Isaac Fayose Condemns EFCC Over Freeze of Osun State Accounts
Ayo Fayose’s younger brother and social commentator, Isaac Fayose, has lambasted the Economic and Financial Crimes Commission over its decision to freeze the account of the Osun State Government, describing it as selective and politically motivated.
In a video posted on his verified Facebook page on Wednesday, Fayose alleged that the anti-graft agency did not do the same against the Ekiti State Government during the June governorship election, despite what he said was large-scale vote buying in the state.
“How do you freeze a whole state account, making nonsense of about four million people?” he asked. “Why did you not freeze Ekiti’s account in June? “Why did you allow Ekiti to buy votes?
The EFCC on Wednesday placed a “Post No Debit” restriction on Osun State’s statutory allocation account domiciled with First Bank barring withdrawals as part of an ongoing investigation of the state government.
Fayose accused the commission of double standards, saying states loyal to the federal government were spared similar scrutiny during elections while Osun was being targeted ahead of its August 15 governorship poll.
He also laments the 2027 general election, alleging that unnamed political forces were planning to manipulate the outcome and called on Nigerians to demand the resignation of the chairman of the Independent National Electoral Commission and the EFCC leadership if they wanted the situation to change.
“If you don’t raise your voice these people will return,” he said. “The more quiet you are, the more they do it.”
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Reacting to the freeze on Wednesday Osun State Governor, Ademola Adeleke, called on EFCC chairman to explain. He described the freeze as illegal because it was done without a court order. The governor said he had instructed the Attorney General to challenge the action at the Federal High Court, Osogbo.
The state’s Attorney General and Commissioner for Justice Oluwole Jimi-Bada had also contended that the EFCC had power to investigate government accounts but not freeze them without first obtaining a court order.
However, the EFCC, in a statement on its official X handle, said it had been investigating the Osun State Government since March 2026 over alleged fraudulent handling of about N11billion in ecology, intervention and FAAC-related funds. The commission said the investigation alone would not have warranted freezing the accounts but said it detected suspicious movement of funds from the government’s accounts starting August 2.
Limiting withdrawals from a state government’s accounts would be tantamount to crippling governance and an abuse of power, warned Afam Osigwe, president of the Nigerian Bar Association.
The Osun governorship election holds on August 15, and Adeleke of the Accord Party is seeking re-election.
