Post by AOJ (@OsobaseAOJ)

Attn:
@yusuf_temitope

"The Commission has been busy investigating the Osun state government since March, 2026, regarding alleged fraudulent handling of Ecology Funds, Intervention Funds and Federal Account Allocation Committee, FAAC account to the tune of N11, 000,000, 000(Eleven Billion Naira only). To this end, some officials of the state government, especially the Accountant General of the State, have had interview sessions with investigators of the EFCC.

These ongoing investigations of the state government would not have warranted any placement of Post No Debit order on its account but for the precipitate and unwarranted movement of funds from the accounts to different suspicious accounts since August 2, 2026. The Commission noticed huge transfers of funds into different corporate entities and had to swiftly halt the trend by freezing the accounts from which such heavy funds are being moved."

EFCC Explains Freezing Osun State Government Accounts https://punchng.com/why-we-froze-osun-govt-accounts-efcc/

Attn: @yusuf_temitope "The Commission has been busy investigating the Osun state government since M...

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Comments

Mild Uchenna: D law! This is Nigeria
A2 Glazing: Did I just see billion naira only?
And na 11 😮
AOJ: There are always suspicious movements of funds in virtually all the state governments' accounts every day. To single out Osun State, an opposition state that has less than 10 days until its governorship election, for this unwarranted scrutiny, is to say the least, an embarrassment to the EFCC. I tho...
AOJ: There are always suspicious movements of funds in virtually all the state governments' accounts every day. To single out Osun State, an opposition state that has less than 10 days until its governorship election, for this unwarranted scrutiny, is to say the least, an embarrassment to the EFCC. I tho...
Felix: Allegations involving public funds deserve a thorough, transparent, and impartial investigation, and the facts should ultimately be established through due process.
Felix: Allegations of this magnitude deserve a thorough, transparent investigation, and due process should determine the facts while ensuring public funds are properly accounted for.
Obafemi EMILOLA, FIMC, CMC®: You na well-done