Presumed fraud nnpcl: the court freezes the COY account

The Federal Court of Abuja has ordered a temporary freezing of the Mars Aviation Ltd account domiciled in Fidelity Bank Plc for an alleged connection with the Nigerian National Petroleum Company (NNPCL) fraud.

Judge Musa Liman gave the order following a motion ex-parte moved by the lawyer of Geraldine of Geraldine of Geraldine of Geraldine.

Ofulue had told the Court that the account was currently under investigation in a case of undue criminal appropriation and money laundering.

He prayed to the Court to make the order to freeze the account pending the conclusion of the investigations.

After moving the motion, Judge Liman said that the question was meritorious and consequently was granted.

Freedomonline reports that although the order was placed on September 22, its real certified copy was spotted on Monday.

The anti-Innesto agency had presented the Ex-Parte movement, marked: FHC/Abj/CS/1299/2025.

He was dated and filed on July 1st.

The agency had sought an order that authorized its executive president, Ola Olukoyede, or any other authorized official of the Commission to instruct the Bank’s CEO indicated in the application program, to freeze the scheduled content account.

According to the movement, the account number is 5250350283 (C03651082) with the name of the account: Mars Aviation Limited.

In the sworn declaration in support of the ex-parte motion, Abdulganiyu Olayide, an FCC investigator in the special duties committee, started that his team was assigned to manage the case.

Olayide said that the anti-Innesto agency received an open source intelligence, claiming that some money had been paid by Nnpcl to Mars Aviation Ltd for alleged contracts that were false and granted inactivity of the provisions of the procurement law.

He said that, on the basis of this, the commission started an investigation and discovered that huge sums of money had actually been paid on the account of Mars Aviation Ltd from NNPCL, in various installments.

He said that an order of the court that instructs the Fidelity Bank’s MD to freeze the account as content in the program would be essential to allow further investigations on the case and prevent any transaction on the account.

According to the investigator, this provisional application is basically to preserve the funds and prevent any transaction on the accounts, pending the conclusion of the investigation.

He said it was in the interest of justice to grant the question.

“That I make this sworn declaration in good faith, believing that its content is true and correct and in agreement with the Oaths Act,” he concluded.