC, which had requested a 60-day freeze. The accounts are registered in Kyari’s name and two community organisations, according to court filings.
The EFCC said preliminary findings traced N661 million in suspected illicit funds to the accounts, allegedly laundered through proxies and disguised as NGO activities and book launch payments.
The case was adjourned to 23 September for the commission to provide an update on the probe.
