'Election Season Is Not a Shield for Fraud': Tietie Blasts Critics, Says EFCC Was Right to Freeze Osun Account

Published on 8 August 2026 at 09:04

Reported by: Oahimire Omone Precious | Edited by: Oravbiere Osayomore Promise.

A legal practitioner and public affairs analyst, Frank Tietie, has strongly defended the Economic and Financial Crimes Commission's decision to freeze the Osun State Government's bank account, insisting that the anti-graft agency does not need prior consultation or approval before restricting an account suspected of being linked to unlawful transactions. Tietie made the declaration on Friday, August 7, 2026, during an interview on Arise Television, while reacting to the controversy surrounding the EFCC's action just days before the state's August 15 governorship election and President Bola Tinubu's subsequent directive for the commission to vacate the freeze order.

Tietie argued that the President's intervention could amount to interference with law enforcement. "It is a case of hindrance of law enforcement and nearly borders on obstruction to justice," he said. The legal analyst maintained that his position was supported by provisions of the EFCC Establishment Act and the Money Laundering Act, as well as previous decisions of the Court of Appeal. He cited Section 34 of the EFCC Act and Section 7, Subsection 6 of the Money Laundering Act, explaining that the commission has powers under the law to take immediate action against suspicious transactions or accounts, subject to applicable legal limits.

Tietie stated: "The EFCC didn't need to apologise to anybody, didn't also need to consult anybody before exercising its powers to freeze a particular transaction, which I urge it to do, or to freeze a particular bank account, so long as it does not exceed three days. The EFCC chairman and the commission were acting within their powers." He further rejected the argument that the proximity of the Osun governorship election should have restrained the commission from acting, insisting that an anti-graft agency could not ignore suspicious financial activity simply because an election was approaching. "You couldn't expect that a reasonable and responsible commission would see state monies, for example, being ferreted to terrorists in terms of terrorist financing, and you want to say that because of an election season, the EFCC shouldn't exercise these statutory powers?" he asked. He added that failure to act in such circumstances would amount to neglect of duty, describing it as "unpatriotic, illegal and gross negligence on the part of those leading the EFCC."

The EFCC had on Wednesday, August 5, 2026, directed First Bank to place a Post-No-Debit restriction on the Osun State Government Statutory Allocation account, citing an ongoing investigation into the alleged mismanagement of about N11 billion in Ecology Funds, Intervention Funds, and Federal Account Allocation Committee allocations. The commission said the action followed suspicious movement of funds from the state government's accounts into what it described as suspicious corporate accounts, detected from August 2, 2026. However, President Tinubu, in a personally signed statement on Thursday, August 6, directed the EFCC to vacate the freeze, describing the timing of the action as "deeply embarrassing" and potentially damaging to public confidence in the democratic process.

The controversy has drawn widespread reactions from legal experts, political parties, and civil society organisations. The Nigerian Bar Association had earlier warned that restricting withdrawals from a state government's accounts without an express court order could cripple governance and amount to an abuse of power. The Accord Party demanded the resignation of the EFCC chairman, while the African Democratic Congress described the freeze as "political terrorism." Former Vice President Atiku Abubakar condemned the action as a "dangerous assault on democracy." Tietie, however, has stood by his position, insisting that the EFCC acted within its statutory powers and that the President's intervention was unwarranted. His defence of the commission's action underscores the deep divide over the role of anti-corruption agencies in politically sensitive periods and the delicate balance between law enforcement and democratic governance.

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