Court Extends Freeze on Osun LG Funds in UBA Account

The Oyo State High Court in Ibadan extends an interim injunction preventing United Bank for Africa (UBA) from allowing withdrawals from 30 bank accounts holding Osun State local government funds lodged with the CBN. The presiding judge, Justice Ladiran Akintola, renewed the order to ensure all parties, including the Osun State Attorney General and UBA, receive a fair hearing.

The court dismissed a former APC council chairman's application for joinder, citing lack of standing. The plaintiff's counsel opposed the extension, emphasizing the need for a thorough review of new applications filed in the case.