The central bank of Nigeria last week froze over 20 accounts belonging to campaigners who took part in the #ebdsars campaign last month. A campaign geared towards ending police brutality in the country.
The Central Bank of Nigeria filled a motion to the high court in Abuja to freeze the accounts of the said subjects mentioned above with the suit number FHC/ABJ/CS/1384/2020. The case was filed before Justice A. R. Mohammed by the legal finance attorney to the Central Bank Of Nigeria Dr. Kayode Olugbenga. It’s Read;
“My lord, the nature of the transactions undertaken through the defendants’ accounts are of suspected terrorism financing in contravention of Section 13(1)(a)and(b) of the Terrorism (Prevention)(Amendment) Act, 2013 and Regulation 31(2)(a)and (3)(b) of the Central Bank of Nigeria Anti-Money Laundering/Combating the Financing of Terrorism Regulations, 2013.”
The accusation of the account being linked to terrorism was not confirmed by the court, as we are yet to confirm such allegations made by the central bank.
The 20 accounts which were domiciled in GTB, Access, Fidelity, and UBA Banks were said to have been credited with the narration ‘#Endsars’