Close Menu
City News NG
  • Home
  • News
  • Politics
  • Politics
  • Business
  • Entertainment

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

VIDEO: Why I won’t stop seeking Presidency despite many defeats — Atiku

August 29, 2026

BIGI, Fearless Set Nigerian Campuses Ablaze With Soundcity OnTo

August 29, 2026

Omokri Challenges Atiku’s Tinubu 90-year-old Claim With 1996 Photo(PHOTO)

August 29, 2026
Facebook X (Twitter) Instagram
Trending
  • VIDEO: Why I won’t stop seeking Presidency despite many defeats — Atiku
  • BIGI, Fearless Set Nigerian Campuses Ablaze With Soundcity OnTo
  • Omokri Challenges Atiku’s Tinubu 90-year-old Claim With 1996 Photo(PHOTO)
  • Umahi Orders Contractor’s Arrest Over Failure To Complete ₦14 Billion Road Project
  • ‘No Fake Agency’: SGF Officials Accuse Directors Of Misleading ICPC As Presidency Awaits Final Report
  • Ikpeme, Abdulrahaman Take Charge Of NFF, NPFL
  • We’re Rigging Against Ourselves –Donald Duke Warns Opposition
  • Cheaper Fuel: Atiku Knocks Tinubu’s Fresh CNG Conversion Push
Facebook X (Twitter) Instagram
City News NGCity News NG
  • Home
  • News
  • Politics
  • Politics
  • Business
  • Entertainment
City News NG
Home » Osun: EFCC legally empowered to freeze FG, state govt accounts – Falana
News

Osun: EFCC legally empowered to freeze FG, state govt accounts – Falana

CitynewsBy CitynewsAugust 8, 2026No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

A senior lawyer, Femi Falana, has said the Economic and Financial Crimes Commission, EFCC, acted within the law by freezing the Osun State Government’s account, provided it obtained the required court order.

Speaking on the controversy surrounding the EFCC’s action, the lawyer said the commission has the legal authority to place a Post-No-Debit (PND) restriction on the account of a state government for a limited period before obtaining a court order.

“As far as the law is concerned, the EFCC has not acted illegally,” he said.

He cited the 2022 Court of Appeal judgment in the case involving the Attorney-General of Benue State and the EFCC, saying the court affirmed the commission’s power to freeze a state government’s account, subject to the requirement that it obtain a court order within 72 hours.

He explained that the Federal High Court in Benue State had ruled in 2019 that the EFCC lacked the power to freeze the state government’s account and awarded N50 million in damages against the commission.

According to him, the EFCC appealed the decision, and the Court of Appeal subsequently held in 2022 that the commission had the power to freeze the account, provided it secured a court order within the stipulated period.

He also referred to a 2024 Supreme Court judgment involving the Kogi State Government and other states, saying the apex court affirmed the powers of relevant federal agencies to investigate the financial activities and accounts of federal, state and local governments.

Falana said: “Well, as far as the law is concerned, the EFCC has not acted illegally. As a matter of fact, that came out in the statement of the President that whereas I’m not questioning your mandate and the exercise of your power, however, I’m embarrassed. We’ll come to that in a moment.

“Under the law, the EFCC has the power to freeze the account of the federal government or of any state or local government in Nigeria.

“This matter was settled in the case of Attorney-General of Benue State and the EFCC in 2022.

“In 2019, the Federal High Court in that state, in Benue State, had ruled that the EFCC lacked the power to freeze the account of the state and awarded N50 million damages against the EFCC.

“The EFCC went to court, and in a judgment delivered, I think in September 2022, the Court of Appeal held that the EFCC has the power to freeze the account of that state and place PND of not more than 72 hours before obtaining a court order. Now it remains the law in Nigeria today.

“In 2024, the Kogi State Government, joined by many state governments, challenged the investigation, probing of state accounts by the EFCC, or NFIU. And in a historic judgment, the Supreme Court examined all the relevant laws and came to the conclusion that these agencies have the power to probe the accounts of any of the federal, state or local [governments].

“For now, as of today, EFCC has the power to freeze the account of any state, and in not more than 72 hours has to go to court.

“In this instance, the EFCC went to court, and the Federal High Court intervened based on information provided by the EFCC.

“The President referred to the order obtained by the EFCC, and as it should be done, Osun State Government has challenged the legality, the validity of the order, not the timing.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Citynews
  • Website

Related Posts

VIDEO: Why I won’t stop seeking Presidency despite many defeats — Atiku

August 29, 2026

BIGI, Fearless Set Nigerian Campuses Ablaze With Soundcity OnTo

August 29, 2026

Omokri Challenges Atiku’s Tinubu 90-year-old Claim With 1996 Photo(PHOTO)

August 29, 2026
Leave A Reply Cancel Reply

Demo
Top Posts

Stop Press! Jesam Michael, AAS Investors Are Aggrieved

May 10, 2024

Leadway Advocates For Public Safety As Nigerians Embrace The New Year

January 7, 2025

Ogun Is Setting The Pace In Tackling Energy Challenges, Says Abiodun

February 15, 2024

BIGI, Fearless Set Nigerian Campuses Ablaze With Soundcity OnTo

August 29, 2026
Don't Miss
News

VIDEO: Why I won’t stop seeking Presidency despite many defeats — Atiku

By CitynewsAugust 29, 2026

The 2027 African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has explained why he remains…

BIGI, Fearless Set Nigerian Campuses Ablaze With Soundcity OnTo

August 29, 2026

Omokri Challenges Atiku’s Tinubu 90-year-old Claim With 1996 Photo(PHOTO)

August 29, 2026

Umahi Orders Contractor’s Arrest Over Failure To Complete ₦14 Billion Road Project

August 29, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Demo
About Us

City News NG is a fast-growing Nigerian online news platform delivering breaking stories, politics, business, entertainment, sports, and lifestyle updates to readers across Nigeria and the diaspora. It positions itself as a reliable digital newspaper with timely coverage of national and global events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

VIDEO: Why I won’t stop seeking Presidency despite many defeats — Atiku

August 29, 2026

BIGI, Fearless Set Nigerian Campuses Ablaze With Soundcity OnTo

August 29, 2026

Omokri Challenges Atiku’s Tinubu 90-year-old Claim With 1996 Photo(PHOTO)

August 29, 2026
Most Popular

Stop Press! Jesam Michael, AAS Investors Are Aggrieved

May 10, 2024

Leadway Advocates For Public Safety As Nigerians Embrace The New Year

January 7, 2025

Ogun Is Setting The Pace In Tackling Energy Challenges, Says Abiodun

February 15, 2024
© 2026. Designed by .
  • Home
  • News
  • Politics
  • Politics
  • Business
  • Entertainment

Type above and press Enter to search. Press Esc to cancel.