Court Orders EFCC To Freeze 3 Bank Accounts Traced To Lagos Speaker (Photos)

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…

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.

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