Alleged N9.9bn Fraud: Ambode denies link with frozen accounts


The immediate past governor of Lagos State, Akinwunmi Ambode, says he has no ties with the bank accounts frozen by a federal court over alleged N9.9 billion fraud.

A federal judge on Tuesday ordered the temporary freezing of the accounts, domiciled in Zenith Bank, Access Bank, and First City Monument Bank, following an exparte application brought by the Economic and Financial Crimes Commission.

According to the EFCC, N9.9 billion was paid from the state government’s accounts into the FCMB account opened on September 17, 2018, and operated by Adewale Adesanya, the permanent secretary in the Office of the Chief of Staff to Ambode.

Ambode served as governor between 2015 and 2019.

In a statement on Friday, the former governor said no account of his contained N9.9 billion let alone being frozen by the EFCC.

According to Ambode, the accounts in question that were frozen by the Federal High Court belong to the Lagos State Government and not him or any individual.

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