WHY EFCC FROZE OSUN STATE'S GOVERNMENT ACCOUNT. (PHOTO). #PRESS RELEASE
EFCC PRESS STATEMENT Why EFCC Froze Osun State's Government Account The Economic and Financial Crimes Commission, EFCC, is compelled to publicly address issues pertaining to its preventive moves in freezing the bank account of the Osun State government, without prejudice to the imminent governorship election in the state. The Commission has been busy investigating the Osun state government since March, 2026, regarding alleged fraudulent handling of Ecology Funds, Intervention Funds and Federal Account Allocation Committee, FAAC account to the tune of N11, 000,000, 000(Eleven Billion Naira only). To this end, some officials of the state government, especially the Accountant General of the State, have had interview sessions with investigators of the EFCC. These ongoing investigations of the state government would not have warranted any placement of Post No Debit order on its acco...