EFCC defends legal authority to freeze Osun’s account amid backlash, govt’s criticism

EFCC defended its decision to restrict an Osun State Government's account as it did amid criticisms.

The Economic and Financial Crimes Commission (EFCC) has insisted that its temporary restriction on an Osun State Government bank account was lawful and backed by provisions of the EFCC Act and the Money Laundering (Prohibition) Act.

The EFCC defends its power to freeze an Osun State Government account for 72 hours without a court order, citing suspicious activities and legal provisions

[Premium Times] The account restriction comes hours after Governor Ademola Adeleke alleged that the anti-graft agency planned to freeze the state's accounts ahead of the August 15 governorship election.