The Economic and Financial Crimes Commission (EFCC) says it froze the bank accounts of the Osun State government over the alleged fraudulent handling of ₦11 billion in ecological and intervention funds.
In a statement issued on Wednesday, the anti-graft agency disclosed that it has been investigating the state government since March over the suspected mismanagement of the funds.
The EFCC said the decision to place restrictions on the accounts followed findings from its ongoing probe into how the ecological and intervention funds were handled.
Further details are expected.
