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Court Freezes Four Accounts Linked to Former NNPCL Boss Kyari Over Alleged Fraud

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The Federal High Court in Abuja has directed the temporary freezing of four Jaiz Bank accounts allegedly connected to the former Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, following fraud allegations.

 

Justice Emeka Nwite made the order on Tuesday after counsel for the Economic and Financial Crimes Commission (EFCC), Ogechi Ujam, moved an ex parte motion asking the court to freeze the accounts in the interim pending the conclusion of investigations by the Commission.

The Judge, in his ruling, held that the application was meritorious and accordingly granted same.

“I have listened to the counsel for the applicant and gone through the affidavit evidence with the exhibits and written address attached. I found that this application is meritorious and it is hereby granted as prayed,” the judge held.

Justice Nwite then adjourned till Sept 23 for a report on the matter.

On August 11, 2025, the EFCC filed the motion ex parte before the court to seek an order freezing the bank accounts because the accounts are owned by Kyari, “who is currently being investigated in a case involving the offences of conspiracy, abuse of office and money laundering pending the conclusion of the investigation.”

In the affidavit attached to the ex parte, Amin Abdullahi, an EFCC investigator attached to the Special Investigation Unit, said the commission received and investigated a petition dated April 24 and filed by a group, the Guardian of Democracy and Rule of Law, against Kyari.

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A court gavel

 

He said he was a member of the team assigned to investigate the petition.

“Upon receipt of the petition referred to in Paragraph 4 above, my team carried out several investigation activities which included seeking and obtaining bank records from commercial Banks,” he said.

He said the preliminary investigations found that two of the bank accounts carry the name of Mele Kyari, while the other two have the name of a non-governmental organisation, Guwori Community Development Foundation Flood Relief.

The accounts were listed as: “Jaiz Bank account number: 0017922724 with account name: Mele Kyari; Jaiz Bank account number: 0017922724 with account name: Mele Kyari; Jaiz Bank account number: 0018575055 and Jaiz Bank number: 0018575141 with both account names as Guwori Community Development Foundation Flood Relief.”

The anti-graft agency argued that the bank accounts in respect of which the reliefs are sought are subject matters of investigation by the Commission about misappropriation of funds and criminal breach of trust.

The anti-graft agency also said that the preliminary investigation conducted thus far revealed that the bank accounts are linked to Mr Kyari, who has been using them to receive suspicious inflows from NNPC and various oil companies that have dealings with NNPC.

“That bank records further revealed that these accounts are controlled and managed by Mr Kyari through his family members who are acting as fronts,” he said.

Abdullahi also said the investigation so far carried out revealed “that N661,464,601.50, which are suspected to be proceeds of unlawful activities, were warehoused in four different accounts.

“These funds were traced to Mele Kolo Kyari, who is the former Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC).

“Further investigation revealed that the said transactions in the various accounts were disguised as payments for a purported book launch and activities of a non-governmental organisation (NGO).

“That the Commission has written to Jaiz Bank, where the accounts referred to are domiciled, for the hard copies of the comprehensive account details. While the response of the Bank is being awaited, the Commission has written to post a “no debit” instruction on the accounts, which will only last for 72 hours.

“That I was informed by M.A. Babatunde Esq., learned counsel to the Applicant during official briefing at EFCC Headquarters, and I verily believe him that an order of this honourable court is necessary to freeze the said accounts clearly described in schedule 1 to the motion paper, while investigation is ongoing.

It also said, “That there is a need to preserve the funds in the identified bank accounts pending the conclusion of the investigation and possible prosecution”.

“That it is in the interest of justice to grant this application”.

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US, Iran in counter threats over Strait of Hormuz

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As the stand-off over the Strait of Hormuz continued, following its effective blockade by Iran, the US and the gulf state are trading threats of further destruction of energy and oil infrastructure across the Middle East with US President, Donald Trump, saying Tehran would face possible obliteration of its energy facilities if it failed to reopen the channel within 48 hours.

 

In a swift response, Iran threatened to irreversibly destroy US-linked energy sites across the Middle East if its power plants were targeted.

The 48 hours deadline expires today.

Trump’s ultimatum came hours after two Iranian missiles struck southern Israeli towns of Arad and Dimona, injuring more than 160 people in the most destructive attack since the war began.

This, the Israeli Prime Minister, Benjamin Netanyahu, vowed to retaliate “on all fronts”.

Iran had blocked the vital waterway, which carries a fifth of global crude oil trade in peacetime, as its key leverage in the war.

The standoff has sent crude oil prices soaring, with North Sea Brent crude now trading above $105 a barrel, as long-term consequences for the global economy become an acute concern.

