A Nigerian court extends freeze on 30 Osun State accounts until Oct. 9, citing leadership disputes and fund diversion allegations.

A Nigerian court has extended a freeze on 30 Osun State local government accounts held by UBA, citing ongoing legal disputes over the legitimacy of local government officials and allegations of unauthorized fund diversion. The injunction, upheld by Justice Ladiran Akintola in Oyo State, prevents fund releases until at least October 9, pending a Supreme Court hearing on October 7 regarding leadership disputes. Plaintiffs argue that releasing funds prematurely would undermine judicial processes, while former council chairmen’s bid to join the case was challenged due to disputed legal standing. Evidence includes an affidavit detailing attempts by unauthorized individuals to divert 15% of funds to a private law firm, violating Osun’s 2025 guidelines.