Osun State Governor Drops EFCC Lawsuit After President Tinubu Intervention

• Osun State Governor Ademola Adeleke has instructed his Attorney-General to withdraw a N2 billion lawsuit against the EFCC.
• The decision comes after President Bola Tinubu intervened in the matter, calling Governor Adeleke to put an end to the dispute.
• Some officials and supporters of the governor were being invited by the EFCC for questioning, but they were released after no wrongdoing was established.

I'm putting them behind. What else do I want? I have instructed my Attorney General to drop it. Mr President has done well. He called me. What more do I want?

Governor Ademola Adeleke of Osun State has instructed his Attorney-General to withdraw the N2 billion lawsuit filed against the Economic and Financial Crimes Commission (EFCC) over the freezing of the state government's bank account. This decision comes after President Bola Tinubu intervened in the matter, calling Governor Adeleke to put an end to the dispute. According to sources, some officials and supporters of the governor were being invited by the EFCC for questioning, but they were released after no wrongdoing was established. The governor has directed his lawyers to provide assistance to those affected.

The freeze on the state government's bank account was a contentious issue during Governor Adeleke's campaign, with him accusing the EFCC of acting unlawfully. The governor had slammed a N2 billion suit against the EFCC over the matter, but has now decided to drop it following President Tinubu's intervention. This development may have implications for the compliance exposure of state officials and their potential liability for the frozen bank account. Lawyers should note that this decision requires them to review and update their risk management strategies accordingly.

Governor Adeleke's decision to drop the lawsuit against the EFCC may have significant implications for the state government and its officials. The freeze on the bank account was a major issue during his campaign, and dropping the lawsuit may be seen as a sign of goodwill towards President Tinubu and the APC. However, some critics have accused Governor Adeleke of being too quick to drop the lawsuit, suggesting that he may have been pressured by the President or other external factors.

Lawyers should note that Governor Adeleke's decision to drop the lawsuit may impact the compliance exposure of state officials and their potential liability for the frozen bank account, requiring them to review and update their risk management strategies accordingly.

Source: Original reporting via Vanguard