The family of Deputy Commissioner of Police Abba Kyari has refuted claims that he managed 10 bank accounts containing ₦200 million, describing the reports as baseless and politically motivated.
Kyari’s family, in a statement issued through their media aide Daniel Okpotu, clarified that he holds accounts in only four banks—UBA, GTB, Sterling, and Access.
While he operates 10 different accounts across these banks, they include savings, current, dollar, and euro accounts, with a total balance of less than ₦4 million.
“Circulating reports suggesting that Abba Kyari maintained 10 accounts with a balance of ₦200 million are misleading and deliberately distorted to misrepresent the proceedings of the asset declaration hearing on March 13, 2025.
“The reality, which can be confirmed by any banking professional, is that he only has accounts in four banks—UBA, GTB, Sterling, and Access—with an overall balance of under four million naira. Additionally, his dollar and euro accounts have been dormant for 12 years, with no transactions recorded,” the statement read.
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The family further explained that over the course of 23 years, the total amount that has passed through Kyari’s accounts, including salaries, allowances, and legitimate expenditures, adds up to ₦200 million.
They pointed out that during the court session, a prosecution witness confirmed that none of Kyari’s funds were linked to any illegal activity.
“These same unfounded allegations were circulated three years ago as part of a coordinated media attack. The hearing took place in an open court on Wednesday, yet fabricated reports are still being spread.
“For the past decade, Abba Kyari has never had more than five million naira in any of his accounts. Nigerians should not be deceived by such false and misleading narratives,” the statement continued.
With the case attracting widespread public attention, the family insisted that Kyari’s financial transactions remain transparent and can be independently verified by any banker in the country.