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EFCC Freezes Osun State Account Ahead of Governorship Election

EFCC Freezes Osun State Account Ahead of Governorship Election

 

The Economic and Financial Crimes Commission (EFCC) has reportedly frozen an Osun State Government account with First Bank, 10 days before the state’s governorship election.

According to documents obtained, the account, which is reportedly used for the payment of workers’ salaries, was placed under a “Post No Debit” restriction by the anti-graft agency.

The restriction prevents withdrawals or other debit transactions from the account. The development comes shortly before the governorship election, raising concerns over the possible impact on the state government’s financial operations, particularly salary payments.

However, the circumstances surrounding the EFCC’s decision and the specific reason for placing the account under restriction were not stated in the information available.

The development comes as political activities intensify ahead of the Osun State governorship election.

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