The Economic and Financial Crimes Commission (EFCC) have secured freezing orders on Three bank accounts linked to Ex-Gov. Ambode over alleged N9.9bn fraud. This was announced over an hour ago in a post on EFCC Facebook page.
According to the commission, only about N300 million are now left in the three accounts. The accounts are domiciled in 3 banks namely First City Monument Bank, FCMB, with account number 5617984012; Access Bank with account number 0060949275 and Zenith Bank with account number 1011691254, respectively.
The order was given following an ex-party application filled by the EFCC
Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, August 6, 2019, ordered the freezing of the sum of three accounts belonging to the Lagos State government over alleged N9.9 billion fraud.
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.
Kungmi Daniel, the EFCC operatives that disposed to the affidavit, stated that there was a huge inflow of N9.9 billion from the state accounts into an FCMB bank account opened on September 2018 during Ambode’s administration as the governor of Lagos and operated by Adewale Adesanya.
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.
Kungmi further stated that the statement of the account shows how Adesanya and other signatories made fraudulent transfers fro Lagos government account and spent the funds.
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.
Counsel to the EFCC, Mohammed Abbas, also confirmed that the accounts managed by Adesanya always witnessed huge inflow from Lagos State Government and therefore prayed the court to grant the freezing order to enable it conclude its investigations.
The EFCC counsel further stated that:
“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.
The case was adjourned for further proceedings to September 9, 2019.