August 5, 2026
The Economic and Financial Crimes Commission has placed a “Post No Debit” restriction on an Osun State Government account with First Bank, just 10 days to the August 15 governorship election.The affected account is said to be used for payment of workers’ salaries.
The action came hours after Governor Ademola Adeleke alleged that the EFCC planned to freeze state government accounts and those of top officials.In a statement on Wednesday, Commissioner for Information, Kolapo Alimi, said the move was aimed at crippling government operations ahead of the election.Governor Adeleke insisted there was no legal basis for the action, arguing that the EFCC does not have the power to freeze state government accounts.A government source who pleaded anonymity confirmed the restriction.
“I can confirm that the account has been frozen by the EFCC. It is no longer an allegation. The governor will brief the press shortly,” the source said.As of press time, the EFCC had not released an official statement, and the reason for the freeze was still unknown.
