…Says, there is no looting of N11b
The Osun state government on Thursday, August 6, 2026, dismissed an allegation by the Economic and Financial Crimes Commission (EFCC) that it froze the state account because of a looted N11 billion.
It emphasised that all material facts point to the fact that the EFCC is pursuing a hatchet job for the All Progressives Congress (APC) in Osun State by illegally freezing the state account and falsely accusing the state government of looting ecological and other state funds.
The Osun State Government described the EFCC allegation as a failed attempt to cover up illegal action through unfounded allegation, stressing that the real reason the commission froze the state account on the order of Gboyega Oyetola was to stop the payment of palliatives which the state government promised the workers some months ago.
It stated that the EFCC has been conducting a witch-hunting investigation since March, 2026, without any indicting evidence against top officials.
The State Government said that its officials are being harassed on a weekly basis, all with the sole aim of distracting them from delivering good governance to the Osun population.
These were contained in a statement by Hon. Oluomo Kolapo Alimi, Commissioner for Information and Public Enlightenment of Osun State in which he stressed that the account freezing by the EFCC marked the climax of Oyetola/Ambo’s historic anti-workers’ obsession.
Alimi said that fortunately, the Governor Adeleke-led Administration has already paid the palliatives to all Osun state workers.
The statement expressed sadness that the EFCC lied just to destroy the image of a state to cover up an illegal action that has backfired, stressing that the alibi from the commission was an afterthought which cannot stand the test of truth in reality and court of public opinion.
The Information commissioner explained that the latest payment of palliatives followed negotiation arising from workers’ request to cushion the effect of the harsh economic climate.
In the words of Alimi; “This was not the first time such a cost of living subsidy was paid to Osun workers. We don’t loot public funds in Osun state; we deliver on public goods and services.
“There is no fund to loot in Osun state as the little resources we have are expended on the many mega projects, workers welfare and sectoral developments for the benefit of the masses.
“We reject attempts to tarnish the image of our hardworking governor. Osun has won several awards on budget and auditing transparency.
“Assuming but not conceding that the EFCC has any evidence of looting as posited, there are established procedures for bringing suspects to book instead of a politically motivated, unlawful freezing of government accounts without recourse to the rule of law,” it stated.


