Spear News
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

    Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

    India’s Textile, Apparel Exports Hit $33.5 Billion

    India’s Textile, Apparel Exports Hit $33.5 Billion

    INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

    INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

    NDLEA Uncovers Three Drug Warehouses in Edo, Seizes 2,596kg Narcotics

    NDLEA Uncovers Three Drug Warehouses in Edo, Seizes 2,596kg Narcotics

    FG Destroys 2,809 Illegal Small Arms, Vows to Curb Proliferation

    FG Destroys 2,809 Illegal Small Arms, Vows to Curb Proliferation

    Tinubu Ends Vacation Early, to Resume Duties Tuesday

    Tinubu Scraps Obasanjo-era Committee on Federal Property Sales, Transfers Powers to AGF

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    How AI Can Transform Nigeria’s Economy – Don

    How AI Can Transform Nigeria’s Economy – Don

    Brain Implant Turns Thoughts into Speech in Near Real-time

    Brain Implant Turns Thoughts into Speech in Near Real-time

    AI Startup Perplexity Confirms Interest to Buy TikTok

    AI Startup Perplexity Confirms Interest to Buy TikTok

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Phyno Releases ‘Na Afa Nna’ Freestyle, Hints at New Album

    Phyno Releases ‘Na Afa Nna’ Freestyle, Hints at New Album

    UEFA Rejects FIFA’s $20 Billion Stake Sale Plan

    UEFA Rejects FIFA’s $20 Billion Stake Sale Plan

    Infantino’s Congratulatory Letter to Argentina Draws Criticism Amid Active FIFA Investigation

    Infantino’s Congratulatory Letter to Argentina Draws Criticism Amid Active FIFA Investigation

    Anthony Joshua Survives Two Knockdowns to Win Dramatic Comeback Fight

    Anthony Joshua Survives Two Knockdowns to Win Dramatic Comeback Fight

    Authorities Probe Alleged Theft at Super Falcons’ Morocco Hotel

    Authorities Probe Alleged Theft at Super Falcons’ Morocco Hotel

    Asake Releases ‘M$NEY’ Concert Film on Spotify

    Asake Releases ‘M$NEY’ Concert Film on Spotify

  • Lifestyle
    • All
    • Food
    • Health
    • Travel
    Omojuwa and Wife Welcome First Child

    Omojuwa and Wife Welcome First Child

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    Raimi Crowned Miss World Nigeria 2025

    Raimi Crowned Miss World Nigeria 2025

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Why I Date Younger Men – Amber Rose

    Why I Date Younger Men – Amber Rose

    Scientists Trace Origin of Water

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Contact Us
  • About Us
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

    Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

    India’s Textile, Apparel Exports Hit $33.5 Billion

    India’s Textile, Apparel Exports Hit $33.5 Billion

    INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

    INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

    NDLEA Uncovers Three Drug Warehouses in Edo, Seizes 2,596kg Narcotics

    NDLEA Uncovers Three Drug Warehouses in Edo, Seizes 2,596kg Narcotics

    FG Destroys 2,809 Illegal Small Arms, Vows to Curb Proliferation

    FG Destroys 2,809 Illegal Small Arms, Vows to Curb Proliferation

    Tinubu Ends Vacation Early, to Resume Duties Tuesday

    Tinubu Scraps Obasanjo-era Committee on Federal Property Sales, Transfers Powers to AGF

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    How AI Can Transform Nigeria’s Economy – Don

    How AI Can Transform Nigeria’s Economy – Don

    Brain Implant Turns Thoughts into Speech in Near Real-time

    Brain Implant Turns Thoughts into Speech in Near Real-time

    AI Startup Perplexity Confirms Interest to Buy TikTok

    AI Startup Perplexity Confirms Interest to Buy TikTok

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Phyno Releases ‘Na Afa Nna’ Freestyle, Hints at New Album

    Phyno Releases ‘Na Afa Nna’ Freestyle, Hints at New Album

    UEFA Rejects FIFA’s $20 Billion Stake Sale Plan

    UEFA Rejects FIFA’s $20 Billion Stake Sale Plan

    Infantino’s Congratulatory Letter to Argentina Draws Criticism Amid Active FIFA Investigation

    Infantino’s Congratulatory Letter to Argentina Draws Criticism Amid Active FIFA Investigation

