EFCC unfreezes Osun govt accounts after Tinubu’s directive
The Economic and Financial Crimes Commission (EFCC) has lifted the freeze order it placed on the Osun State Government’s accounts during the lead-up to last Saturday’s governorship election in the state.
The accounts, domiciled with First Bank of Nigeria and Zenith Bank, are now operational, bringing an end to a standoff that triggered a legal challenge by the state government and drew the intervention of President Bola Tinubu.
In a later statement, the commission said the action was part of an ongoing investigation into the alleged fraudulent handling of about N11 billion in funds belonging to the state.
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