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Home » Stress mounts over Osun LG funds as courtroom extends account freeze
News October 15, 2025No Comments

Stress mounts over Osun LG funds as courtroom extends account freeze

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Stress mounts over Osun LG funds as courtroom extends account freeze
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…adjourns to Nov 27

By Adeola Badru

IBADAN — The authorized battle over the management of Osun State native authorities funds took a brand new twist yesterday because the Oyo State Excessive Court docket sitting in Ibadan prolonged the freezing order on 30 financial institution accounts linked to the disputed allocations.

Presiding Choose, Justice Ladiran Akintola, gave the order whereas adjourning the matter to November 27, 2025, for ruling on purposes difficult the courtroom’s jurisdiction, in addition to motions filed by the All Progressives Congress (APC) and the Peoples Democratic Occasion (PDP) searching for to be joined as events.

In a serious growth, Justice Akintola dismissed UBA Plc’s request for an indefinite (sine die) adjournment of the case, which the financial institution’s lead counsel, Ojo Adebayo (SAN), had sought pending the result of the same matter at the moment earlier than the Supreme Court docket.

The choose held that such an software couldn’t be entertained whereas points bordering on jurisdiction and joinder have been nonetheless unresolved, stressing the necessity for the matter to proceed inside an affordable timeframe.

Lead counsel to the claimants, Mr. Musibau Adetunmbi (SAN), urged the courtroom to dismiss the motions filed by each the APC and PDP, insisting that neither social gathering had the authorized capability to take part within the case.

“The APC is an entire stranger to this matter and subsequently lacks the locus standi to file any software,” Adetunmbi argued, sustaining that the Oyo State Excessive Court docket had the requisite jurisdiction to adjudicate on the dispute.

Nonetheless, APC’s lead counsel, Mr. Kazeem Gbadamosi (SAN), objected to the competence of the courtroom, arguing that below the 1999 Structure, solely native authorities councils have the authority to handle native authorities funds. He additionally questioned the courtroom’s territorial jurisdiction.

Counsel representing the Lawyer Common of Osun State countered Gbadamosi’s arguments, citing judicial authorities affirming the courtroom’s energy to entertain the matter.

After listening to all submissions, Justice Akintola adjourned the case for ruling on each the jurisdictional objection and the joinder purposes.

In a associated case, the choose referred a separate go well with filed by the PDP towards UBA Plc to the Chief Choose of Oyo State for reassignment to a different courtroom.

The submit Stress mounts over Osun LG funds as courtroom extends account freeze appeared first on Vanguard Information.



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