- Account Details: Abba Kyari has revealed that he only has N2.8 million in his UBA account and another N200,000 in another account, contrary to reports of huge sums of money traced to his bank accounts .
- Asset Denial: Kyari has denied owning 14 assets linked to him by the federal government, claiming they are not his .
- Court Case: A court has denied Abba Kyari’s bail request, and he is facing charges related to tampering with cocaine .
- NDLEA Allegations: The NDLEA has alleged that Kyari and his men unlawfully tampered with 21.25 kilograms of cocaine .
Abba Kyari’s family has denied allegations that he operated 10 bank accounts with N200 million, calling the claims false and sponsored. According to a statement by Daniel Okpotu, Media Assistant to the Abba Kyari Family, Kyari has accounts in only four banks: UBA, GTB, Sterling, and Access, totaling 10 accounts, including savings, current, dollar, and euro accounts.
The combined balance of these accounts is less than N4 million, with Kyari’s dollar and euro accounts inactive for 12 years. Total deposits and withdrawals over 23 years amount to N200 million, including salaries, allowances, and legitimate expenses. A prosecution witness also testified that no funds in Kyari’s accounts were linked to criminal activity.
The family accused certain parties of circulating similar false narratives three years ago and urged Nigerians to disregard misleading media reports. They emphasized that Kyari’s financial records can be verified by any banker in Nigeria.