HomeTrendingEFCC has no power to unilaterally freeze Osun accounts, says NBA

EFCC has no power to unilaterally freeze Osun accounts, says NBA


 The Nigerian Bar Association (NBA) says the Economic and Financial Crimes Commission (EFCC) has no power to unilaterally freeze the bank accounts of the Osun state government.

 

The body said the EFCC’s post-no-debit (PND) order has the capacity to stall the operations of the Osun government.

 

BACKGROUND

The anti-graft agency had directed First Bank not to allow withdrawals from the Osun state government’s statutory allocation account as part of an ongoing investigation.

 

EFCC’S directive to the bank was conveyed in a letter dated August 5, 2026, and signed by Adenike Babalola, assistant commander of the EFCC on behalf of the director of investigation.

 

Reacting to the development, Ademola Adeleke, Osun governor, said the state government will not accept a situation in which federal government agencies trample on the rights of subnational governments.

 

Adeleke said the Osun government has been witnessing numerous sponsored attacks, including the

This post was originally published on this site.

RELATED ARTICLES
- Advertisment -spot_imgspot_img

Most Popular

- Advertisment -spot_imgspot_img
- Advertisment -spot_imgspot_img