Edo: Gov Okpebholo Freezes All State-Owned Bank Accounts

The Edo State Governor, Monday Okpebholo, has ordered the immediate freezing of all state-owned accounts in commercial banks until further notice.

In a statement by his spokesman, Fred Itua, the new governor said the decision became necessary to investigate the activities of the past administration in the state.

The statement instructed all the commercial banks, heads of ministries, departments and agencies to comply with the order.

“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,” the statement said.

The governor also directed the immediate renaming of the Ministry of Roads and Bridges to the Ministry of Works.

“It is funny how you can call a government institution Ministry of Roads and Bridges. Ironically, no single bridge was built by the same administration, not even a pedestrian bridge.

“In the coming days, we will look at more actions taken by the previous administration and more decisions will be taken that will be done in the best interest of the state,” said the governor.