President Bola Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to immediately return to court and vacate the order freezing the accounts of the Osun State Government.
The President said the directive was necessary to protect public confidence in the democratic process, noting that the state was only days away from its governorship election.
Tinubu, in a statement issued by the State House on Thursday, said he was not opposed to the EFCC’s exercise of its statutory powers but expressed concern over the timing of the action.
“It has come to my notice that the Economic and Financial Crimes Commission (EFCC) obtained a court order on August 5, 2026, freezing the accounts of the Osun State Government.
“I must state that I feel deeply embarrassed not by the EFCC’s exercise of its mandate backed by a court order, but by the timing of the agency’s action,” the President said.
The EFCC had obtained the order as part of its investigation into alleged financial infractions involving the Osun State Government.
The commission had earlier defended the move, insisting that its actions were within the law and that it had the authority to place restrictions on accounts suspected to be linked to financial crimes.
