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Home News Court Grants EFCC Order to Freeze Bank Accounts of Lagos Assembly Speaker

Court Grants EFCC Order to Freeze Bank Accounts of Lagos Assembly Speaker

Mustapha Muhammad Tukur

A Lagos Federal High court has granted the Economic and Financial Crimes Commission (EFFC) an order to freeze three bank accounts belonging to Lagos state House of Assembly speaker, Hon. Mudashiru Ajayi Obasa over allegations of financial recklessness.

Before the court order, Mr. Obasa was earlier on Thursday at the EFCC office in Abuja where he honoured an invitation by the commission which they sent to him based on a petition filled by Civil Society Network Against Corruption (CISNAC).

Obasa in recent times has been under investigation following a series of allegations levelled against him on misappropriation of the House funds including lavish expenses.

It was uncovered that Obasa operates over 60 bank accounts and used his office to misappropriate funds and allocate contracts to himself through third party sources, as well as other acquaintances, releasing some classified documents to back up their report.

He was also alleged to have spent N258m to print invitation cards for the inauguration of the 9th Assembly.

The Speaker also allegedly approved N80m as estacode for 20 wives of some lawmakers to travel to Dubai, while his wife collects N10m monthly from the House.

The Speaker had consistently denied all the allegations, insisting that it was the handiwork of his detractors.

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