A Federal High Court in Abuja has frozen 24 bank accounts tied to alleged terrorism financing and money laundering. The accounts, linked to Lawrence Lucky Eromosele, are under investigation by the EFCC. The court granted a 90-day probe, citing potential threats to national security.
The Federal High Court in Abuja has approved a request by the Economic and Financial Crimes Commission (EFCC) to freeze 24 bank accounts linked to alleged terrorism financing and money laundering activities. Justice Emeka Nwite granted the ex parte application filed by Ekele Iheanacho, counsel to the EFCC.
According to the EFCC, the accounts are linked to Lawrence Lucky Eromosele, who is under investigation for alleged involvement in kidnapping and illegal financial activities. The agency claims the accounts were used to launder funds through cryptocurrency platforms and other illicit methods.
An affidavit filed by EFCC investigator Mohammed Khalil states that the case arose following threats against senior operatives of the National Security Adviser’s (NSA) office. The threats included ransom demands and detailed information about the operatives’ families, including their movements and addresses.
The EFCC argued that freezing the accounts was necessary to protect the funds while investigations continued. The court approved the request, allowing a 90-day investigation period.
The EFCC alleges that the funds in these accounts are proceeds of crime and are covertly exchanged to finance terrorist activities. Bank statements and intelligence reports were submitted as evidence.
The case has been adjourned for further proceedings on March 24, 2025.
