Home News Abuja High Court Freezes 32 Bank Accounts Linked to #EndBadGovernance Protest  
NewsSecurity

Abuja High Court Freezes 32 Bank Accounts Linked to #EndBadGovernance Protest  

575

A Federal High Court in Abuja has frozen the bank accounts of 32 individuals and companies linked to the #EndBadGovernance protest. The accounts were frozen as part of an investigation into allegations of criminal conspiracy, terrorism financing, and other unlawful activities.

Justice Emeka Nwite, who issued the order, directed the banks to block withdrawals from the accounts while allowing deposits. The court also instructed the banks to detain any account holders or individuals attempting to transact on these accounts until the investigation is complete.

The Inspector-General of Police (IGP) had filed a motion, claiming the funds in these accounts were being used to finance illegal activities, including attempts to undermine Nigeria’s sovereignty. The IGP also alleged that foreign nationals were involved in supporting these unlawful activities.

The court order targeted a variety of accounts held in different banks across Nigeria, including UBA, Access Bank, Zenith Bank, and others. The police believe these accounts are linked to people trying to cause chaos and overthrow the government. The investigation is reportedly ongoing.

About The Author

Related Articles

Nigeria’s External borrowing
FinanceNews

Tinubu Government Delays Release of Signed Tax Acts to the Public

Four days after President Bola Tinubu announced the signing of four tax...

one-party state in Tinubu's administration
News

As Tinubu Urges Africa-Caribbean Unity in Saint Lucia, Over 272 Nigerians Killed in June Alone

While Nigerians deal with deadly violence, worsening hunger, and mass flooding, President...

BusinessNews

You Can’t Tax a Dead Economy: Nigeria Is Suffocating Under Its Own Policies

As Nigeria’s Central Bank clings to its benchmark interest rate of 27.5...

News

“Wike is Not a Blessing to Us, He’s a Disaster” — Workers Protest in Nigeria’s Capital Over Unpaid Wages, Poor Working Conditions

Staff members of the Federal Capital Territory Administration (FCTA) in Abuja barricaded...