A Federal High Court sitting in Ibadan, Oyo State, on Wednesday, restrained the Economic and Financial Crimes Commission from proceeding with its planned investigation into the finances of the Oyo State Government, describing the exercise as speculative.
Delivering judgment in suit FHC/IB/CS/61/2025, filed by the Oyo State Government, Justice Nkeonye Maha acknowledged the EFCC’s statutory powers to investigate financial infractions and crimes but emphasised that such powers must be exercised strictly in line with the Constitution and the Rule of Law.
This was contained in a statement released by the Special Adviser to Governor Seyi Makinde on Media, Dr Sulaimon Olanrewaju, in Ibadan, the state capital.
The judge, according to the statement issued by Olarenwaju, the EFCC’s proposed investigation into Oyo State’s finances, particularly the demands contained in its letter of 2 June 2025, was speculative and amounted to a fishing expedition.
The statement added, “His Lordship noted that the
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