A Federal High Court in Abuja has ordered the freezing of multiple bank accounts belonging to a former General Manager of the Nigerian National Petroleum Company Limited (NNPC), following allegations of large-scale financial misconduct.
The ruling, delivered on Tuesday, came after an application filed by the Economic and Financial Crimes Commission (EFCC), which accused the ex-official of diverting public funds running into billions of naira during his tenure.
According to the EFCC, preliminary investigations traced suspicious inflows and transfers across several commercial banks linked to the former NNPC official, prompting the agency to seek a court order to block further transactions pending the conclusion of the probe.
In its order, the court directed the affected banks to freeze the accounts immediately and to file reports of the balances with the EFCC. The commission was also granted leave to extend the freeze if ongoing investigations reveal fresh findings.
Justice [Name], who presided over the matter, said the interim measure was necessary to prevent the dissipation of funds suspected to be proceeds of unlawful activities.
The EFCC noted that the investigation formed part of a wider crackdown on alleged corruption in the oil and gas sector, stressing that no one found culpable would be spared.
The former NNPC General Manager, whose name has been withheld pending further confirmation, has yet to issue an official response to the development.
