raided

Why EFCC raided Ambode’s residence

Why EFCC raided Ambode’s residence

The Economic and Financial Crime Commission Tuesday raided the residence of the former governor of Lagos State in Epe.

EFCC spokesman Tony Orilade told The Guardian that the raid was in connection with an ongoing investigation into finances of Lagos State under the former governor.

“It is just the continuation of the ongoing investigation,” Orilade said.

The commission secured a court to freeze three accounts of the state earlier in the month. The accounts are domiciled in First City Monument Bank, Access Bank and Zenith Bank.

The accounts, EFCC said, needed to be frozen until the conclusion of the investigation