Alleged fraud: Court freezes bank accounts of Lagos speaker, Obasa

Alleged fraud: Court freezes bank accounts of Lagos speaker, Obasa

- The EFCC has obtained a court order against the speaker of the Lagos Assembly, Mudashiru Obasa

- The anti-graft agency accused Obasa of money laundering and diversion of funds

- The speaker has denied engaging in fraudulent activities

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The Economic and Financial Crimes Commission (EFCC) has secured a court order freezing three bank accounts linked to Mudashiru Obasa, the speaker of the Lagos state House of Assembly.

Premium Times reported that the anti-graft commission obtained the court order from the Federal High Court in Lagos with suit number; FHC/L/CS/1069/2020.

Alleged fraud: Lagos speaker Obasa land in EFCC trouble
Obasa is being investigated for alleged diversion of funds. Photo credits:
Source: Twitter

The court directed that the bank accounts be frozen pending the conclusion of an ongoing investigation into the allegations of diversion of funds, abuse of office and money laundering levelled against him.

Alleged fraud: Lagos speaker Obasa land in EFCC trouble
The front page of the court order. Photo credits: Sahara Reporters
Source: UGC

According to the court papers obtained by Sahara Reporters, the anti-graft agency said it filed the matter in pursuant to relevant sections of the Nigerian constitution and the EFCC Act.

Several reports have alleged that the speaker has been involved in contract scandals, money laundering, among others. He has denied the allegations.

Meanwhile, the Senate has called for the reform and rebranding of the EFCC in its fight against corruption, economic and financial crimes in the country. gathered that the call was made on Tuesday, October 6, by the Senate committee on anti-corruption and financial crimes in Abuja.

The chairman of the committee, Senator Suleiman Kwari expressed the desire of the upper legislative chamber to see a reformed anti-graft agency.

In another report, a chieftain of the Peoples Democratic Party (PDP), Clement Faboyede has accused the EFCC of disrespecting him for parading him like a thief.

He testified during his trial for allegedly laundering N500million in the build-up to the 2015 general elections.

He said he was humiliated by the conduct of the anti-graft agency.

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