TRENDING
Oyo pupils shine in maiden sign language contest • Catholic group promotes education, empowerment through Bible quiz • FG Approves Institutional, Financing Framework to Accelerate Electrification of Health Facilities • Regulatory burden biggest challenge facing bookmakers — iLOT MD • FG to blacklist schools, publishers using unapproved textbooks • Responsible governance must guide AI-driven advertising – FG • ‘NIMASA Committed to Building Efficient, Transparent Maritime Administration’ • Nestlé Nigeria Opens Applications for Community Scholarship Programme • Keyamo, Onyema, Others to Grace LAAC 30th Annual Conference • Noor Takaful Surpasses N1.3bn in Surplus Distribution • Stratos Redeems Inaugural N20bn Commercial Paper Issuance • Oando posts N32bn pre-tax loss as finance costs surge • AfCFTA signs $3.1bn customs modernisation deal across Africa • Coleman decries high gas prices amid $20m power investment • NECA decries closure of Lagos factories over land dispute • Godofreda Launches Initiative to Connect African Traders with Manufacturers • BUA Cement Graduates 60 Operators, Offers Automatic Jobs • Pathway Advisors Opens N25bn Series 3 CP Issuance for Zeenab Foods • Nigeria’s new normal: Life under relentless heat • MAN pushes for lending rates below 20% • Oyo pupils shine in maiden sign language contest • Catholic group promotes education, empowerment through Bible quiz • FG Approves Institutional, Financing Framework to Accelerate Electrification of Health Facilities • Regulatory burden biggest challenge facing bookmakers — iLOT MD • FG to blacklist schools, publishers using unapproved textbooks • Responsible governance must guide AI-driven advertising – FG • ‘NIMASA Committed to Building Efficient, Transparent Maritime Administration’ • Nestlé Nigeria Opens Applications for Community Scholarship Programme • Keyamo, Onyema, Others to Grace LAAC 30th Annual Conference • Noor Takaful Surpasses N1.3bn in Surplus Distribution • Stratos Redeems Inaugural N20bn Commercial Paper Issuance • Oando posts N32bn pre-tax loss as finance costs surge • AfCFTA signs $3.1bn customs modernisation deal across Africa • Coleman decries high gas prices amid $20m power investment • NECA decries closure of Lagos factories over land dispute • Godofreda Launches Initiative to Connect African Traders with Manufacturers • BUA Cement Graduates 60 Operators, Offers Automatic Jobs • Pathway Advisors Opens N25bn Series 3 CP Issuance for Zeenab Foods • Nigeria’s new normal: Life under relentless heat • MAN pushes for lending rates below 20%
Osun Govt. Sues EFCC Over ‘Illegal’ Freezing Of Account, Demands N2bn Damages
Back to Home

Osun Govt. Sues EFCC Over ‘Illegal’ Freezing Of Account, Demands N2bn Damages

InformationNG about 4 hours 3 mins read

The Osun state government has sued the Economic and Financial Crimes Commission (EFCC) over the freezing of its statutory allocation account.

In the suit marked FHC/ABJ/CS/1762/2026, filed on August 5 before the federal high court in Abuja, the plaintiffs are asking  the court to nullify the anti-graft agency’s directive and award N2 billion as exemplary damages against the commission.

Ademola Adeleke, the state governor; the attorney-general of Osun; and the accountant-general of the state are the plaintiffs in the suit, while the EFCC, its executive chairman, and First Bank of Nigeria Limited are listed as defendants.

The plaintiffs are asking the court to determine whether the EFCC has the lawful authority to freeze, restrict or place a post-no-debit order on the state’s statutory account without first obtaining a valid court order.

They also want the court to determine whether the anti-graft agency’s directive to First Bank to freeze the account, without a prior or concurrent order of a court of competent jurisdiction, “does not constitute an egregious act of executive lawlessness, an unlawful resort to self-help, a flagrant abuse of statutory powers, an unlawful suppression of the constitutional powers and functions of the Plaintiffs, a threat to the constitutional and corporate existence of Osun State, a brazen and unlawful denial of the democratic rights and dividends of the people of Osun State, and a direct violation of the fundamental constitutional principles of due process, the rule of law, and the financial autonomy of a federating unit?”

According to the originating summons, the EFCC issued a letter dated August 5, 2026, with reference number CR:3000/EFCC/ABJ/HQ/PFS/TA/OSUN/VOL.17/666, directing the bank to freeze the state’s statutory allocation account.

The plaintiffs contend that neither the EFCC nor the bank can lawfully freeze or restrict access to the account without a subsisting order of a court of competent jurisdiction.

Among the reliefs sought, the Osun government is asking the court to declare that the freezing, restriction, blocking or placement of a post-no-debit order on its statutory allocation account without a valid court order is unlawful, unconstitutional, null and void.

It also seeks declarations that the EFCC is bound to act strictly in accordance with the constitution and the EFCC Establishment Act and cannot freeze a state’s statutory allocation account by mere administrative directive.

The state further wants the court to declare that First Bank cannot lawfully deny it access to the account based solely on the EFCC’s August 5 letter “except in the manner stipulated by law”.

The plaintiffs are also asking the court to set aside and nullify the freeze placed on the account, issue perpetual injunctions restraining the defendants from further interfering with the account without judicial authorisation, and award N2 billion as exemplary and aggravated damages for what they described as “unlawful interference with public funds”.

The post Osun Govt. Sues EFCC Over ‘Illegal’ Freezing Of Account, Demands N2bn Damages appeared first on Information Nigeria.

This article was sourced from an external publication.

Share this article
OneClick Africa Logo

Africa's premier digital hub for impactful news, entertainment, and business insights.

© 2026 OneClick Africa. All rights reserved.