    Anthony Joshua Survives Two Knockdowns to Win Dramatic Comeback Fight

    Anthony Joshua Survives Two Knockdowns to Win Dramatic Comeback Fight

    Authorities Probe Alleged Theft at Super Falcons’ Morocco Hotel

    Authorities Probe Alleged Theft at Super Falcons’ Morocco Hotel

    Asake Releases ‘M$NEY’ Concert Film on Spotify

    Asake Releases ‘M$NEY’ Concert Film on Spotify

  • Lifestyle
    • All
    • Food
    • Health
    • Travel
    Omojuwa and Wife Welcome First Child

    Omojuwa and Wife Welcome First Child

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    Raimi Crowned Miss World Nigeria 2025

    Raimi Crowned Miss World Nigeria 2025

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Why I Date Younger Men – Amber Rose

    Why I Date Younger Men – Amber Rose

    Scientists Trace Origin of Water

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Contact Us
  • About Us
  • Privacy Policy
No Result
View All Result
Spear News
No Result
View All Result
Try out Batiwifi today Try out Batiwifi today Try out Batiwifi today
ADVERTISEMENT
Home News

Alleged Money Laundering: Judge Transfers EFCC’s Case Against Ex-NNPCL GMD Mele Kyari For Reassignment

Nathaniel irobi by Nathaniel irobi
September 23, 2025
in News
Alleged Money Laundering: Judge Transfers EFCC’s Case Against Ex-NNPCL GMD Mele Kyari For Reassignment
Share on FacebookShare on Twitter

Justice Emeka Nwite of the Federal High Court, Abuja Division, has transferred the Economic and Financial Crimes Commission (EFCC’s) case file in the alleged money laundering against Mr Mele Kyari to the registry for reassignment.

Mr Kyari is the immediate-past Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL).

Justice Nwite, on August 19, fixed today (September 23) for a report of compliance following an order allowing the anti-graft agency to temporarily freeze four Jaiz Bank accounts linked to Mr Kyari.

The EFCC, through its lawyer, Ogechi Ujam, had, in the last adjourned date, told Justice Nwite, who was a vacation judge, that investigations were ongoing on the matter and that the commission would need some time to conclude its findings.

Related ArticlesPosts

$2.53m Terrorism Financing: EFCC Moves Against Miyetti Allah

Ruling on EFCC’s Motion Seeking Forfeiture of Ex-power Minister Mamman’s Five Extra Property Fixed For July 2

Ms Ujam made the application through an ex-parte motion she moved to the effect.

Justice Nwite, after granting the request, fixed today for a report.

However, the suit, marked: FHC/ABJ/CS/1641/2025, which was on number 10 on Tuesday’s cause list, was not heard by the court.

Besides, no lawyer appeared for the case.

Although two judgements and two rulings were among the five matters Justice Nwite took today, other cases were adjourned.

The commission’s casefile titled, “In the Matter of An Application by the Executive Chairman of EFCC” with suit number: FHC/ABJ/CS/1641/2025, had been transferred to the registry for reassignment, having been one of the vacation cases heard by the judge.

The Chief Judge, Justice John Tsoho, in his discretionary power, may transfer the casefile back to Justice Nwite or reassign the matter to another judge.

Recall that the FHC ‘s vacation, which commenced on July 28, ended on September 16.

The EFCC had, in the motion ex-parte marked: FHC/ABJ/CS/1641, dated August 8 but filed August 11, prayed the court for an order freezing the bank accounts stated in the schedule.

It said the accounts are owned by the suspect (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.”

It said the accounts include: Jaiz Bank account number: 0017922724 with account name: Mele Kyari; Jaiz Bank account number: 0018575055 with account name: Guwori Community Dev. Fnd and Jaiz Bank account number: 0018575141 with account name: Guwori Community Development Foundation Flood Relief, etc.

The anti-graft agency said the application was brought on three grounds.

It argued that the bank accounts in respect of seeking the reliefs were subject matters of investigation by the commission in relation to misappropriation of funds and criminal breach of trust.

It also said that the preliminary investigation conducted thus far revealed that the bank accounts were linked to the suspect who took advantage of the complainant to be a contract facilitator and laundering proceeds of unlawful activities.

“That there is need to preserve the funds in the identified bank accounts pending the conclusion of investigation and possible prosecution,” it added

In the affidavit brought with the motion, Amin Abdullahi, an EFCC investigator attached to the Special Investigation (SIS) unit, said the agency received a petition dated April 24 and filed by Guardian of Democracy and Rule of Law against Mr Kyari.

Mr Abdullahi said he was a member of the team assigned to investigate the matter.

“That 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.

The investigator said it also included seeking and receiving corporate details from the Corporate Affairs Commission (CAC) in respect of the corporate bodies that featured in the case; inviting and interviewing persons and representatives of companies and persons who featured in the investigation; amongst other activities.

