Date: 11-02-26
.jpeg)
A Magistrate Court sitting in Osogbo has ordered a restraint on banks involved in the controversial Osun State Local Government funds case, barring further transactions on the affected accounts pending the determination of the matter.
The presiding Magistrate, Adeyegba, issued the order on Monday, directing that no withdrawals, transfers, or operations should be carried out on the disputed Local Government accounts until the court concludes hearing on the case.
The court also upheld the earlier bench warrant issued against top bank officials accused of facilitating the opening and operation of the accounts by unauthorised persons, in alleged violation of existing court orders and financial regulations.
According to court proceedings, the banks failed to fully comply with previous summons, prompting the court to maintain the bench warrant as part of efforts to compel compliance and ensure accountability in the management of public funds.
The matter has been adjourned to February 28, 2026, for trial, as the legal battle over control and disbursement of Osun Local Government funds continues to intensify.
This development comes amid the lingering political and legal tussle between the Osun State Government and opposition elements over the legitimacy of local government officials and the control of council finances.
More updates to follow on in our publications
LINKS
- VENO TV: Senator Jimoh Ibrahim Approaches 10th Academic Degree By Kayode Adoide
- VENOtv: Business Jaiz Bank Plc Appoints Omolara Muinat Ismail to Drive Retail Growth
- VENO tv: Iran To Trump — “Be Careful” By Kayode Adoide
- VENO TV: PDP Will Resurrect in 2031 — Bishop Dr. Sanya Ojo SOMH Declares
- VENO TV: Opinion FROM FATHER TO SON: POWER PASSES IN IRAN – WILL AMERICA TARGET THE NEW SUPREME LEADER? By Bishop Dr. Sanya Ojo
- VENO TV: 2027 ELECTIONS “Men Will Mount, Women Will Mount” — Aisha Yesufu, ADC Chieftain Declares
- VENO tv: EDITORIAL Missing ?1.15 Trillion: Where Are EFCC and ICPC?
- VENO tv: Foreign News: Who could succeed Ayatollah Ali Khamenei to lead Iran? Suspence on successor ..
- VENO tv: Politics The Battle of Political Sons Begins.. By Kayode Adoide
- VENO tv: Suspended DCP Abba Kyari Acquitted and Discharged
- VENO tv: Edo State Governor Challenges Arise tv Anchors to Visit Edo
- VENO tv: Not Yet Uhuru: Jide Omokore May Face Fresh Legal Battle as Alison-Madueke’s Trial Reveals New Details
- VENO tvLatest developments in the U.S.–Iran conflict: Biggest Loss for US in Iran War As IRAN Battles 15 Countries. By Kayode Adoide
- VENO tv: National Assembly Christian Chapel Inaugurated in Abuja
- VENO tv Opinion: Mr. President, Start from Ayede
- VENO tv: Allegation of Killing Opposition — President Tinubu Reacts
- PGF Renewed Hope Ambassadors Summit 2026 Holds in Abuja By Kayode Adoide
- Foreign News Violence Erupts in Mexico After Killing of Drug Lord “El Momsho” By Kayode Adoide
- VENO tv: First Female Traditional Ruler, Hosi Phylia N’wantwa II Laid to Rest @ 84 +South Africa Mourns a Trailblazer By Kayode Adoide
- VENO tv POLITICS 22-Hour Curfew Is Authoritarian “– Senator Ireti Kingibe Slams Wike
Page 1 of 56 [Next] [Last Page]
Phone
08033340285
08155031320
016581259
veno_mag2011@yahoo.com