Following an alleged fraud of N9.9bn, the Federal High Court in Lagos on Tuesday ordered the freezing of three bank accounts said to belong to the Lagos State Government.
The news website reports that Justice Chuka Obiozor ordered the “suspension” of the bank accounts following an ex parte application by the Economic and Financial Crimes Commission.
The EFCC had prayed the judge to freeze the accounts pending the conclusion of the investigation and possible prosecution of the Permanent Secretary in the Office of the Chief of Staff to the Governor of Lagos State, Adewale Adesanya, for money laundering.
In an affidavit filed in support of the ex parte application, a member of the EFCC investigating team, Kungmi Daniel, said the commission discovered “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 former governor Akinwunmi Ambode and operated by Adesanya.
Daniel said the schedule of the FCMB account showed how Adesanya and the other signatories to the account made fraudulent transfers from the accounts of the Lagos State Government and dissipated the funds housed in the said accounts.
“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),” the investigator said.
After listening to submission by the EFCC lawyer, Mohammed Abbas, Justice Obiozor granted the prayers.
He adjourned further proceedings in the matter till August 9, 2019.