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Court orders CBN to unfreeze #EndSARS promoters’ bank accounts

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Malami’s office scuttle arraignment of ex-bank Chairman, MD over N15.7bn fraud

 

The Federal High Court, Abuja, on Wednesday, ordered the Central Bank of Nigeria (CBN) to unfreeze the bank accounts of 20 #EndSARS promoters.

Justice Ahmed Mohammed gave the ruling following the agreement reached by parties in the suit to amicably resolve the matter.

Justice Mohammed, who commended counsel to the CBN, Michael Andoaka, SAN, and lawyer to the defendants, Femi Falana, SAN, ruled that “all processes filed in respect of the case are hereby deemed to have been withdrawn.”

The judge, then, set aside the November 4, 2020 order and ordered that all the accounts of the affected persons “be immediately defreeze.”

READ: CBN gets court order to freeze accounts belonging to 20 #EndSARS members

The News Agency of Nigeria (NAN) reports that the CBN, in an exparte motion marked: FHC/ABJ/ CS/1384/2020 had prayed the court to unfreeze the bank accounts of Bolatito Rachael Oduala and 19 others who participated in the last year protest to end police brutality in the country.

The apex bank said it took the action to investigate the promoters of the protest on allegations bordering on terrorism financing, among others.

– VANGUARD/NAN

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