Court orders CBN to freeze accounts of 20 #EndSARS promoters

By AdvocateNews on 07/11/2020

Share on facebook Yahoo mail icon Gmail icon

Views: 877

Justice A.R. Mohammed of the Federal High Court, Abuja, has ordered the Central Bank of Nigeria (CBN) to freeze the accounts of 20 suspected #EndSARS promoters till January next year.

The judge gave the order while ruling on an ex-parte application filed by the apex bank through a team of lawyers led by a former Attorney-General of the Federation and Minister of Justice, Mr. Michael Aondoakaa (SAN).

He ordered that the #EndSARS promoters’ accounts should be frozen for an initial period of 90 days.

However, the order is subject to renewal upon an application by the CBN.

The certified true copy of the order obtained on Friday by an online platform, Peoples Gazette, showed that the CBN applied for the restriction of the 20 accounts on October 20 which was several days after it had already ordered commercial banks to freeze the accounts of the suspected #EndSARS promoters.

Listed in the suit marked FHC/ABJ/CS/1384/2020 were – Bolatito Oduala, Chima Ibebunjoh, Mary Kpengwa, Gatefield Nigeria Limited, Saadat Bibi, Bassey Israel, Wisdom Obi, Nicholas Osazele, Ebere Idibie, Akintomide Yusuf, Uhuo Promise, Mosopefoluwa Odeseye and Adegoke Emmanuel.

Others were -Umoh Ekanem, Babatunde Segun, Mulu Teghenan, Mary Oshifowora, Winifred Jacob, Victor Solomon, and Idunu Williams.

The accounts were domiciled in Access Bank, Guaranty Trust Bank, Fidelity Bank, First Bank, United Bank for Africa, and Zenith Bank.

Justice Mohammed said: “A mandatory order is made empowering the plaintiff/applicant to direct the head office of Access Bank of Nigeria Plc, Fidelity Bank Plc, First Bank of Nigeria Plc, Guaranty Trust Bank Plc, United Bank for Africa Plc and Zenith Bank Plc to freeze forthwith all transactions on the 20 bank accounts listed for a period of 90 days pending the outcome of investigation and inquiry currently being conducted by the Central Bank of Nigeria.

“It is, however, directed that the 90-day freezing order, when it lapses, may be renewed upon good cause shown by the applicant.

“It is also directed that any person, whether artificial or natural, that is affected by this order may apply to the court to have his grievance or complaint heard by the court. The suit is adjourned till February 4, 2021.”

Posted 07/11/2020 07:37:16 AM


Share on facebook Yahoo mail icon Gmail icon


You may also like...
7,000 delegates affirm Buhari as presidential candidate at...

Breaking: New COVID-19 case confirmed in Enugu

INEC weighs four options on Rivers polls today...

Man sentenced to 125 years for fraud

COVID-19: 30m jobs will be lost in Africa...

CoVID-19 Update: Enugu records nine new cases, total...

Buhari loses nephew Mutari Dauda Daura

#EndSARS: Police commences trial of four killer cops...

March 9 elections: Buhari orders more soldiers, police...

Tuberculosis kills 500,000 yearly in Africa - WHO...

Enugu West youths celebrate Gov. Ugwuanyi's good governance,...

SARS operatives arrest Dino Melaye


Latest News Violence, protests rock APC congresses, factions battle in states Senator Anyanwu emerges South East PDP Consensus candidate for Secretary Policemen allegedly used PoS to extort N25,000, assault passengers We've no business with you, don’t drag us into your Anambra election – IPOB warns INEC NAF denies paying N20m to avoid shooting down Buhari’s plane APC Congress: Three factional chairmen emerge in Akwa Ibom Former US President Bill Clinton released from hospital after treatment for infection Man, 25, kills 50-year-old rival he caught in lover’s room Police detain four officers over viral extortion video ‘We begged women to urinate for us to drink to stay alive’ FIRS to spend N2.8bn on uniforms, N550m on meals I’ll chew you raw if you talk against Oyedepo where I am – Pastor Ibiyeomie


Most Read Ex-Heads of State will protect Jonathan from persecution —Kukah (187,371 views) FG sends new directive to banks, schools as Buhari extends lockdown by four weeks (187,359 views) Sickle cell support group seeks government intervention (187,357 views) Ebonyi bans embalming of corpses in homes (187,357 views) I’ve no Coronavirus, govt wants to kill me – Anambra Index case (187,357 views) Fleeing ex-DG Imo Broadcasting Corporation who stabbed wife to death arrested (187,357 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (187,356 views) Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (187,228 views) HUSHPUPPI: CRIMINALS HAVE NO TRIBE. THEY SHAME ALL OF US... (183,120 views) ASUU strike: Senate intervention ends in deadlock (182,523 views) All you need to know about Peter Obi, PDP VP Candidate (146,503 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (144,862 views)






There are no video entries posted yet.