Stella Dimoko Korkus.com: EFCC Freezes N10billion Stashed In An Account Linked To Former Gov Ambode

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Wednesday, August 07, 2019

EFCC Freezes N10billion Stashed In An Account Linked To Former Gov Ambode

Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, ordered the freezing of the sum of N9.9bn belonging to the Lagos State government but linked to former Governor, Akinwunmi Ambode.







Justice Chuka Obiozor gave the order, following an ex-parte application filed by the Economic and Financial Crimes Commission, EFCC.


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 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.
from dailypost



Hmmm this is shocking that this will happen under an administration that preaches against corruption eeeeeeeeeeeeeeeh

12 comments:

  1. Stella, you mean the integrity fraud administration? We aren't surprised, a good number of them are like this and for this coming out to the public knowledge is because Ambode isn't their favorites anymore. Local man is just like a political orphan.

    ReplyDelete
    Replies
    1. Women never take a ring and b sleeping ard. Some of Una husbands head Strong!!! Laslas d wife go chase mercy away from dat house or Theifubu go wan humiliate a.m. hands down

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    2. Do you think Mercy will wait till she is humiliated before leaving that house...... tax payers money. Shebi she say she don go back to Gentry. God will judge all looters of our economy.

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  2. Jeez!! No wonder Lagos roads are horrible! Surely, HELL awaits all our leaders!! B

    ReplyDelete
  3. Ghen ghen.

    This has happened only because Ambode is not a full time loyalist.


    I fear who nor fear all these polithiefcians...

    10 billion...

    ReplyDelete
  4. 10 billion for the account o ...
    Versace and Gucci for the body...

    Uncle Akin, Why?
    This is one of the reasons Lagos roads became so bad.

    ReplyDelete
  5. Man must chop. Better yet, Ambode and his cronies must chop by hook or by crook. Which way Nigeria?

    ReplyDelete
  6. Same old crooked Polithievicans.
    I weep for my country.

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  7. Ambode is nothing but epitome of disgrace. They ought to audit Lagos state financial dealings for the past four years to unearth how much Ambode might have embezzled along with tinubu. It's sadden to read about these politicians looting without recourse to the negative impact on the society.

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  8. And our dear Tinubu and Fashola are obviously saints.

    The problem with Nigeria in Prof. Achebe's voice.

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  9. Ff e reach to nail Yoruba man, them send Igbo judge. E reach Igbo man, dem send Yoruba judge. Then wen e reach to judge aboki mata, dem go send fellow aboki judge. There's God o, The Supreme Jndge of ALL. Corruptim everywhere with them drum belle

    ReplyDelete

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