Not All Osun Govt Accounts Were Frozen – EFCC

The Economic and Financial Crimes Commission (EFCC) has clarified that not all bank accounts of the Osun State government were frozen in the ongoing investigation into the financial activities of the current administration. According to him, the only restricted account is the one from which the EFCC observed suspicious activities, explaining that the step was taken to preserve the account of the Osun State government. “EFCC placed a temporary restriction on one Osun State government account after observing suspicious activities in the past week. This does not mean all Osun State accounts are frozen only the targeted one. Recall that the EFCC had earlier explained that it froze the Osun State Government’s bank account after detecting what it described as unusually large transfers to suspicious corporate accounts.