The Economic and Financial Crimes Commission (EFCC) has detained Edo State Accountant General, Mr. Julius Anelu, along with four other top government officials, just days before Governor Godwin Obaseki’s term ends. The arrest, occurring less than 11 days before the handover to Governor-elect Sen. Monday Okpebholo, comes in response to alarming financial activities within the state government accounts, according to reports.
The EFCC reportedly intervened due to significant withdrawals from Edo’s government accounts. Out of the N24.6 billion initially deposited, only N14 billion remained within a week. This rapid depletion raised red flags, suggesting potential financial irregularities, and prompted immediate action from the anti-graft agency to secure the funds before the administration transition.
Following these arrests, the state government has faced a near shutdown of essential functions. Civil servants’ salaries, pensions, and other critical financial obligations have stalled, creating turmoil at a pivotal transition period. Statutory payments, including security expenses, have also been disrupted, leaving a vacuum in Edo’s financial governance.
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The timing of these arrests so close to the power transfer has fueled speculation. Some see it as a protective measure to prevent last-minute misuse of public funds by the outgoing administration, while others hint at possible political motivations. The lack of a formal statement from the EFCC only heightens the suspense surrounding the move, leaving citizens and officials alike in anticipation.
As of now, the EFCC has not issued an official statement detailing the arrests, and the public is left with unanswered questions