The Association of Local Governments of Nigeria, Osun State chapter, has accused the Central Bank of Nigeria of colluding with members of the All Progressives Congress to illegally open and operate bank accounts in the names of local government areas in the state.
Addressing a press conference held in Osogbo on Thursday, the state ALGON chairman, Sarafadeen Awotunde, flanked by other members of the association, alleged that the scheme was exposed when Mr Kunle Adegoke, an APC governorship aspirant and counsel to the party, on a live television programme, claimed that such accounts existed with APC members as signatories.
He said the development was “a brazen illegality” and “an attempt to divert Osun people’s money into private and political pockets.”
Awotunde said, “On the 28th of August, 2025, during a live broadcast of the ARISE TV Morning Show, Mr Kunle Adegoke openly admitted that the Central Bank of Nigeria has opened accounts in the names of local government councils in Osun State, and that the signatories to those accounts are not the legitimate civil servants but members of the APC recruited to claim local government civil service positions and offices illegally,” Awotunde declared.