The Central Bank of Nigeria, CBN, has secured three separate temporary orders from the Federal High Court in Abuja to freeze bank accounts linked to 194 businesses and individuals in 17 banks.
This was contained in the announcement of the bank apex on its website yesterday, according to a court order.
The freezing orders continued after three exparte requests filed by apex bank seeking a mandatory court order to ask 17 banks to freeze the accounts of business organizations and individuals until the expiration of the ongoing investigation launched by apex bank.
In one of the lawsuits against Nuru Abubakar and 24 others, the court granted CBN’s request to freeze the defendants’ bank accounts for 45 days.
Judge AR Muhammed, who issued the order in a judgment of 30 March 2021, said: “An interim order is issued empowering the applicant to direct the headquarters of the said banks to immediately freeze all transactions in the accused’s bank account for a period of 45 days until the outcome of the investigation and the investigation currently being conducted by CBN. “
In another lawsuit filed by CBN against Sethwealth Ventures and two others, the court granted an exporters a request from apex bank to freeze 50 accounts related to the three defendants in 13 banks.
A similar order was also issued in CBN’s lawsuit against Bluebeam Capital Ltd freezing the company’s 60 accounts in 13 banks.
The 17 affected banks are Access Bank, First City Monument Bank, Fidelity Bank, Sterling Bank, Keystone Bank, Providus Bank, United Bank for Africa (UBA), Wema Bank and First Bank.
The others are Garantna Trust banka, Ecobank banka, Heritage banka, Polaris banka, Zenith banka, Stanbic IBTC banka, Standard Chartered Bank and Union banka.
Affected companies include Bluebeam Capital Limited, Sethwealth Ventures, Seasons Bureau De Change, Lat-Ade Logistics, Sani Polo Global Investment Ltd, Saneo Global Resources Limited and Romvic Ventures Nigeria Limited.
Vanguard News Nigeria