EFCC confirms freezing Osun govt's account
The EFCC has frozen the Osun State Government's bank accounts, citing suspicious movement of N11 billion in public funds. The state government claims the move is politically motivated ahead of the upcoming governorship election.
Why it matters
This highlights the intersection of anti-corruption efforts and political maneuvering in Nigerian governance.
The Economic and Financial Crimes Commission (EFCC) has confirmed freezing an Osun State Government bank account, saying the action was taken after suspicious movement of public funds amid an ongoing investigation into alleged financial misconduct involving about N11 billion.
The anti-graft agency disclosed on Wednesday, hours after the Osun State Government accused it of targeting the state ahead of the August 15 governorship election and alleged that the commission planned to cripple government activities by freezing its accounts.
PREMIUM TIMES had earlier reported that an Osun State Government account domiciled with First Bank and reportedly used for official financial transactions, including salary payments had been placed on Post No Debit (PND) status by the EFCC.
The restriction came shortly after Governor Ademola Adeleke alleged that the commission was planning to freeze the accounts of the state government and top officials of his administration.
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