Fuller details about the recent account freeze launched against the Osun State Government by the Economic and Financial Crimes Commission (EFCC) have emerged, bringing to light a wider extent of an action that has already dealt a severe blow to the agency’s reputation.
Sahara Reporters has freshly reported that the EFCC targeted not just one of the state government’s accounts as previously known, but three.
These include one federal allocation account with First Bank, which was previously known to be the only state government account the EFCC had frozen. The other two, just revealed, are joint allocation accounts with Zenith Bank.
Sahara Reporters reported that the commission indeed obtained a court order to implement the account freeze as disclosed for the first time on Thursday by President Bola Tinubu.
The freeze order has drawn widespread condemnation to the EFCC and its chairman, Ola Olukoyede, as a politically motivated step.
