Thursday, February 12, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Alleged $7.2bn fraud: Ex-NNPCL Finance Chief denies EFCC’s arrest

Freedom Online by Freedom Online
June 26, 2025
in Breaking News
0
Developing countries paid $1.4trn on foreign debt in 2023

Dollars

1.7k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Umar Isa, former Chief Finance Officer (CFO), Nigeria National Petroleum Company Limited (NNPCL), has denied the claim of his Monday arrest by the EFCC over alleged fraud.

The former NNPCL CFO in a statement on Wednesday described his purported arrest over alleged $7.2 billion fraud by the Economic and Financial Crimes Commission (EFCC) as false.

Isa said contrary to reports, he voluntarily submitted himself to the commission, and at no time was he arrested in connection with the alleged 7.2 billion dollars relating to transactions at the Warri and Port Harcourt refineries.

Isa and three others were said to have been arrested by the EFCC over alleged fraud at the nation’s oil company on Monday in Abuja.

They were said to have been arrested in connection with an alleged 7.2 billion dollars fraud linked to the rehabilitation of the Kaduna, Warri, and Port Harcourt refineries.

“Nobody arrested me for any $7.2 billion in relation to any refinery fraud. I voluntarily submitted myself for questioning to the EFCC and thereafter I went home.

“To see in the media of stories of my arrest over fraud is unfortunate,” he stated.

He said that he served at NNPC Limited and he left with his integrity intact.

“Nobody has accused me of any fraud throughout my sojourn at the company. People who are pushing this false narrative of arrests and detention just want to tarnish my reputation,” he said.

Isa said he was ready at any time to defend his reputation and years of service at the NNPCL.

“I am in this country and any day and anytime the EFCC request me to appear before them, I will be present,” he said.

Tags: Alleged $7.2bn fraud: Ex-NNPCL Finance Chief denies EFCC’s arrest
Share27Tweet17Send
Previous Post

Edo PDP, Govt bicker over N100bn loan approval by Assembly

Next Post

NAN MD’s elder brother buried in Kano

Related Posts

Atiku to Fayose: You are an irresponsible serial purveyor of political gossip, a man who lacks credibility
Breaking News

Atiku to Fayose: You are an irresponsible serial purveyor of political gossip, a man who lacks credibility

February 12, 2026
Obasa joins APC Leaders at Local Government Renewed Hope Coordinators’ Inauguration
Breaking News

Obasa joins APC Leaders at Local Government Renewed Hope Coordinators’ Inauguration

February 11, 2026
𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞 𝐭𝐨 𝐊𝐏𝐌𝐆: 𝐎𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚’𝐬 𝐍𝐞𝐰 𝐓𝐚𝐱 𝐋𝐚𝐰𝐬
Breaking News

Tinubu appoints Ambassador Ismail Yusuf as NAHCON Chairman

February 11, 2026
Next Post
NAN MD’s elder brother buried in Kano

NAN MD’s elder brother buried in Kano

Niger Governor Bago recants: I have no issue with dreadlocks

Niger Govt orders immediate closure of Babangida University

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

  • Mystery as Nollywood Lighting Director, friend die during film shoot in Lekki

    Mystery as Nollywood Lighting Director, friend die during film shoot in Lekki

    69 shares
    Share 28 Tweet 17
  • DSS takes over terrorism probe of attack, abduction of Obaseki

    69 shares
    Share 28 Tweet 17
  • Things you shouldn’t do for a man, by Funke Egbemode

    68 shares
    Share 27 Tweet 17
  • ‘I am popular, Wike can’t stop my victory during election’

    68 shares
    Share 27 Tweet 17
  • Ademola Lookman on target in Atlético debut; records assist, makes history in style

    65 shares
    Share 26 Tweet 16
  • Police officers allegedly assault content creator, Ijoba Lande, brother; steal iPhone 16 Pro Max, $1,200

    65 shares
    Share 26 Tweet 16

Latest Stories

‎Tinubu ends vacation, returns to Abuja Tuesday

Tinubu hails BOI over N636bn loans to 7,000 firms in 2025

February 12, 2026
Alt="Court"

Alleged N2.4bn fraud: Court adjourns ex-Aviation minister’s trial until March 5

February 12, 2026
Sachet alcohol has worsened binge drinking among youths — Group

Sachet alcohol has worsened binge drinking among youths — Group

February 12, 2026
Reps Committee expunges NACETEM’s 2026 budget, recommends DG’s sack

Reps Committee expunges NACETEM’s 2026 budget, recommends DG’s sack

February 12, 2026
Atiku to Fayose: You are an irresponsible serial purveyor of political gossip, a man who lacks credibility

Atiku to Fayose: You are an irresponsible serial purveyor of political gossip, a man who lacks credibility

February 12, 2026
Obasa joins APC Leaders at Local Government Renewed Hope Coordinators’ Inauguration

Obasa joins APC Leaders at Local Government Renewed Hope Coordinators’ Inauguration

February 11, 2026
𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞 𝐭𝐨 𝐊𝐏𝐌𝐆: 𝐎𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚’𝐬 𝐍𝐞𝐰 𝐓𝐚𝐱 𝐋𝐚𝐰𝐬

Tinubu appoints Ambassador Ismail Yusuf as NAHCON Chairman

February 11, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.