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.
Running dispute with Osun government PREMIUM TIMES earlier reported that the EFCC placed a “Post No Debit” restriction on an Osun State Government account domiciled with First Bank, an account the state government said is used for workers’ salary payments.
He said the commission did not freeze all the accounts belonging to the Osun State Government but only imposed a restriction on one account under investigation.
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