Latest News

Fraud Allegations: Court Freezes Lagos Speaker Obasa’s Accounts

Lagos State House of Assembly Speaker, Mudashiru Obasa

 

Advertisements

A Federal High Court sitting in Lagos on Thursday ordered the interim freezing of three bank accounts belonging to the Speaker of the Lagos State House of Assembly, Mudashiru Obasa.

The three accounts domiciled in Standard Chartered Bank and the funds placed in them are to be temporarily frozen pending the conclusion of the investigation and possible prosecution of the allegations of fraud made against the Speaker.

Register Your Business or Company Name With CAC

Justice Nicholas Oweibo made the order pursuant to a motion ex-parte filed by the Economic and Financial Crimes Commission, EFCC which is investigating the Speaker for offenses of conspiracy, diversion of funds, abuse of office and money laundering.

The EFCC said it filed the matter “Pursuant to section 44 (2) (K) of the Constitution of the Federal Republic of Nigeria 1999 (as amended) and section 26, 29, and 34 (1) of the Economic and Financial Crimes Commission (Establishment) Act, 2004.

After reading the affidavit evidence made by an EFCC investigator, Muhammed Abubakar, and listening to the submissions of the EFCC Counsel Ibrahim Suleiman, the court granted the order on September 15, 2020.

Meanwhile, the Speaker is said to have honored the EFCC’s investigation today to answer questions on the allegations made against him.

Akahi News Recommends This Source Link For Details

Categories: Latest News

Tagged as: TVNews

Leave a Reply

Your email address will not be published.