The Lagos State Government Number Plate Production Authority will have start to looking for other means of assessing funds.

This comes after a Federal High Court in Lagos on Monday froze its Zenith Bank account over alleged fraud worth N3bn.

Justice Mohammed Idris gave the order following an ex parte application by the Economic and Financial Crimes Commission.

The judge said the account would remain frozen pending the conclusion of EFCC’s investigation.

The order also affects 32 other bank accounts belonging to companies, which were allegedly used to divert the N3bn from the Lagos State Government Number Plate Production Authority.

ALSO READ: Fayose Discloses 'Real Reason' Buhari Is Visiting Benue, Taraba

In an affidavit attached to the ex parte application, the EFCC said its preliminary investigations revealed that the funds were diverted while Folorunsho Coker was the Managing Director of the Lagos State Government Number Plate Production Authority.

The companies whose accounts were also frozen included: a law firm, Rimi and Partners, which, the EFCC said, had Coker’s wife, Aisha, as the sole proprietor.

Other companies whose accounts were frozen are Ekosina Investment Limited; SW Properties Limited; Imira Trade and Global Services Limited; Lofty Investment Nigeria Limited; Pure Technical Services Limited; and Cablepoint Limited.

FOR MORE FRESH STORIES, DOWNLOAD BOUNCE NEWS APP HERE

ALSO WATCH: ICYMI - ALL THE TOP STORIES LAST WEEK PRESENTED BY TONY & JONA