EFCC Says It Froze Osun Government Accounts Over Alleged ₦11bn Fund Diversion

The EFCC says it placed a Post No Debit order on Osun State Government accounts after detecting what it described as suspicious transfers to corporate entities from 2 August 2026. The commission says it has been investigating the state government since March over the alleged handling of ecology funds, intervention funds and FAAC allocations totalling about ₦11 billion. It says some state officials, including the Accountant General, have been questioned. According to the EFCC, the account restriction was a preventive measure to protect public funds and was not influenced by the approaching governorship election. The commission says its investigation is ongoing and that it is monitoring the finances of other states as well.

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