Lula faces a prison sentence if found guilty, but If cleared, he says he will run again for the presidency next year.
Omatseye was convicted in May 2016 by Justice Rita Ofili-Ajumogobia of the federal high court in Lagos, over alleged N1.5 billion contract scam.
The EFCC argued that the $5,842,316.66, contained in the account is suspected to be proceeds of crime.
A total of N18 million, $19,000 and 4,000 Saudi riyals was recovered from the Abuja residence of former Governor of Gombe State and current member of the Senate, Danjuma Goje.
The former governor had been sentenced to 13 years imprisonment after he pleaded guilty to offences relating to conspiracy to launder funds from the state
Former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu, will remain in Kuje Prison until March 21.
The first witness called by the Economic and Financial Crimes Commission, EFCC, in the corruption case against Mohammed Belgore, SAN and former Minister of National Planning, Abubakar Sulaiman, has told the court how both men benefited from a N450 million largesse from the ex-Minister of Petroleum Resources, Diezani Allison-Madueke.
Sagay said that the NDDC recently took delivery of 70 vehicles, including 8 Super Lexus Jeeps valued at N78 million each and 10 Land cruisers worth N63 million each
The Chief Justice of Nigeria has said that the war against corruption can only be successfully prosecuted through strict adherence to the rule of law.
Mohammed Dikko Umar, a former member of the committee set up by President Muhammadu Buhari to probe the procurement of arms and equipment in the Armed Forces, but who is now facing corruption charges, has been granted leave to travel to South Africa for medical reasons.