In a major development, the Federal Government has ordered the freezing of four bank accounts allegedly connected to Mallam Mele Kyari, the former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL).
According to reliable sources, the action was taken following ongoing investigations into alleged financial improprieties and questionable transactions linked to the former oil chief during his time in office.
The accounts, spread across multiple commercial banks, are reported to hold significant funds suspected to be proceeds of corruption, though official figures have not yet been disclosed.
A senior government official who spoke under condition of anonymity confirmed the directive, noting that the move is part of President Bola Tinubu’s broader anti-corruption drive aimed at sanitizing Nigeria’s oil and gas sector.
Mallam Kyari, who led the NNPC through its transition into a limited liability company, has faced increasing scrutiny in recent months over contract awards, subsidy payments, and crude oil sales.
While the Federal Government has not yet released an official statement, legal experts suggest that the freezing of accounts may be a precursor to prosecution, asset forfeiture, or both.
This latest action has sparked mixed reactions across the country, with some Nigerians applauding the bold step, while others caution that the process must follow due legal procedure to avoid political witch-hunt allegations.
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