The Edo State Governor, Monday Okpebholo, has ordered the immediate freezing of all state-owned bank accounts.
In a statement released on Thursday by his Chief Press Secretary, Fred Itua, the governor indicated that the accounts would remain frozen until further notice.
The governor also warned commercial banks and heads of Ministries, Departments, and Agencies (MDAs) to comply with the order immediately and without delay.
The statement noted that Okpebholo cautioned that anyone, including heads of MDAs and civil servants, who disregards the directive would face severe penalties.
“All state bank accounts with commercial banks have been frozen. Commercial banks must comply with this order and ensure that not a single naira is withdrawn from government coffers until further notice.
“Heads of Ministries, Departments, and Agencies must ensure full compliance without delay….