Court orders CBN to unfreeze #EndSARS promoters’ accounts

The Abuja Division of the Federal High Court on Wednesday ordered the Nigerian Central Bank (CBN) to unfreeze the bank accounts of 20 #EndSARS protesters.
Court documents first published by Peoples Gazette on November 6, revealed how Governor Godwin Emefiele obtained a one-sided federal court order to freeze accounts linked to the #EndSARS campaigners on November 4, for three months.
An Access Bank letter obtained by the Gazette on November 11, however, revealed that Mr. Emefiele did not follow extant regulatory procedures before ordering indiscriminate freezing of the bank accounts.
The bank accounts blocked had included those run by Gatefield, a public interest think-tank, which confirmed to the Gazette that its account with Access Bank was frozen following a CBN directive on October 26, more than a week before an ex-parte order was granted by Justice Ahmed Mohammed.
Despite the expiration of the three-month order last Tuesday, the bank accounts of the #EndSARS champions had remained frozen until Justice Mohammed gave the order to unfreeze the accounts Wednesday afternoon, the Gazette has learnt.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Economy
Fuel price uncertainty forced marketers to halt supply temporarily: IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says uncertainty over petrol prices has forced many marketers to halt fresh purchases, leading to the temporary closure of some filling

Economy
Tinubu committed to investment in renewable energy, says presidential aides
He said Mr Tinubu is committed to investments in renewable energy development, human capital empowerment, clean energy innovation, and Nigeria’s Energy Transition Plan.

Agriculture
Flooding may raise vegetable prices, Lagos farmers warn
“If we sold vegetables at lower prices before, they will now become more expensive because farmers must recover their losses,” she said.

States
Oyo Abduction: Freed teacher says terrorists released victims before security operatives arrived
Abducted on May 15, the Oyo schoolchildren and their teachers were freed on June 10, after 56 days in captivity.

States
Residents lament deplorable road in Ondo community, seek government intervention
Residents of the agrarian community described the road as a death trap.

NationWide
Stakeholders in Osun, Ondo, Ekiti call for broader participation in constitutional reforms
They also appealed to Nigerians to pay equal attention to all constitutional amendment bills, rather than focusing on the state police proposal.





