Court okays temporary seizure of funds linked to Obasa

Mudashiru Obasa

A Federal High Court in Lagos has granted a motion for temporary forfeiture of funds linked to the Speaker of the Lagos State House of Assembly Mudashiru Obasa.

The Economic and Financial Crimes Commission (EFCC) had in a motion dated August 12 and marked FHC/L/CS/1069/2020 asked the court to issue an order directing that the funds in three bank accounts be forfeited in the interim.

The commission said the three bank accounts are “being investigated for the offences of conspiracy, diversion of funds, abuse of office and money laundering.”

Obasa was invited for interrogation by EFCC operatives on Thursday, spokesman for the anti-graft agency Wilson Uwujaren had said.

While one of the bank accounts (001852963) is a domiciliary account, the other two (001852956 and 5002349821) are naira current and savings accounts respectively.

The court ruled in favour of the commission on September 15 after hearing the application filed by EFCC counsel S. Sulieman.

Obasa is being accused of embezzling public funds and abusing his office.

He had been cleared of all allegations by the State House of Assembly.