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Alleged N3bn fraud: Court freezes Lagos State agency’s account

The Federal High Court in Lagos has frozen the Zenith Bank account of the Lagos State Government Number Plate Production Authority over an alleged fraud of N3bn.

Justice Mohammed Idris made the freezing order following an ex parte application by the Economic and Financial Crimes Commission.

The judge said the account would remain frozen pending the conclusion of EFCC’s investigations into the alleged N3bn fraud.

The freezing order also affected 32 other bank accounts belonging to companies, which were allegedly used to divert the N3bn from the Lagos State Government Number Plate Production Authority.

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