Wednesday, February 21, 2024

Court freezes naira, dollar accounts run by Lagos Speaker Obasa

The freeze comes as anti-graft EFCC calls in Mudashiru Obasa for questioning amidst multi-billion naira fraud allegations.

• October 8, 2020
Mudashiru Obasa
Mudashiru Obasa

The Lagos Division of the Federal High Court on Thursday ordered a temporary confiscation of three bank accounts run by Lagos House of Assembly Speaker Mudashiru Obasa.

The three accounts, two denominated in naira while the third holds U.S. dollar deposits, were frozen based on a request of the anti-graft EFCC.

Mr. Obasa was called in for questioning earlier today by the EFCC. The freeze on his account came hours after he arrived at the EFCC field office in Lagos.

Mr. Obasa, from Agege, faces multiple claims of fraud to the tune of N9 billion. He has consistently denied all charges, dismissing them as the antics of his political detractors. 

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