Ola Olukoyede: EFCC’s overzealousness and the Osun example

“Is it possible to be overzealous, to destroy that which you hope to save-so that nothing is left but emptiness. ”
— Jerome Lawrence
 
The Economic and Financial Crimes Commission (EFCC) has once again thrust itself into the centre of a brewing political storm, and as has become painfully routine, for all the wrong reasons.
Barely a week before the highly anticipated, off-cycle governorship election in Osun State scheduled for August 15, 2026, the anti-graft agency took the drastic step of imposing a Post-No-Debit (PND) restriction on the state government’s primary statutory allocation account domiciled with First Bank. According to a statement issued by the commission’s Head o...