Justice Chuka Obiozor gave an order on Monday in the effect of an appeal to the Economic and Financial Crimes Commission (EFCC) file to investigate the case of fraud over the three accounts used by the Lagos State government.
The three bank accounts, which are affected by these are: First City Monument Bank, Access Bank, and Zenith Bank, are numbered 5617984012, 0060949275 and 1011691254, respectively.
The anti-graft agency had urged the Federal High Court to freeze the accounts until 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.
An official of the EFCC, 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 the former governor, Akinwunmi Ambode, which was operated by Adesanya Adewale.
Daniel Kungmi 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. According to him, “The account always witnessed huge influx from Lagos State Government account to the above-scheduled accounts managed by the respondent (Adesanya Adewale).
According to Mohammed Abbas, the EFCC Lawyer, ”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,”.
With this explanation by Mohammed Abbas, the EFCC Lawyer, the case is being adjourned till August 9th, 2019.