- The real reason behind the freezing of some EndSARS campaigners' accounts has been revealed
- The apex bank, CBN, said it froze the accounts of the affected because they were "involved in suspected terrorism"
- The bank stressed that it discovered that the funding of the EndSARS movement might have emanated from terrorist activities
The Central Bank of Nigeria (CBN) sought an ex parte order to freeze the account of 20 members of the EndSARS movement in what has been generating a whirlpool of reaction.
The reason for the action has now been unravelled as contained in a case with suit number FHC/ABJ/CS/1384/2020, filed before Justice A. R. Mohammed of Abuja Federal High Court.
Legit.ng recalls that the request to freeze the accounts of those linked to the #EndSARS protests was granted in an ex parte order. The affected individuals are 20 in number.
It has now been revealed that the apex bank, while requesting the court order, argued that the funding of the EndSARS movement might have emanated from terrorist activities, The Punch reports.
CBN said the money flow into the account of the EndSARS protesters was found ominous following investigation by head of the economic intelligence unit, Joseph Omayuku.
“There is a grave allegation that the defendants are involved in suspected terrorism financing via their bank accounts in contravention of the provisions of extant laws and regulations. The aforesaid transactions undertaken by the defendants, using their bank accounts, can cause significant economic and security harm to the public and the Federal Republic of Nigeria if left unchecked."
They must face the wrath of their actions
Meanwhile, the Nigerian presidency has stated that EndSARS promoters must face the wrath of the law for leading a protest that led to the indiscriminate destruction of government properties.
Garba Shehu, a senior presidential aide on media and publicity on Sunday, November 8, made this known on Channels TV, with his comment backing the recent freezing of suspected EndSARS leaders' accounts.
Shehu also berated desperate politicians for sponsoring the EndSARS protest and told them to publicly denounce the destruction.
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