Immediate past Gov. of Lagos State, Mr. Akinwunmi Ambode
The Federal High Court, Lagos today, ordered the freezing of three bank accounts said to be belonging to the Lagos State Government over an alleged fraud of N9.9 billion.
The three bank accounts are domiciled in First City Monument Bank (FCMB), Access Bank Plc and Zenith Bank Plc numbered 5617984012, 0060949275 and 1011691254, respectively.
The EFCC in an affidavit filed in support of the exparte application and deposed to by Mr. Kungmi Daniel, a member of the EFCC investigating team, said the commission discovered “a huge inflow of N9,927,714,443.29” from the state government accounts into an FCMB bank account opened on September 17, 2018 during the administration of former Governor Akinwunmi Ambode and operated by Adesanya.
Daniel stated that the schedule of the FCMB account showed how Adesanya and the other signatories to the accounts made fraudulent transfers from the accounts of the Lagos State Government and dissipated the funds housed in the said accounts.
He also stated that the trend is that the account always witnessed huge inflow from Lagos State Government in the above scheduled accounts managed by the respondent (Adesanya).
He consequently urged the court to grant the application by making an order to temporarily attach and take over the accounts to enable the anti-graft agency to conclude its investigations.
After listening to submission by the EFCC lawyer, Mohammed Abbas, Justice Obiozor granted the prayers.
He then adjourned further proceedings in the matter till September 9, 2019.