#EndSARS campaigners to sue CBN as Falana warns bank against meddling in politics

A human rights lawyer, Femi Falana, has urged the Central Bank of Nigeria to desist from politics and focus on its regulatory role and says #EndSARS campaigners whose rights were impinged will sue the financial institution.
Mr. Falana stated this after the Abuja division of the Federal High Court ordered the CBN to unfreeze the bank accounts of 20 #EndSARS campaigners.
In an interview with Channels TV on Thursday, he faulted the CBN for freezing bank accounts linked to promoters of the #EndSARS protests in November 2020.
“I do hope that sufficient lessons have been learnt particularly by the central bank to desist from jumping into the political arena by attempting to freeze the accounts of people who are involved in the struggle one way or the other against the government,” Mr. Falana explained.
Stating that the court was misled into granting the request to freeze the protesters’ accounts, the lawyer urged courts to refrain from granting ex parte orders.
“The court should advise the person who brings this application to put the other person on notice for both sides to be heard,” he added.
According to him, the CBN failed to initiate investigations on the allegations raised against the protesters within three months granted by the court.
He said, “Instead of 180 days, the court gave the central bank 90 days to commence and conclude investigations into the accounts and the activities of these young men and women. For the 90 days, there was no investigation at all; this is because no offence was committed.”
Mr. Falana also disclosed that the CBN would subsequently be charged to court for unlawfully freezing the accounts linked to the protesters.
He said, “My clients are going to court to challenge the gross violation of their right to property. They were denied access to their bank accounts for over 90 days which was totally uncalled for. Because the government cannot recognise the rights of Nigerians to protest while you turn round and freeze their account or deny them consular services.”
Peoples Gazette on November 6, revealed how the CBN Governor, Godwin Emefiele, obtained a one-sided federal court order to freeze accounts linked to the #EndSARS campaigners on November 4, for three months.
In December, Peoples Gazette reported that Federal High Court approved the freezing of those accounts of #EndSars protesters in error. John Tsoho, the Chief Judge, said the court did not freeze accounts of #EndSARS protesters but those of corporate bodies under suspicion of money laundering as no names were mentioned following the apex bank’s numerous applications.
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

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

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.”

Lagos
Accident victims hospitalised after two buses collide in Lagos
LASTMA said the vehicle plunged into the opposite lane before ramming into a Coaster bus.

NationWide
Hackers breached Nigerian Army’s official X account, access recovered: Spokesperson
The army said the recovery underscored the army’s commitment to safeguarding its digital communication platforms.

Lagos
Lagos: One dead as truck overturns in Gbagada
Mr Bakare-Oki warned operators of heavy-duty vehicles and commercial transporters to embrace responsible driving practices.

Anti-Corruption
Adeboye ordered RCCG to return billions in suspected illicit funds traced to church, says EFCC chairman
The EFCC chairman said some wealthy individuals and politicians had been using churches to conceal proceeds of corruption.

States
BEDC announces salary increase for staff
Mr Lawani expressed regret that the industrial action occurred before the agreed date for concluding negotiations.

States
Troops rescue 119 civilians, recover eight vehicles in Borno
The report said the operation was conducted by troops of 135 Special Forces Battalion.





