The Economic and Financial Crimes Commission (EFCC) has directed Mele Kyari, former Group Chief Executive Officer of the Nigerian National Petroleum Corporation (NNPC), to report daily to its Abuja headquarters as it prepares to charge him and others in court.
The investigation focuses on over $2.5 billion allegedly spent on rehabilitating Nigeria’s four refineries, with Kyari and former NNPC officials, as well as contractors, under scrutiny.
The EFCC has restricted some of Kyari’s accounts and is reviewing extensive documents, requiring his daily presence to clarify discrepancies.
Sources indicate that Kyari, granted bail with a daily reporting condition, is in the final stage of interrogation to address gaps in the investigation.
Former refinery MDs/GMs and contractors have also been questioned.The probe centers on $18 billion spent since 2010 on refinery maintenance, including $1.55 billion for Port Harcourt, $740.6 million for Kaduna, and $656.9 million for Warri refineries during Kyari’s tenure.
The Kaduna Refinery and Petro-Chemical Company (KRPC) alone has consumed N2.266 billion over the past decade, with a 2023 contract awarded to Daewoo Engineering for its renovation, targeting 110,000 barrels per day at 60% capacity by early 2024.
A separate 2022 contract for Warri Refinery’s quick-fix repairs was awarded to Daewoo for $497.3 million, distinct from a 2017 contract to Saipem for Warri and Kaduna refineries.
Kyari has claimed transparency, but the EFCC says evidence suggests he and others may face trial, with suspects needing to prove their innocence in court.
The investigation’s conclusion and court dates remain pending.
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