Court Blocks EFCC's Investigation into Oyo Finances

On June 2, 2025, the Economic and Financial Crimes Commission (EFCC) sought extensive financial records from the Oyo State Government, prompting the state to file a suit in the Federal High Court in Ibadan. Justice Nkeonye Maha ruled that the EFCC's request was speculative and constituted a "fishing expedition." The court emphasized that while the EFCC has the statutory authority to investigate financial crimes, such powers must adhere to constitutional safeguards, including the right to a fair hearing.

The plaintiffs, including the Governor of Oyo State, the Attorney-General, and the Accountant-General, argued that the EFCC's request was oppressive and unreasonable, lacking specific allegations. The EFCC's counsel contended that Section 38 of the EFCC Act 2004 allowed for broad information requests.

However, Justice Maha disagreed, stating that any request must be reasonable and linked to identifiable allegations, thereby setting aside the EFCC's letter.