Efcc explains why it restricted one osun government account
The Economic and Financial Crimes Commission (EFCC) has defended its decision to restrict an Osun State Government account. Wilson Uwujaren, Director of Public Affairs at the EFCC, said the move was based on suspicious activities observed over the previous week. He emphasized that the restriction was targeted at only one account, not a blanket freeze of all state accounts. The EFCC cited legal backing for its actions and said the restriction could last up to 72 hours without a court order.
What we know
- Wilson Uwujaren stated the EFCC acted after noticing suspicious fund transfers from the account within a week.
- The restriction applies to only one Osun State Government account, not all state finances.
- The EFCC referenced Section 34 of its Act and Section 7(6) of the Money Laundering (Prohibition) Act 2022 as legal grounds.
- The commission said such restrictions can last up to 72 hours before a court order is required.
- The action follows a demand from Governor Ademola Adeleke and Attorney General Oluwole Jimi-Bada (SAN) for the EFCC to justify the freeze, which they described as illegal.
