Obasa: Court Orders EFCC To Freeze 3 Bank Accounts Traced To Lagos Speaker

[Edoman]

EXCLUSIVE: EFCC Secures Court Order To Freeze Three Bank Accounts Belonging To Lagos Assembly Speaker, Obasa

In obtaining the ex-parte order, the EFCC said the bank accounts are being investigated for conspiracy, diversion of funds, abuse of office and money laundering.

BY SAHARAREPORTERS, NEW YORKOCT 08, 2020

The Economic and Financial Crimes Commission has obtained a court order granting the temporary forfeiture of three bank accounts belonging to Speaker of the Lagos State House of Assembly, Mudashiru Obasa.

The court order was obtained from the Federal High Court, Lagos, on September 15, 2020.

The bank accounts are to be frozen pending an investigation by the EFCC.

The three bank accounts frozen are domiciled in Standard Chartered Bank under the name Mudashiru Ajayi Obasa.

In obtaining the ex-parte order, the EFCC said the bank accounts are being investigated for conspiracy, diversion of funds, abuse of office and money laundering.

DOCUMENT: EFCC Secures Court Order to Freeze Three Bank Accounts Belonging to Lagos Assembly Speaker, Obasa... by Sahara Reporters on Scribd

SaharaReporters had exclusively published series of reports highlighting how Obasa embezzled millions of public funds in flagrant abuse of office.

Some of the reports revealed how he operates over 64 bank accounts using different names to conceal his identity.

http://saharareporters.com/2020/10/08/exclusive-efcc-secures-court-order-freeze-three-bank-accounts-belonging-lagos-assembly

[Edoman]

Court orders interim forfeiture of funds linked to Lagos speaker, Mudashiru Ajayi Obasa







The Economic and Financial Crimes Commission (EFCC) has obtained a court order which granted the temporary forfeiture of funds linked to speaker of the Lagos house of assembly, Mudashiru Ajayi Obasa. 
 
The anti-graft agency had in a motion dated August 12, 2020 and marked FHC/L/CS/1069/2020, sought for the interim forfeiture of funds found in three bank accounts linked to the Lagos speaker. 
 
The three bank accounts in Standard Chartered Bank are said to be a domiciliary, current and savings accounts. 
 
EFCC spokesperson, Wilson Uwujaren has also confirmed that Obasa was at the agency’s office for questioning. He said the speaker was being grilled over corruption allegations against him.