Governor Monday Okpebholo of Edo on Thursday, ordered the freezing of all state-owned bank accounts with immediate effect, until further notice.
The governor also warned commercial banks, heads of Ministries, Departments and Agencies to comply with the order immediately without any delays.
This was disclosed in a statement by Mr Fred Itua, Chief Press Secretary to the governor.
Governor Okpebholo warned that anyone who flouted the order would be severely punished.
“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.
“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,” the statement read.
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