The ultimatum, made just a day after the US president said he was considering winding down military operations after three weeks of war, came as the key oil passage remained effectively closed and thousands more US Marines headed to the Middle East.

Iran’s foreign minister, Abbas Araghchi, said Tehran had imposed restrictions only on vessels from countries involved in attacks against Iran, and would assist others that stayed out of the conflict.

Meanwhile, issuing the threat via  his Truth Social, Trump said that the US would “hit and obliterate various Iran power plants starting with the biggest one first if Tehran did not fully reopen the strait within 48 hours.”

Reinforcing Trump’s threat, US Treasury Secretary, Scott Bessent, said the US may need to “escalate” its attacks against Iran to be able to wind down the war.

Asked on NBC’s “Meet the Press” if Trump was winding down or escalating the war, Bessent said: “They’re not mutually exclusive. Sometimes you have to escalate to de-escalate.”

“This is the only language the Iranians understand,” he argued.

Iran threatens US-linked Gulf energy sites after

In response to Trump’s threat, Iran’s army said it would target energy and desalination infrastructure belonging to the US and the regime in the region, according to the Fars news agency.

In a post on X, speaker of the Iranian parliament, Mohammad-Bagher Ghalibaf,

said that vital infrastructure, energy and oil facilities throughout the region will be considered “legitimate targets” and would be destroyed in an irreversible manner.

“Immediately after the power plants and infrastructure in our country are targeted, the critical infrastructure, energy infrastructure, and oil facilities throughout the region will be considered legitimate targets and will be destroyed in an irreversible manner, and the price of oil will remain high for a long time,” Ghalibaf said.

Similarly, Iran’s Islamic Revolutionary Guard Corps (IRGC) intelligence unit in a post on X published by the IRGC affiliated Fars News Agency, said that it is thinking “beyond just the region”.

The post explained that this referred to a “red target bank” of technological and political targets in response to threats against power plants, suggesting that action could be taken “in less than 48 hours”.

The post also lists several achievements the IRGC claimed to have made during the war, including what it described as the “consolidation of power in the Strait,” and “control of global energy.”

To completely shut down the strait

Besides the threats of targeting energy infrastructure across the region,  Iran’s military also threatened to completely shut down the strategic Strait of Hormuz if Trump acts on threats to target the country’s power plants.

“If the United States’ threats regarding Iran’s power plants are carried out… the Strait of Hormuz will be completely closed, and it will not be reopened until our destroyed power plants are rebuilt,” the military’s operational command, Khatam Al-Anbiya, said in a statement carried by state TV.

The military said it would also strike Israel’s “power plants, energy, and information and communications technology (ICT) infrastructure”, along with power plants in regional countries hosting US bases and companies with US shareholders.

It added that the measures will be taken “to defend our country and the interests of our nation”.

Iran charges $2m from ships passing through Strait of Hormuz – Iranian MP

BBC quoted Iranian Member of Parliament, Alaeddin Boroujrrdi, as saying on state TV that some of the ships that pass through the Strait of Hormuz were being charged “ a $2 (£1.5) million fee” by Iran.

He said that a “new governing regime” was being imposed in the Strait claiming that “war has costs”. According to him, the closure of the Strait shows the “authority and right that the Islamic Republic of Iran possesses”.

Iran’s deadly strikes on southern Israel injures 160

Meanwhile, retaliating against Israel’s strike on its Natanz nuclear facility, Iran struck southern Israel towns of Arad and Dimona, injuring more than 160 people in the most destructive attack since the war began. The Israel prime minister, Benjamin Netanyahu, vowed to retaliate “on all fronts”

The strikes, which slipped through Israel’s missile defence systems, tore open the facades of residential buildings and carved craters into the ground.

First responders said 84 people were injured in the town of Arad, 10 of them seriously. Hours earlier, 33 were wounded in nearby Dimona, where AFPTV footage showed a large hole gouged into the ground next to piles of rubble and twisted metal.

Dimona hosts a facility widely believed to be the site of the Middle East’s only nuclear arsenal, although Israel has never admitted to possessing nuclear weapons.

The Israeli army told Agence France-Presse there had been a direct missile hit on a building in Dimona, with casualties reported at multiple sites, including a 10-year-old boy in serious condition with shrapnel wounds.

Iran said the targeting of Dimona was retaliation for Israeli strikes on its Natanz nuclear facility, with the IRGC saying forces also targeted other southern Israeli towns as well as military sites in Kuwait and the UAE.

After the Natanz attack, the UN nuclear watchdog chief, Rafael Grossi, reiterated his call for “military restraint to avoid any risk of a nuclear accident”.

