EFCC monitors bank accounts of state governments

There are strong indications that the Economic and Financial Crimes Commission is monitoring the bank accounts of various states to prevent outgoing governors from looting their state coffers.

It was gathered that the bank accounts of many states, including that of Imo, Kano, Kwara, Lagos and others, might have been placed under special watch.

Sources informed our correspondent on Friday that the commission was particularly focusing on outgoing governors who might want to siphon public funds before leaving office.

The action was sequel to intelligence report about suspicious financial activities by top officials of the concerned states.

This is happening barely one week after the arrest of the Imo State acting Accountant-General, Mr Uzoho Casmir, on allegations of withdrawing N1.050bn from the state coffers for vote-buying on the instruction of Governor Rochas Okorocha.

Uzoho’s arrest on Thursday last week followed intelligence report that the governor allegedly intended to use the money for vote-buying in favour of his preferred candidate in the March 16 governorship elections.

The anti-graft agency was also said to have uncovered about N1bn cash withdrawal by the Kwara State Government, a week before the February 23 presidential and National Assembly elections.

Investigations by the EFCC operatives revealed that the money was withdrawn from the state’s account domiciled with Sterling Bank.

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