The Economic and Financial Crimes Commission, EFCC, has disclosed that only N300 million remained in the three accounts operated by the Lagos State Government which the court ordered the commission to freeze on Tuesday.

Justice Chuka Obiozor of the Federal High Court, in Ikoyi, Lagos, had on Tuesday ordered the freezing of the sum of three accounts belonging to the Lagos State government over alleged N9.9 billion fraud.

The alleged fraud was committed under the administration of immediate past Governor of the State, Akinwunmi Ambode.

The funds are domiciled in First City Monument Bank, FCMB, account number 5617984012; Access Bank account number 0060949275 and Zenith Bank account number 1011691254, respectively.

However, the EFCC disclosed that only about N300 million were now left in the three accounts as N9.6 billion had been allegedly stolen.

In Tuesday’s ruling, Justice Obiozor order EFCC to do the needful following an ex-parte application filed by the anti-crime agency.



The EFCC had prayed the court to freeze the account pending the conclusion of investigation and possible prosecution of Adewale Adesanya, the Permanent Secretary in the Office of the Chief of Staff to former Governor Akinwunmi Ambode.

The applicant, EFCC, in an affidavit deposed to by Kungmi Daniel, an operative of the Commission, stated that there was “a huge inflow of N9,927,714,443.29” from the state accounts into an FCMB bank account opened on September 17, 2018 during the administration of the immediate past governor of the state, Akinwunmi Ambode, and operated by Adesanya.

It was further stated that the schedule of the FCMB account showed how Adesanya and other signatories to the account made fraudulent transfer from the accounts of the Lagos State Government and dissipated the funds housed in the said accounts.

In his submission, counsel to the EFCC, Mohammed Abbas, said “The trend in the account is that the account always witnessed huge inflow from Lagos State Government in the above scheduled accounts managed by the respondent (Adesanya)”.

Abbas, therefore, prayed the court to grant an order to temporarily attach and take over the accounts to enable it conclude its investigations.

“There have been concerted efforts and attempts to dissipate the contents of the accounts listed in the schedule to this application.

“Without freezing the nominated accounts and temporarily forfeiting the money to the Government of the Federal Republic of Nigeria, there is no way the fraud being perpetrated using the scheduled accounts can be stopped,” he further told the court.

Consequently, Justice Obiozor granted the prayers of the counsel to the Commission.

The Judge adjourned further proceedings to September 9, 2019.


https://www.pmnewsnigeria.com/2019/08/07/n9-9bn-fraud-only-n300m-remains-in-lagos-three-accounts-efcc/

Toke Makinwa

Mercy Aigbe.


This are the mega projects Ambode spent billions on.

........and when you see this "Olori kodoro" with his head like African Ninja turtle talking, you will think he is a very honest and straightforward individual not knowing that him sef nah #TeamITT

Wetin dey happen?

I thought Ambode was a good governed

Hmmm
Gobe

Check siggy for your Chinese Yuan

Money dey this country but u can only have access to it, if u are a politician, u are related to a politician and you can loot, when I talk about money, na this kind money wey go blow your mind. Animal kingdom, who knows maybe na chicken go carry CBN go this time

Hmmmm.

Well done Tinubu.
You think Nigerians are not aware that you are behind this?

Tinubu, not corrupt.
Buhari, not corrupt.
Ameachi, not corrupt.
Ngige, not corrupt.
Fashola, not corrupt.
Kyari, not corrupt.
Osinbajo, not corrupt.
Akpabio, not corrupt.

Only Ambode is corrupt.

Shame on you all.

Hian!

No man's money

Ok

Ambode they ve come for u.

vv

Dey shld go and check in Tinubu's bourdillion, it's in those bullion vans

This is getting funny

Ambode sharp guy, clear state treasury as revenge. Investigate that fat head. Lagosians will support it

meanwhile, EFCC freezes an account (holding N9.9b) allegedly linked to Gov Ambode. He was elected in 2015 and in just 4 years such a humongous sum was stashed away?
The Great Oracle is answering to the wrong calling!

Fire on the mountain

I swear politician wicked pass devil.... Ambode no get joy although

Lols. Ambode don clear am. Wise Niggi

Where is the so called Lagos IGR dey enter since?

Ambode don enter one chance

They should free this guy abeg!

What would Ambode have done to attract this much persecution from the Lagos caucus.

I still think someone can tell me coz I think this guy wronged some people and they want to make sure they destroy him totally.

Another media trial loading
You guys will declare it empty soon

Neddstark:
Ambode sharp guy, clear state treasury as revenge. Investigate that fat head. Lagosians will support it

just imagine, fraud everywhere

I thought Ambode was a saint

tinubu is a bastard drug dealing
Ambode is a clown

APCshit the holy party, party for the righteous