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Fresh Court Document Reveals EFCC Secured Order Freezing Three Osun Govt Accounts, Not One
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A fresh court document obtained has revealed that the Economic and Financial Crimes Commission (EFCC) secured a Federal High Court order freezing not one but three bank accounts belonging to the Osun State Government over allegations of diversion of public funds and money laundering.
The newly obtained document shows that the anti-graft agency sought and obtained an ex parte order authorising the freezing of three allocation-related accounts pending the conclusion of its investigation and any subsequent prosecution.
The revelation comes amid mounting controversy over the commission’s action and a day after President Bola Tinubu directed the EFCC to immediately return to court to vacate the freezing order, describing its timing, coming days before the Osun governorship election, as “embarrassing” and capable of creating the impression of federal interference in the electoral process.
The order was granted on Tuesday, August 5, 2026, by Justice M. G. Umar of the Federal High Court, Abuja, in Suit No. FHC/ABJ/CS/1750/2026, titled In the Matter of an Application by the Executive Chairman of the Economic and Financial Crimes Commission.
According to the court document obtained, the EFCC asked the court to empower its Chairman, “or any officer authorised by him,” to direct the managing directors of the affected banks to freeze accounts listed in the schedule to the application.
The commission told the court the accounts were “currently being investigated in a case of Diversion of public funds and Money Laundering pending conclusion of investigation and prosecution.”
Justice Umar granted the application after counsel to the EFCC, M. A. Babatunde, moved the motion ex parte.
The court order covers the following accounts: Osun State Government Federal Allocation Account, domiciled with First Bank Plc, Account No. 2017170947; Osun State Joint Allocation Account, domiciled with Zenith Bank Plc, Account No. 1013374191; and Osun State Joint Allocation Account, domiciled with Zenith Bank Plc, Account No. 1014374909.
The application was supported by an affidavit sworn to by EFCC investigator Ikenna Chukwueze and an exhibit marked “EFCC 1.”
Justice Umar ordered that the freezing of the accounts should remain in force pending the conclusion of investigation and prosecution.
The court record was issued under the hand of the presiding judge, with Muazu Kasimu signing as Registrar.
The newly obtained document indicates that the scope of the court order is broader than previously known.
On Thursday, it was reported that President Tinubu directed the EFCC to immediately approach the court to vacate the freezing order and discontinue all related actions after expressing concern over the timing of the move ahead of the Osun governorship election.
The President said he was “deeply embarrassed” by the timing of the action, stressing that although the commission acted pursuant to a court order and within its statutory powers, the public would inevitably attribute the development to his administration.
Before Tinubu’s intervention, the EFCC had defended its action, saying it had been investigating the Osun State Government since March 2026 over the alleged fraudulent handling of Ecology Funds, Intervention Funds and Federation Account Allocation Committee (FAAC) allocations amounting to about ₦11 billion.
The commission said it sought the freezing order only after allegedly discovering what it described as “precipitate and unwarranted” movement of public funds into several corporate entities beginning on August 2, insisting the action was intended to prevent the alleged looting of public funds and was not politically motivated.
SaharaReporters also reported that the Osun State Government subsequently sued the EFCC, its Executive Chairman and First Bank of Nigeria, accusing the anti-graft agency of unlawfully freezing the state’s accounts for political reasons just days before the governorship election.
Court filings seen show the state argued that the Federal Statutory Allocation Account is used to pay salaries, pensions, contractors, healthcare, education, security and other essential government obligations.
The government contended that the EFCC’s action was designed to cripple its finances at a politically sensitive period and sought, among other reliefs, an order unfreezing the accounts and ₦2 billion in damages.
The African Democratic Congress has given reasons why its presidential flag bearer Atiku Abubakar was absent at the G100 summit in Abuja.
ADC spokesperson, Bolaji Abdullahi, gave the explanation on Tuesday during an interview saying the summit focused on cooperation among political parties rather than individual candidates.
He said the ADC was fully represented at Monday’s meeting, with four of its vice chairmen in attendance, making Atiku’s physical presence unnecessary.
The summit, held at the Shehu Musa Yar’Adua Centre in Abuja, brought together representatives of major opposition parties to discuss possible cooperation ahead of the 2027 elections.
News
“Go Back and Repair Our Road!” — Enugu Residents Turn APC Campaign Ground Into Assessment Session(Video)
Drama unfolded in Enugu North when a man reportedly campaigning for the APC in Peter Mbah-branded clothing was confronted by residents over the condition of their community.
Instead of the expected campaign applause, residents turned the encounter into an impromptu accountability hearing.
Community: “As you were coming here, how did the road look?”
APC Supporter: “It is very terrible.”
Community: “Go and tell the people who sent you to come and construct the road for us.”
APC Supporter: “I will inform them.”
The residents did not stop there.
Community: “Is that not a primary school your community members attend? How is it?”
APC Supporter: “It is bad.”
And just like that, the campaign rally became a road-and-school inspection.
The Defence Headquarters has said the reported withdrawal of about 200 United States personnel from Nigeria will not affect the country’s security cooperation with the US, describing the development as a routine adjustment tied to specific operational objectives.
The Director of Defence Information, Maj Gen S. Uba, stated this on Tuesday while addressing journalists at the joint security spokespersons briefing.
Uba said the withdrawal should not be interpreted as a breakdown or termination of the longstanding security partnership between Nigeria and the United States.
“The Armed Forces of Nigeria wishes to clarify that the reported withdrawal of about 200 United States personnel should not be interpreted as a breakdown or termination of the Nigeria-United States security partnership,” he said.
According to him, the relationship between both countries remains “strong, enduring, and mutually beneficial,” noting that the deployment of American personnel was linked to specific operational and counterterrorism objectives.
“The decision to draw down personnel is therefore part of the evolving nature of that engagement. Elements of the United States security partnership, particularly intelligence cooperation, training and information sharing, will continue,” Uba added.
He stressed that the responsibility for defending Nigeria and protecting its citizens remained primarily with Nigerian security forces, while noting that cooperation with the US aimed to strengthen the capabilities of the Nigerian military.
“The Armed Forces of Nigeria has consistently maintained that the responsibility for the defence of Nigeria and the protection of its citizens rests primarily with Nigerian security forces,” the DDI said.
He explained that the bilateral security partnership covered intelligence sharing, training, technical assistance and other forms of professional military cooperation.
“Our cooperation with the United States is designed to strengthen our capabilities through intelligence sharing, training, technical assistance, and other forms of professional military cooperation,” he said.
Uba said that when Nigeria and the US jointly assessed the need for additional interventions, including joint strikes, they carried them out.
“Where it is jointly assessed that additional efforts, including joint strikes, are required, we do that,” he stated.
The defence spokesman said the partnership had continued to yield positive results in the fight against terrorism and other transnational security threats.
“Indeed, the Nigeria-United States partnership has continued to produce valuable outcomes in the fight against terrorism and other transnational security threats,” he said.
Uba urged the media and members of the public not to interpret the adjustment in the presence of foreign military personnel as an indication of weakening security cooperation or Nigeria’s defence capacity.
“We equally call on the media and the Nigerian public to avoid interpreting a routine or mission-specific adjustment in foreign military presence as evidence of a collapse in Nigerian security cooperation or national defence capability,” he said.
He reiterated that the Nigeria-US security relationship remained enduring and that cooperation in areas of mutual interest was expected to continue.
The clarification came after US officials said most of the additional forces deployed for the Lake Chad operation had returned following the completion of their mission, while intelligence sharing and broader security cooperation with Nigeria would continue.
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