By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: CBN secures court order to freeze accounts of 20 #EndSARS promoters for 90 days
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

CBN secures court order to freeze accounts of 20 #EndSARS promoters for 90 days

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: November 6, 2020
Share
2 Min Read
SHARE

The Central Bank of Nigeria (CBN) has obtained a court order freezing the accounts of 20 #EndSARS promoters till January 2021.

The order was pursuant to a motion ex-parte filed by the CBN before a Federal High Court.

The certified true copy of the order obtained by the CBN applied for the restriction of the 20 accounts on October 20 which was several days after it had already ordered commercial banks to freeze the accounts.

The suit marked FHC/ABJ/CS/1384/2020 listed the 20 defendants as – 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.

- Advertisement -

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

The banks where the accounts are domiciled include Access Bank, Guaranty Trust Bank, Fidelity Bank, First Bank, United Bank for Africa, and Zenith Bank.

The lawyers representing the CBN were led by a former Attorney-General of the Federation, Michael Aondoakaa (SAN).

Justice A.R Mohammed ordered that the accounts should be frozen for the next 90 days subject to renewal.

- Advertisement -

The order reads: “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 the court to have his grievance or complaint heard by the court. The suit is adjourned till February 4, 2021.”

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:#EndSARSCBN
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article Ali Kwara Buhari mourns renowned crime fighter, Ali Kwara
Next Article Six persons test positive for coronavirus in Lagos boarding school

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Rate

Okay.ng Logo
Buy Rate ₦1,560.00
Sell Rate ₦1,570.00

Updated: 3 minutes ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Nigerian Bar Association
Former NBA Chairman Decries Judicial Corruption and Political Interference in Nigeria’s Justice System
News
Ogra Fires Back at Obi’s ‘Holiday’ Jab, Cites Geopolitical Strategy in Tinubu’s Caribbean Trip
News
Top Nigerian Football Stars Face Uncertain Futures as Transfer Offers Stall
Sport
Tinubu Set to Reinstate Suspended Rivers Governor Fubara Following Political Truce
Politics Top stories
Dangote Refinery
Dangote Refinery Cuts Petrol Price from N880 to N840 Per Litre
Energy & Oil News Top stories
- Advertisement -
Ad imageAd image

You May Also Like

Politics

Police Blockade of PDP Secretariat Triggers Political Turmoil and Heated Reactions

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 30, 2025
Politics

APC Welcomes Kwankwaso Back to Collaborate with President Tinubu

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 30, 2025
Olubunmi Tunji-Ojo
News

FG Hails Success of E-Visa System, Processes Over 14,000 Applications in Six Weeks

Muhammad A. Aliyu
Muhammad A. Aliyu
June 30, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?