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EndSARS -CBN Gets Court Order to Freeze Accounts of Promoters

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According to PUNCH, Some #EndSARS promoters, said their banks informed them that the Central Bank of Nigeria had directed that their accounts should be frozen.

This came few months, after Nigerian youths across the country called for the disbanding of the Special Anti-Robbery Squad of the Nigeria Police in a two weeks protests.

Some of the frontier and promoters of the protests has alleged that their accounts had been frozen for the past two weeks.

The CBN, reportedly instructed banks to place a ‘Post No Debit’ restriction on the accounts, according to PUNCH.

Also, transactions that included the narration #EndSARS or End SARS were immediately flagged while such accounts receiving funds were frozen by banks.

The federal high court sitting in Abuja has now today granted the CBN’s request to freeze the accounts of 19 individuals and a public affairs company linked to the #EndSARS protests.

A document seen by the media outlet also showed that the CBN filed the request on October 20, 2020, and the court granted the request on November 5.

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