Why We Froze #EndSARS Protesters’ Accounts – Access Bank

By Chuks Ekpeneru

Access Bank has given reasons why it froze accounts of at least eight persons involved in the #EndSARS campaign.

The bank said in a statement on Friday that the action was in compliance with the regulations of the Central Bank of Nigeria.

The statement came as #EndSARS protesters embarked on an online campaign for customers to boycott Access Bank Plc.

According to the statement from the bank “We want to express our sympathy for the inconvenience that eight of our customers are going through due to the restrictions on their accounts as mandated by a federal court order. We are eager for this to be resolved as soon as possible

“It is common knowledge that we and the entire banking industry are regulated entities and therefore operate under the authority of our regulators and law enforcement agencies. As such we are compelled to comply with regulatory directives.

“While acknowledging the concern of all well-meaning parties, we urge that enquiries and views be channeled to the relevant regulatory and judicial agencies where the matter is receiving attention.

“It is therefore surprising that some individuals still choose to target Access Bank in a negative manner despite not being the source of the action.”

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