The Natanz facility hosts underground centrifuges used to enrich uranium for Iran’s disputed nuclear programme; it sustained damage in the June 2025 war.

The Israeli military denied it was behind the Natanz strike, but said it had struck a facility at a Tehran university that it claimed was being used to develop nuclear weapon components for Iran’s ballistic missile programme.

Attacks on nuclear sites create escalating threat to public health, WHO chief warns

The Iran war has reached a “perilous stage” as both sides target nuclear facilities, the Director-General of the World Health Organisation, Tedros Adhanom Ghebreyesus, has warned.

Ghebreyesus cited reports about Israel striking the Natanz enrichment complex in Iran, and retaliatory Iranian attacks on the Israeli city of Dimona, where a nuclear facility is located.

Ghebreyesus said the International Atomic Energy Agency was looking into both attacks.

“No indications of abnormal or increased off-site radiation levels have been reported,” he said in a post on X.

But he added: “Attacks targeting nuclear sites create an escalating threat to public health and environmental safety.

“Since the outbreak of hostilities, WHO has provided critical training to its own staff and UN personnel across 13 countries to help them respond effectively to public health threats in the event of a nuclear incident.

“I urgently call on all parties to exercise maximum military restraint and avoid any actions that could trigger nuclear incidents.

“Peace is the best medicine.”

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Protest Rocks Egbeda/ Ona-Ara Over Akin Alabi’s 3rd Term Bid

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‎There is palpable tension in Egbeda/Ona-Ara Federal Constituency of Oyo State, as a group of youths staged a protest opposing what they described as an alleged move by Alabi to pursue a third term in the House of Representatives.


‎Alabi, an entrepreneur and author, is currently serving his second term in the 10th National Assembly, representing Egbeda/Ona-Ara. A ranking member of the House, he chairs the Committee on Works. He is also the founder of NairaBET and owner of Lekki United F.C.

‎According to a statement made available to the columng by a journalist Tosin Faleye, protesting youths opposed to his continued representation argued during a street procession, that after completing two terms — amounting to eight years — leadership should rotate to allow fresh representation and new ideas.

‎Placards displayed during the protest carried messages demanding accountability, transparency, and measurable development outcomes. Some demonstrators alleged that infrastructure projects and empowerment initiatives in parts of the constituency have not met expectations.

‎Several residents who spoke during the protest expressed concerns about what they described as limited grassroots engagement and insufficient visibility of constituency projects.

‎Allegations and Counterclaims

‎The development comes amid broader national conversations surrounding lawmakers’ constituency project allocations, particularly following the removal of petrol subsidy.

‎At a media and civil society roundtable organised by the International Press Centre (IPC) in Abuja, House spokesperson Akin Rotimi dismissed claims of increased constituency allocations as false, attributing the reports to political actors dissatisfied with previous electoral outcomes.

‎Separately, comments by Ayodele Asalu had alleged significant increases in funding for lawmakers’ projects. However, official representatives of the House have refuted those claims.

‎Governance Debate Intensifies

‎Critics within Egbeda/Ona-Ara maintain that performance should be assessed based on tangible impact, accessibility, and sustained community engagement. They argue that representation must translate into visible development and consistent communication with constituents.

‎Supporters of Alabi, however, point to his legislative experience and committee leadership as some of the bragging rights that qualifies him for another term of representation.

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Open Defecation: Ogun Orders Gas Stations, Eateries, Builds 200 Public Toilets

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The Ogun state government has directed gas stations , eateries and restaurants located within the state, to henceforth make their restrooms available to the general public for use without hindrance.

Speaking on the moves of government to address the worrisome issue of open defecation in the state, the Ogun State’s Commissioner for the Environment, Dr Ola Oresanya, said to nip the trend it in the bud, government has provided about 10 public toilets on the Ogun state end of the Lagos Ibadan Express road, specifically from Kahra, through Ibafo to Redeemed Church’s third gate.

Explaining that the public toilets are the labelled visible yellow buildings on the corridor, the Commissioner who made the disclosure while speaking on a program on Miliki FM, said, the 10 public toilets on the Ibafo corridor, are part of the newly built 100 public toilets out of 200 planned for the state.

He said the Karra through Ibafo to Sagamu interchange will eventually have 40 with 20 on each side of the road.

As part of efforts to curb open defecation in the state, the Commissioner said meetings have been held with owners of gas stations in the state to always make their toilet available for public use.The directive, he said also affects restaurant operators.In the bid to enforce the directive, which he said is backed by law, the Commissioner disclosed that three recalcitrant gas stations have already been shut for non compliance

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