Mr Abdullahi said the investigation so far carried out revealed the following:

“That N661,464,601.50 (Six hundred and sixty-one million, four hundred and sixty-four thousand, six hundred and one naira fifty kobo) which are suspected to be proceeds of unlawful activities warehoused in four different accounts.

“These funds were traced to the suspect Mele Kolo Kyari, who is the former Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC). The suspect opened various accounts in Jaiz Bank which has been used to receive suspicious inflows from NNPC and various oil companies that have dealings with NNPC.

“The bank records revealed that these accounts are controlled and managed by Mr Kyari through his family members who are acting as fronts. 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).

“The commission has written to Jaiz Bank where the four accounts referred to are domiciled for the hard copies of the comprehensive account details. While responses of the banks are being awaited, the commission has written to post a no-debit instruction on the accounts which will only last for 72 hours. I was informed by M.A Babatunde., 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 for while investigation is ongoing. It is in the interest of justice to grant this application,” the official had deposed.

(NAN)

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
Tags: EFCCMele Kyari
ShareTweetShareShare
Previous Post

Rarara’s European American University Honorary Award Not Fake – Head African Operations

Next Post

President Tinubu Directs Wike to Build 600 New Hostels for Law School in Abuja

Related Posts

Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike
News

Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

India’s Textile, Apparel Exports Hit $33.5 Billion
News

India’s Textile, Apparel Exports Hit $33.5 Billion

INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact
News

INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

Next Post
Tinubu Ends Vacation Early, to Resume Duties Tuesday

President Tinubu Directs Wike to Build 600 New Hostels for Law School in Abuja

Discussion about this post

  • Trending
  • Comments
  • Latest
Appeal Court Reserves Judgement in Akpabio, Natasha’s Appeals

Appeal Court Reserves Judgement in Akpabio, Natasha’s Appeals

Nigeria Has Paid Its 2025 UN Membership Dues in Full – Guterres

Nigeria Has Paid Its 2025 UN Membership Dues in Full – Guterres

Seriki Fulani Arrested as Police Recover Ransom Bag in His Kitchen, Son Escapes Through Bush

Seriki Fulani Arrested as Police Recover Ransom Bag in His Kitchen, Son Escapes Through Bush

BREAKING: Fayose Drops Evidence of N50bn Federal Grant to Makinde; Accuses Oyo Governor of Fund Diversion

BREAKING: Fayose Drops Evidence of N50bn Federal Grant to Makinde; Accuses Oyo Governor of Fund Diversion

El-rufai Holding On for a Better Deal?

El-rufai Holding On for a Better Deal?

Senator Natasha Slams Akpabio with N100b Defamation Suit

Senator Natasha Slams Akpabio with N100b Defamation Suit

Kaduna State Hosts Launch of Free to Shine Campaign to Combat HIV/AIDS, Syphilis, Hepatitis

A New Chapter in Nigeria-UAE Aviation Relations: Keyamo’s Masterstroke at ICAO Symposium

A New Chapter in Nigeria-UAE Aviation Relations: Keyamo’s Masterstroke at ICAO Symposium

Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

India’s Textile, Apparel Exports Hit $33.5 Billion

India’s Textile, Apparel Exports Hit $33.5 Billion

INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

Kano Woman to Die By Hanging For Killing Husband

Kano Woman to Die by Hanging For Killing Husband

Recent News

Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

India’s Textile, Apparel Exports Hit $33.5 Billion

India’s Textile, Apparel Exports Hit $33.5 Billion

INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

Kano Woman to Die By Hanging For Killing Husband

Kano Woman to Die by Hanging For Killing Husband

Spear News

The Spear News – Piercing the Truth
Delivering accurate, in-depth, and unbiased news, The Spear News is committed to uncovering the truth and keeping you informed. Stay ahead with credible journalism that cuts through the noise.

Follow Us

Browse by Category

Recent News

Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

Contractor’s N400 Billion Demand Stalled Completion of Millennium Tower – Wike

India’s Textile, Apparel Exports Hit $33.5 Billion

India’s Textile, Apparel Exports Hit $33.5 Billion

INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

INEC Vows Zero Tolerance for Vote-Buying, Violence as Osun Parties Sign Peace Pact

Kano Woman to Die By Hanging For Killing Husband

Kano Woman to Die by Hanging For Killing Husband

© 2025 The Spear News Nigeria

No Result
View All Result
  • Home
  • News
  • Tech
  • Entertainment
  • Lifestyle
  • Contact Us
  • About Us
  • Privacy Policy

© 2025 The Spear News Nigeria