Court freezes 67 bank accounts over alleged N53 million fraud

The Federal High Court, Abuja Division, has granted EFCC’s application to freeze 67 bank accounts domiciled in different banks over an alleged N52.9 million fraud.
Justice Emeka Nwite granted the application after the EFCC’s lawyer, Martha Babatunde, moved an ex parte motion to the effect.
The motion ex parte, marked FHC/ABJ/CS/1895/V/2024, was filed by Miracle Anameze.
The motion sought an order empowering EFCC chairman Ola Olukoyede, or any other officer of the commission empowered by him, to instruct the managing directors of the banks to stop all outward payments, operations, or transactions (including any bill of exchange) in respect of the bank accounts pending the conclusion of the investigation.
When the matter was called, the anti-graft lawyer informed the court that the application was dated December 16 and filed on December 17.
“Our motion prays for an order of this honourable court freezing the bank accounts as stated in the schedule attached. There are three grounds attached,” she said.
Ms Babatunde urged the court to grant the application. The judge then asked the lawyer how long the investigation would take, and she said it would take 90 days.
The judge, who held that the application was meritorious, granted the prayer.
He adjourned the matter until March 24 for mention.
On the three grounds of argument, the lawyer said the court was empowered to grant reliefs sought.
She said the bank accounts in respect to which the order was sought contained proceeds of crime and that there was a need to prevent the dissipation of the funds.
She said the accounts in respect of which the reliefs were sought were the subject matter of investigation by the EFCC.
In the affidavit deposed to by Ikenna Chukwueze, an investigator attached to the EFCC’s Procurement Fraud Section, the officer said he was part of the team assigned to investigate the matter.
He said the commission received a criminal petition on October 17, 2023, accompanied by the statement of account of Advance Development Services Engineering Limited (ADSEL) and signed by one Nnamdi Micheal Ogobuchi on behalf of ADSEL and Dollah Kingsley Nnamdi against Taiwo Abubakar Oluwajuwon and Heasy Enterprises.
He said the petition alleged the offence of internet-related fraud, conspiracy and unauthorised withdrawal involving N52.991 million.
Mr Chukwueze said the team commenced a discreet and thorough investigation into the matter to ascertain the veracity or otherwise of the petition.
According to him, the preliminary investigation conducted revealed that the petitioner operates a corporate naira account no. 10277491959 with VFD Microfinance Bank.
He said on October 16, 2023, the petitioner’s corporate account was compromised, wherein N50 million was withdrawn from the account in quick succession to an account domiciled with Moniepoint Microfinance Bank with the account name Heasy Enterprises (8220378843) owned by Mr Oluwajuwon.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Education
20,000 teachers get N50,000 wardrobe allowance each in Akwa Ibom
Governor Umo Eno has approved a N50,000 wardrobe allowance for each of the 20,000 teachers employed by the Akwa Ibom government.

States
Police nab suspected streetlight vandals, thieves in Enugu
The police command in Enugu has detained five suspects in three separate operations involving alleged vandalism and theft of public infrastructure.

World
Germany arrests former head of intelligence for espionage, treason
Police have arrested the former head of Germany’s BND foreign intelligence agency, August Hanning, on suspicion of espionage.

Abuja
Abuja residents urge AEDC to enlighten public on MAP refund scheme
Abuja residents have called on the Abuja Electricity Distribution Company to intensify public enlightenment on the Meter Asset Provider refund scheme.

Education
Oshodin releases debut novel ‘Even the Devil Wears a Pretty Smile’, announces African book tour
Nigerian author, poet, and filmmaker Godspower Oshodin has released his debut novel, ‘Even the Devil Wears a Pretty Smile’.

Politics
Reps urge INEC to disqualify candidates not in party registers
The Committee on Electoral Matters has urged INEC to audit party membership registers and disqualify candidates whose names are not on them, as stated in the Electoral Act 2026.





