The Edo State Governor, Monday Okpebholo, has ordered the immediate freezing of all state-owned accounts in commercial banks until further notice.
A statement by Fred Itua, the Chief Press Secretary to the Governor released on Thursday in Benin City, warned commercial banks, heads of Ministries, Departments and Agencies (MDAs) to immediately comply with the order without any delays.
Okpebholo also warned that anyone, including heads of MDAs and civil servants, who flouted the order would be severely punished.
According to him, all bank accounts in all the commercial banks have been frozen. Commercial banks must comply with the order and ensure that not a dime is taken out of the coffers of the government until further notice.
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“Heads of Ministries, Departments, and Agencies must comply with this order and ensure full compliance without any further delays.
“After the necessary investigations and reconciliations, the Governor will do the needful and decide on the way forward. For now, this order stands,” the statement reads.
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