The Commission disclosed that some officials of the state government, including the Accountant General, had already been questioned as part of the investigation.
The Economic and Financial Crimes Commission (EFCC) has defended its decision to freeze the Osun State Government's bank account, saying the action was taken to prevent the alleged diversion of public funds under investigation and was not connected to the forthcoming governorship election in the state.
In a statement issued on Wednesday by its Head of Media and Publicity, Dele Oyewale, the anti-graft agency said it was compelled to clarify the reasons behind the action amid public reactions and allegations of political interference.
According to the EFCC, it has been investigating the Osun State Government since March 2026 over the alleged fraudulent handling of Ecology Funds, Intervention Funds and allocations from the Federation Account Allocation Committee (FAAC) amounting to N11 billion.
"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)," the statement said.
