Alleged fraud: Court freezes Lagos accounts

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THE Federal High Court in Lagos on Tuesday ordered the freezing of three accounts belonging to the Lagos State Government over an alleged N9.9 billion fraud.

Justice Chuka Obiozor made the order following an ex-parte application by the Economic and Financial Crimes Commission (EFCC).

He ordered the accounts’ “suspension” pending conclusion of investigation and possible prosecution of the Permanent Secretary in the Office of the Chief of Staff to the Governor, Adewale Adesanya.

The accounts are domiciled in First City Monument Bank (numbered 5617984012), Access Bank (0060949275) and Zenith Bank (1011691254).

In a supporting affidavit, an EFCC investigator, Kungmi Daniel, said the commission discovered huge inflow of N9,927,714,443.29 from the state accounts into the FCMB account.

He said the account, operated by Adesanya, was opened last September 17 during the Akinwunmi Ambode administration.

According to the deponent, investigators found that Adesanya and other signatories made fraudulent transfers from the state’s accounts and dissipated the funds.




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