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    Home » Okpebholo Orders Immediate Freezing of State Bank Accounts

    Okpebholo Orders Immediate Freezing of State Bank Accounts

    Hints NewsBy Hints NewsNovember 14, 2024No Comments2 Mins Read
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    Edo State Governor, Senator Monday Okpebholo has ordered the freezing of all State-owned bank accounts with immediate effect.

    The Governor in a statement issued Thursday by his Chief Press Secretary, Fred Itua also warned commercial banks, heads of Ministries, Departments and Agencies (MDAs) to comply with the order immediately without any delays.

    Okpebholo warned that anyone, including heads of MDAs and civil servants who flout the order would be severely punished.

    He said: “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.

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    “Heads of Ministries, Departments and Agencies must comply with this order and ensure that there is a full compliance without any further delays.

    “After the necessary investigations and reconciliations, the Governor will do the needful and decide on the way forward. For now, this order stands. “

    Also, the Governor has asked the relevant government agencies to reverse the Ministry of Roads and Bridges to the Ministry of Works.

    The reversed infamous name was conceptualised during the administration of Godwin Obaseki.

    Okpebholo said since no bridges or good roads were constructed by the administration of Obaseki, it was therefore absurd to maintain such a name.

    The Governor, has therefore, ordered relevant government agencies to implement the new order and immediately reflect the new name.

    Okpebholo added: “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.”

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