Court orders CBN to unfreeze #EndSARS promoters’ accounts

The Federal High Court, Abuja, on Wednesday, ordered the Central Bank of Nigeria (CBN) to unfreeze the bank accounts of the 20 #EndSARS promoters. Justice Ahmed Mohammed gave the ruling following the agreement reached by parties in the suit to amicably resolve the matter. Edo 2020: Stakeholders differ over latest postponement The next glorious 50 […]

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

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

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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the defendants, Femi Falana, SAN, ruled that “all processes filed in respect of the case are hereby deemed to have been withdrawn.”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 Nov. 4, 2020 order and ordered that all the accounts of the affected persons “be immediately defreezed.”

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.(NAN)