Federal high court has granted CBN’s request to Freeze bank accounts and companies of Rinu, Pamilerin and 18 others over End SARS Movement.
The request, granted by Justice Ahmed Mohammed, was filed by the CBN on October 20.
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.”