EFCC defends legal authority to freeze Osun’s account amid backlash, govt’s criticism

The Economic and Financial Crimes Commission (EFCC) has defended its decision to place a restriction on an Osun State Government bank account without first obtaining a court order, insisting that its action was backed by provisions of the EFCC Act and the Money Laundering (Prevention and Prohibition) Act. The commission’s defence comes amid growing criticisms […]

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EFCC Vs Osun: What Does The Law Say About Freezing State Govt Accounts?

The reported restriction of an Osun State Government account by the Economic and Financial Crimes Commission, EFCC, has raised questions over the extent of the anti-graft agency’s powers to freeze bank accounts and whether such action requires prior judicial authorisation. The development followed an earlier allegation by Osun State Governor, Ademola Adeleke, that the EFCC […]

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Uzodimma to Davido: Get Ready To Employ Your Uncle As Dancer After His Loss of Osun election

By John Dike, Osogbo Imo State Governor, Hope Uzodimma, has advised Afrobeats music megastar David Adeleke popularly called Davido to prepare to hire his uncle, Osun State Governor Ademola Adeleke as one of his dancers after his purported defeat in the forthcoming governorship election. He said, “Perhaps, Davido should also begin making preparations to officially […]

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Osun debunks EFCC allegation, says there is no looting of N11b

accuses EFCC of acting APC script says account freeze meant to stop palliatives pay to workers Osun State Government has debunked the alleged looting of N11 billion as justification by the Economic and Financial Crimes Commission (EFCC), for freezing its bank account. While dismissing the allegation, the  state government said the statement from the anti-graft agency […]

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EFCC lacks power to freeze state accounts without court order – NBA

NBA President Afam Osigwe, SAN The Nigerian Bar Association has said that the Economic and Financial Crimes Commission, EFCC, lacks the constitutional power to impose a blanket restriction on a state’s finances without due legal process. It condemned the anti graft agency over the freezing of Osun State Government bank accounts. In an interview with […]

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Atiku condemns Osun account freeze as dangerous assault on democracy

Ex-Vice President and Presidential candidate of the African Democratic Congress, Atiku Abubakar, has condemned the freezing of the Osun State Government’s statutory allocation account by the Economic and Financial Crimes Commission,vEFCC. He described the action as a dangerous assault on democracy ahead of the August 15 governorship election. In a statement issued by his Senior […]

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2027: Dickson, Obi, Kwankwaso strategise as NDC rallies members

NDC Presidential Candidate, Mr Peter Obi; National Leader, Senator Seriake Dickson; and Vice Presidential Candidate, Senator Rabiu Kwankwaso reaffirms readiness for unity, nationwide campaigns, says no room for rigging The National Leader of the Nigeria Democratic Congress (NDC), Senator Henry Seriake Dickson, has reaffirmed the party’s readiness for the 2027 general elections. He spoke after […]

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Why we freeze Osun accounts – EFCC

By John Dike, Osogbo The Economic and Financial Crimes Commission (EFCC) has explained that it freezed Osun State Government bank accounts to prevent alleged diversion of public funds while investigations into financial transactions involving the state continue. A statement issued on Wednesday by the Commission’s Head of Media and Publicity, Dele Oyewale, said its action […]

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Adeleke Heads To Court As EFCC Freezes Osun Account

Osun State Governor Ademola Adeleke has directed the state Attorney-General to challenge in court the freezing of a state government account by the Economic and Financial Crimes Commission (EFCC). He gave the directive following the restriction placed on an Osun State Government account domiciled with First Bank by the anti-graft agency. While addressing journalists at […]

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