Edo govt orders freezing of Bank accounts

The Edo State government has ordered the freezing of all state-owned Bank accounts indefinitely, 24 hours after it suspended revenue collection across the State.

On Thursday’s order, conveyed in a statement by Fred Itua,
Chief Press Secretary to Edo State Governor, said is with immediate effect.

He said the Governor also warned commercial banks, heads of Ministries, Departments and Agencies (MDAs) to comply with the order immediately without any delay.

The statement also said
the Governor, warned that anyone, including heads of MDAs and civil servants who flout the order will be severely punished.

“All bank accounts in all the commercial banks have been frozen. Commercial banks must comply with the order and ensure that not a dime is taken out of the confers of Government until there is a further notice.

“Heads of Ministries, Departments and Agencies must comply with this order and ensure that there is a full compliance without any further delays.

“After the necessary investigations and reconciliations, the Governor will do the needful and decide on the way forward. For now, this order stands”, according to the statement.

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