EXCLUSIVE: FG freezes bank accounts of suspects on ‘looters list’

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The federal government has frozen the bank accounts of suspects being tried in court over allegations of corruption by the Economic and Financial Crimes Commission (EFCC), TheCable can report.

This, TheCable understands, is part of the implementation of the Executive Order No. 6 on the “preservation of suspicious assets connected with corruption and other relevant offences” signed by President Muhammadu Buhari in October 2018.

The federal government has also  placed a travel ban on the affected persons, but the list is yet to be officially made public.

“I issued a cheque of N250,000 to a friend and it was turned down,” a former minister who was affected informed TheCable.

“When I called my account officer, he invited me for a meeting, where I was told there is a ‘post no debit’ instruction on all my accounts because of the executive order. They told me I am not the only…



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