Osun LG Accounts: Court Issues Arrest Warrants Against UBA, Three Top Officials
A Chief Magistrate’s Court sitting in Osogbo, the Osun State capital, on Friday, issued an arrest warrant against the United Bank for Africa Plc (UBA) and three of its senior officials over the alleged illegal operation and maintenance of bank accounts in the name of the 30 local government councils in the state.
The Osun State government had in the case marked Charge No: MOS/601c/2025, filed a 31-count charge against the bank and its officials, with each count relating to alleged infractions connected to the opening and operation of bank accounts for the state’s 30 local government councils.
In Count One, the prosecution alleged that the defendants, on or about December 9, 2025, and on subsequent days, at UBA’s Osun State branch located in the Olonkoro area of Osogbo, conspired to commit a felony by opening, operating, and maintaining what it described as illegal Osun State Local Government Council accounts.
The alleged offence, according to the charge, occurred within the Osogbo Magisterial District and is said to be contrary to and punishable under Section 516 of the Criminal Code, Cap 34, Volume 2, Laws of Osun State of Nigeria, 2002.
In a certified true copy of the order titled “Warrant for Arrest of Defendant Who Has Disobeyed Summons (General Title – Form No. 1)”, addressed to the Osun State Commissioner of Police, the court stated in part: “Complaint has been made that the defendant(s) did allow unauthorised persons to operate and maintain 30 accounts opened in favour of the 30 Local Government Councils in Osun State with UBA Bank Plc.
“And the defendant(s) were thereupon summoned to appear before the Chief Magistrate’s Court of Osogbo. An oath has been made that the defendant(s) were duly served with the summons but did not appear, and that such complaint is true.
“You are hereby commanded to bring the defendant(s) before the Magistrate’s Court forthwith to answer to the said complaint or be further dealt with according to law.”
The matter has been adjourned to February 10, 2026, for trial.
The defendants in the suit are United Bank for Africa Plc; its Group Managing Director, Mr Oliver Alawuba; the Company Secretary and Group Legal Adviser, Mr Billy Odum; and the Deputy Managing Director, Mr Chukwuma Nweke.
Olamilekan Adigun is a graduate of Mass Communication with years of experience in journalism embedded in uncovering human interest stories. He also prioritises accuracy and factual reportage of issues.
