The family of Deputy Commissioner of Police, Abba Kyari, has strongly refuted reports alleging that he operated 10 bank accounts containing N200 million, calling the claims false and sponsored. The allegations emerged during the resumed hearing of an asset declaration case on 13th March 2025.
In a statement issued on behalf of the family, Daniel Okpotu, Media Assistant to the Kyari family, clarified that Abba Kyari holds accounts in only four banks: UBA, GTB, Sterling, and Access. These accounts, which total 10, consist of savings, current, dollar, and euro accounts, with a combined balance of less than N4 million.
The statement further explained that Kyari’s dollar and euro accounts have been inactive for the past 12 years, with no transactions recorded during that period. It also noted that the total deposits and withdrawals across 23 years amount to N200 million, including Kyari’s salary, allowances, and other legitimate expenses.
During cross-examination in the ongoing trial, a prosecution witness confirmed that no funds in Kyari’s accounts had been linked to any criminal activity. The family also emphasized that similar false narratives had been circulated about Kyari three years ago.
The statement urged Nigerians to disregard the misleading media reports and assured the public that Kyari had never held more than N5 million in any of his accounts over the past decade. The case, which is being heard in an open court, has garnered significant public attention amid claims of a media trial.
The family stressed that Kyari’s financial records are verifiable by any banker in Nigeria. The statement concluded: “These reports are false and designed to distort the narrative surrounding the asset declaration case. Kyari’s accounts are legitimate, and the total balance across all his accounts is less than N4 million.”
