Edo State Governor Okpebholo has ordered the immediate freezing of all state accounts, signaling a review of financial management and governance.
Governor Monday Okpebholo of Edo State has mandated the immediate freezing of all bank accounts owned by the state, to remain in effect until further notice.
The directive, revealed on Thursday, seeks to enhance financial oversight within the state.
In a statement from Mr. Fred Itua, the Chief Press Secretary to the governor, Okpebholo stressed rigorous adherence and directed commercial banks as well as leaders of Ministries, Departments, and Agencies to promptly comply with the order.
The governor cautioned that those who do not comply would encounter serious repercussions.
All bank accounts in commercial banks have been frozen. These banks must adhere to the directive and guarantee that no funds are withdrawn from government reserves until further notice is given.
Heads of Ministries, Departments, and Agencies are required to adhere to this directive promptly and ensure complete compliance without any additional delays.
“Following the essential investigations and reconciliations, the Governor will take appropriate action and determine future steps. Until then, this order remains in effect,” stated the announcement.
