• Freezing suspects’ accounts is backed by law, says EFCC

    Freezing suspects’ accounts is backed by law, says EFCC

    The Economic and Financial Crimes Commission (EFCC) says freezing of accounts suspected of being used for financial crimes is a mandatory investigative step backed by law.

    The anti-graft agency was responding to reactions that trailed the freezing of accounts of suspects that were investigated or currently being investigated.

    A statement by the Head, Media and Publicity of the EFCC, Wilson Uwujaren, on Monday stressed the need to explain the reason behind the actions in order to prevent misinformation.

    “Indeed, Section 34 (1) of […]