Former NNPCL boss, Kyari granted bail

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The Economic and Financial Crimes Commission, on Wednesday, granted administrative bail to the former group chief executive officer of the Nigerian National Petroleum Company limited, NNPCL. Mele Kyari

Recall that Kyari submitted himself to the anti-graft agency following alleged $7.2 billion dollar fraud during his tenure.

The $7.2 billion missing funds was reportedly meant for maintenance of the country’s refineries.

Kyari was interrogated by EFCC officials as investigation into the alleged misappropriation of fund continues.

Prior to Wednesday, the federal high court sitting in Abuja ordered the temporary freezing of four bank accounts allegedly linked to the former NNPCL boss.

Justice Emeka Nwite gave the order following an ex parte motion filed by the EFCC.

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