Following N61.63bn fraud in the commission
The Economic and Financial Crimes Commission (EFCC) has frozen the Ondo State Oil Producing Areas Development Commission’s (OSOPADEC) accounts, following a N61.63billion fraud in the commission, involving the Chairman, Debo Ajimuda, and some of Governor Olusegun Mimiko’s aides.
According to a source in the Commission, the accounts were frozen to prevent further looting, and only the staff salaries account was left active.
The EFCC had arrested Ajimuda and recovered cars and foreign currency from his residence, while some of the governor’s aides were also invited for questioning
Ajimuda was recently released on bail; however, he is said to have given the agency information on how the funds meant for the development of the state were mismanaged by the state governor.
The EFCC has summoned five OSOPADEC officials, including the state’s Accountant General and Commissioner for Finance, have been summoned by the EFCC to answer questions on the fraud.
