Freeze Order: Nigerians’ money safe with us, say Bamboo, RiseVest
Bamboo and RiseVest have assured Nigerian investors that their money is safe with them following the freezing of their bank accounts by the Central Bank of Nigeria.
In a Twitter message, Bamboo told its customers that customers’ savings would not be tampered with.
“Hi everyone, we’re aware of the recent reports about us. Our legal and government relations teams are looking into it,” said Bamboo. “But we thought it was important to let you know that your money remains safe with Bamboo and will always be readily accessible.”
RiseVest sent out a similar message to its investors. It stated, “We will work with regulators, as we always have to ensure that all issues raised are properly addressed. However, this does not affect our users or their investments, which are managed by regulated third parties in all jurisdictions in which we operate. Thank you for choosing Rise.“
On Tuesday, the Abuja Division of the Federal High Court granted the request of the CBN to freeze accounts of forex traders using platforms like Bamboo and RiseVest.
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