Court stops EFCC probe of Oyo finances, says investigation speculative
The court ruled that the Commission’s planned investigation into the state’s finances, particularly the demands contained in its letter dated June 2, 2025, lacked specific allegations and could not be sustained under the law.
By Adeola Badru IBADAN — A Federal High Court sitting in Ibadan has restrained the Economic and Financial Crimes Commission (EFCC) from proceeding with its proposed investigation into the finances of the Oyo State Government, describing the exercise as speculative and a fishing expedition.
Justice Maha held that “the EFCC’s proposed investigation into Oyo State’s finances, particularly the demands contained in its letter of June 2, 2025, was speculative and amounted to a fishing expedition.
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