After Freezing Accounts Of EndSARS Protesters, CBN Charged On B/Haram Sponsors

By Emmanuel Adigwe

A cross section of Nigerians from across the country have seriously condemned the freezing of 20 local bank accounts associated with activists involved in the #EndSARS protests.

The outrage over the freezing of the bank accounts came as commentators frowned that the authorities had failed to trace and block the funding of terrorists while at the same time pouring resources to monitor protesters fighting for the enthronement of good governance.

The outrage from near and far came after a court in Abuja gave the Central Bank of Nigeria (CBN) the nod to freeze at least 20 accounts of #EndSars promoters until January next year when the court will decide if to lift the restriction or extend it.

According to Justice A.R Mohammed, in a suit marked marked FHC/ABJ/CS/1384/2020, ordered that the accounts domiciled in Access Bank, Guaranty Trust Bank, Fidelity Bank, First Bank, United Bank for Africa, and Zenith Bank be freezed.

The order stated: “A mandatory order is made empowering the plaintiff/applicant to direct the head office of Access Bank of Nigeria Plc, Fidelity Bank Plc., First Bank of Nigeria Plc., Guaranty Trust Bank Plc., United Bank for Africa Plc. and Zenith Bank Plc. to freeze forthwith all transactions on the 20 bank accounts listed for a period of 90 days pending the outcome of investigation and inquiry currently being conducted by the Central Bank of Nigeria.

“It is, however, directed that the 90-day freezing order, when it lapses, may be renewed upon good cause shown by the applicant.

“It is also directed that any person, whether artificial or natural, that is affected by this order may apply to court to have his grievance or complaint heard by the court. The suit is adjourned till February 4, 2021.”

Those affected are: Bolatito Oduala, Chima Ibebunjoh, Mary Kpengwa, Gatefield Nigeria Limited, Saadat Bibi, Bassey Israel, Wisdom Obi, Nicholas Osazele, Ebere Idibie, Akintomide Yusuf, Uhuo Promise, Mosopefoluwa Odeseye and Adegoke Emmanuel.

Others include: Umoh Ekanem, Babatunde Segun, Mulu Teghenan, Mary Oshifowora, Winifred Jacob, Victor Solomon, and Idunu Williams.

This development eleicited reactions on social media as many wondered why the CBN has been unable to track down Boko Haram sponsors but quick to get the bank accounts of peaceful protesters.

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