November 14, 2024
By Idris Buba
Edo State Governor, Monday Okpebholo, has instructed commercial banks, ministries, departments, and agencies MDAs, to comply with the order of immediate freezing of all state-owned bank accounts or face severe consequences.
Okpebholo, had on Thursday, directed the immediate freezing of all state-owned bank accounts.
In a statement by his Chief Press Secretary, Fred Itua, the governor stated that the accounts would remain frozen until further notice.
“All Edo state bank accounts with commercial banks have been frozen. Commercial banks must comply with this order and ensure that not a single naira is withdrawn from government coffers until further notice.
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“Heads of Ministries, Departments, and Agencies must ensure full compliance without delay.
“Following necessary investigations and reconciliations, the governor will take appropriate action and decide on the way forward. For now, this order remains in effect.”
Okpebholo had also within the last 48 hours directed relevant agencies to revert the name of the Ministry of Roads and Bridges to its former name, Ministry of Works, as it was before Godwin Obaseki administration changed it
“In the coming days, we will examine further actions taken by the previous administration and make decisions that serve the best interests of the state.”
