Kogi threatens to sue EFCC over alleged diversion of N20bn bailout fund

 The Kogi State Government, on Thursday threatened legal action against the Economic and Financial Crimes Commission (EFCC) over a recent order of court that froze N20billion in its bank account.

Commissioner for Information, Hon. Kingsley Fanwo stated this at a press briefing on the matter.

Fanwo accused the EFCC of having misled the court through presentation of alleged false documents to obtain the court order.

“The EFCC has accused us wrongly and the intent is to drag our image in the mud. We shall challenge the EFCC at the Court to substantiate their blatant allegation.

“We are not fighting the EFCC but we need to test the allegations they have made before a court of competent jurisdiction in the light of verifiable facts at our disposal,” Fanwo said.

The Lagos Division of the Federal High Court on Tuesday ordered the freezing of the Kogi State salary bailout account domiciled in a new generation bank over an alleged N20 billion loan obtained from the bank.

The Presiding Judge, Tijjani Ringim, said the order would subsist pending the conclusion of investigation or possible prosecution by the EFCC.