EFCC arrests Edo accountant general over huge withdrawals

Authorities have apprehended the Accountant General of Edo State, along with two other government officials, for suspected embezzlement of funds from the state’s account. The arrests were made in connection to significant withdrawals that depleted a substantial portion of the funds deposited into the government’s account.

An anonymous source within the EFCC revealed that out of N24.6 billion deposited, approximately N14 billion remained in the account within a short period. The EFCC clarified that their actions were aimed at safeguarding the state’s financial well-being and not to disrupt its operations.

The source mentioned ongoing investigations involving the state governor, emphasizing that the recent arrests were prompted by suspicious transactions from the state’s derivation account. Despite attempts to reach the EFCC’s Head of Media and Publicity for comment, there has been no response.

In a separate development, the Edo State governor-elect raised concerns about alleged financial misconduct by the outgoing administration, urging relevant authorities to investigate the matter.