The Economic and Financial Crimes Commission (EFCC) has explained why it froze the bank accounts of the Osun State Government. Daily Trust had reported how the anti-graft agency froze an account of Osun government in First Bank. The EFCC identified the affected account as “Osun State Government Statutory Allocation” with account number 2017170947. It added that the decision to freeze the accounts was taken to halt what it described as the “pillaging” of public funds. According to the commission, the accounts were frozen to safeguard public funds pending the conclusion of its investigation.