• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Interviews
  • Sports
Facebook X (Twitter) Instagram
Trending
  • JANDOR Celebrates Lagos APC Chairman on His Birthday
  • NDDC Equips Akwa Ibom Women for Entrepreneurship
  • Osun: Don’t Summon The Demons of 1983
  • Bauchi Gov Orders Security Forces to Intensify Crackdown on Criminal Hideouts
  • IGP Deploys New CPs To Eight States, Other Police Formations + Full List
  • Friends of Late Nollywood Actress Tope Osoba to Hold Candlelight Night In Her Honour 
  • Certificate Controversy Against Tinubu Dead on Arrival
  • CBN Holds Fair In Bauchi; Assures on Deepening Monetary, Financial Inclusion, Promote Economic Growth 
Facebook X (Twitter) Instagram
The Gazelle NewsThe Gazelle News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Interviews
  • Sports
The Gazelle NewsThe Gazelle News
Home » Osun: We Can Freeze Accounts for 72 hours Without Court Order, Says EFCC
featured

Osun: We Can Freeze Accounts for 72 hours Without Court Order, Says EFCC

Abimbola OgunaikeBy Abimbola OgunaikeAugust 7, 2026Updated:August 7, 2026No Comments2 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Economic and Financial Crimes Commission (EFCC) on Thursday, 6 August , 2026 defended the legality of its restriction on an Osun State Government account, citing specific provisions of the law as its authority, reports thegazellenews.com.

EFCC’s defence of its legal authority followed a demand by Osun State Governor, Ademola Adeleke, for EFCC Chairman Ola Olukoyede to justify the freeze, which he described as illegal.

Adeleke’s Attorney General, Oluwole Jimi-Bada (SAN), had argued that while the EFCC could investigate government accounts, it lacked the power to freeze them without first obtaining a court order, and had been directed to challenge the action at the Federal High Court in Osogbo.

The commission’s Director of Public Affairs, Wilson Uwujaren, who stated this on Thursday, 6 August, 2026 while speaking during an interview on Arise, said the action did not require a prior court order, contrary to claims by the state government and the Nigerian Bar Association (NBA).

According to Uwujaren, the commission moved against the account after noticing suspicious activities over the preceding week.

“As we indicated in the statement released by the Commission, we took that step to preserve the account of the Osun State Government.

“We observed in the past one week that activities on that account looked suspicious, and based on the mandate of the Commission, we took the step of placing a restriction on that account to preserve it,” he said, adding that  commission’s action was limited to one account and should not be mistaken for a wholesale freeze of the state’s finances.

“That restriction order does not mean that all the accounts of Osun State have been frozen. No. It is just a targeted restriction on one account of the Osun State Government,” he said.

Uwujaren said the commission observed heavy transfers of funds from the account into a number of corporate entities within a week, prompting it to act.

“The essence, like I said, is just to preserve that account because we observed suspicious activities on that account in terms of the transfer of funds to a number of entities within one week.

“So we had to take that decision to place a restriction on that account, not minding the fact that there is an election process in place,” he said.

The commission director of public affairs added the agency could not afford to look away, arguing that inaction would have exposed it to public criticism.

“We have the responsibility under the law to do so because if we don’t take that step and, for instance, funds are looted from the account of the Osun State Government, I’m sure the Nigerian public will also ask, ‘Where was the EFCC when those funds were being moved?

Uwujaren said the state government retained access to other accounts and would not be hindered in the discharge of its functions.

“It does not stop the Osun State Government from running the government of the state because they have access to other funds in the other accounts that they have.

“In any case, the payment of salaries and other expenditures by the state government happens just once in a month. What we have done is not a blanket freezing of the account.

“It’s just a targeted freezing. Once we are satisfied that activities on that account are no longer suspicious, it will be lifted,” he said.

Uwujaren, highlighting on the legality of the action,  said the commission’s power to place a temporary restriction on an account was rooted in statute.

“A number of people have asked whether the Commission has the power to do so under the law. I can assure you that we have the power to place a temporary restriction on an account.

“Section 34 of the EFCC Act and Section 7, Subsection 6 of the Money Laundering (Prohibition) Act 2022 give us that authority to take that step,” he said.

He added that such a restriction order could subsist for up to 72 hours before the commission would need to approach a court.

“The restriction order can last within 72 hours before we can come with a court order if we need to provide a court order,” he said.

The anti-sleaze agency had earlier disclosed that it had been investigating the Osun State Government since March 2026 over the alleged fraudulent handling of about N11 billion in Ecology Funds, Intervention Funds and Federation Account Allocation Committee allocations, and that some state officials, including the Accountant General, had already been questioned.

Account freezing Ademola Adeleke EFCC Osun state
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Abimbola Ogunaike

Related Posts

JANDOR Celebrates Lagos APC Chairman on His Birthday

August 7, 2026

NDDC Equips Akwa Ibom Women for Entrepreneurship

August 7, 2026

Bauchi Gov Orders Security Forces to Intensify Crackdown on Criminal Hideouts

August 7, 2026

JANDOR Celebrates Lagos APC Chairman on His Birthday

August 7, 2026

NDDC Equips Akwa Ibom Women for Entrepreneurship

August 7, 2026

Osun: Don’t Summon The Demons of 1983

August 7, 2026

Bauchi Gov Orders Security Forces to Intensify Crackdown on Criminal Hideouts

August 7, 2026
© 2026 All Rights Reserved. The Gazelle News. Designed By DeedsTech.

Type above and press Enter to search. Press Esc to cancel.