The Federal High Court in Lagos has frozen the Zenith Bank account of the Lagos State Government Number Plate Production Authority over an alleged fraud of N3bn.

Justice Mohammed Idris made the freezing order following an ex parte application by the Economic and Financial Crimes Commission.

The judge said the account would remain frozen pending the conclusion of EFCC’s investigations into the alleged N3bn fraud.

The freezing order also affected 32 other bank accounts belonging to companies, which were allegedly used to divert the N3bn from the Lagos State Government Number Plate Production Authority.

The judge said the account would remain frozen pending the conclusion of EFCC’s investigations into the alleged N3bn fraud.

The freezing order also affected 32 other bank accounts belonging to companies, which were allegedly used to divert the N3bn from the Lagos State Government Number Plate Production Authority.

The investigator said, “Mr. Folorunsho Coker was, as of that time, the Managing Director of the 1st respondent (Lagos State Government Number Plate Production Authority) and also the husband of Aisha Rimi, one of the signatories to the accounts of the 2nd and 3rd respondents – Rimi and Partners and Ekosina Investment Limited, respectively.

“Further to the depositions contained in the paragraph above, I know as a fact derived during my investigations that the said Mr. Folorunsho Coker was also a signatory to the Zenith Bank account number 1011424889 of the 1st respondent.

“Investigations revealed that Aisha Rimi is the major partner in Rimi and Partners and she is also in control of Ekosina Investment Limited, a company seen to have received huge transfers from the Lagos State Government Number Plate Production Authority.”

“From preliminary investigations by the commission, the 2nd and 3rd respondents were used to divert funds from the Lagos State Government Number Plate Production Authority with the influence of Folorunsho Coker, who was the Managing Director of the Lagos State Agency.”