Probe plot to swindle Osun LGs of N12.75 billion, PDP tasks IGP, EFCC

News Update

THE Osun State chapter of the Peoples Democratic Party (PDP) has called on the IGP and the Director-General of the EFCC to probe an alleged attempt by the court-sacked APC chairmen in the state to illegally pay out almost N13 billion of the state’s Local Government funds as legal fees.

In a leaked letter trending online, one of the sacked chairmen instructed UBA to pay a law firm (name withheld) 15 percent of the allocation paid into the council’s account last week as legal fees.

In a statement issued in Osogbo on Wednesday and signed by its State Chairman, Hon. Sunday Bisi, the PDP raised alarm over the illegal directive.

The PDP said it gathered authoritatively that the APC Court Sacked-Chairmen in all the 30 Local Government Councils gave the same instruction to the bank.

“The total balance in all the 30 LG accounts is about N85 billion. Fifteen percent of that amount translates to N12.75 billion, which these Court Sacked APC Chairmen have instructed UBA to pay out as legal fees. Fortunately, the Oyo State High Court order of last Friday stopped them and their scheme,” he disclosed.

He added that the Court Sacked chairmen used non-council staff members as treasurers and co-signatories of the letters.

“There is no officer designated as treasurer in the local government scheme of service across the country. Yet these people used individuals who are not local government staff to fill the non-existing position of treasurer. One of those who signed the letter is a non-teaching staff of a private polytechnic in Boluwaduro Local Government Area of Osun State. It is shocking,” the PDP chairman said.

According to the PDP chairman, the letter was written a few days ago to UBA, instructing a 15% deduction from the accounts of local governments to be paid to a legal practitioner with a UBA account.

The PDP said the sacked council chairmen signed IRREVOCABLE LETTERS OF DEDUCTION in favour of the law firm, which were forwarded to a branch of UBA.

The said deduction was to commence from February 2025 to September 2025.

“The Osun APC has descended to the lowest level with outright impunity and deliberate trampling on the law and the constitution.

“Despite a court order and a subsisting case before the Supreme Court, the Osun APC is violating all known laws and public finance rules and regulations,” he said.

An Oyo State High Court on Friday granted an injunction restraining UBA from allowing any payment out of the accounts opened by the APC sacked chairmen, into which the CBN paid the local governments’ seized eight-month allocations.

“We call on the IGP and the Director-General of the EFCC to open criminal investigations into these letters and their authors. All perpetrators of this illegality must be brought to book,” the statement concluded.