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CBN receives order to freeze bank accounts of 20 #EndSARS sponsors

CBN to freeze the accounts of 19 individuals and a public affairs company linked to the #EndSARS protests.



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The Central Bank of Nigeria (CBN) has received the nod of the federal high court in Abuja to freeze the accounts of 19 individuals and a public affairs company linked to the #EndSARS protests till January.

The request was granted by Justice Ahmed Mohammed and was filed by the CBN on October 20, according to ChannelsTV

READ: Covid-19: N3.5 trillion disbursed as stimulus package for the Nigerian economy

Some of the affected individuals are Bolatito Racheal Oduala, Chima David Ibebunjoh, Mary Doose Kpengwa, Saadat Temitope Bibi, Bassey Victor Israel, Wisdom Busaosowo Obi, Nicholas Ikhalea Osazele, Ebere Idibie, Akintomide Lanre Yusuf, Uhuo Ezenwanyi Promise and Mosopefoluwa Odeseye.

Others are: Adegoke Pamilerin Yusif. Umoh Grace Ekanem, Babatunde Victor Segun, Mulu Louis Teghenan, Mary Oshifowora, Winifred Akpevweoghene Jacob, Victor Solomon, Idunu A. Williams, and Gatefield Nigeria Limited.

READ: #EndSARS: Access Bank announces N50 billion interest-free facility for businesses

The court order, which was addressed to the head offices of Access Bank, Fidelity Bank, First Bank Nigeria, Guaranty Trust Bank, United Bank of Africa, and Zenith Bank, directed the banks to freeze forthwith all transactions on the 20 accounts on the list annexed to the CBN’s application as Exhibit A and all other bank accounts of the defendants/respondents for a period of 180 days pending the outcome of investigation and inquiry currently being conducted by the Central Bank of Nigeria.

READ: Active bank accounts in Nigeria surge to 111.5 million as COVID-19 drives account opening

What you should know

Gatefield Nigeria Limited had earlier sued Access Bank Plc for allegedly blocking an account used to promote media coverage of the #EndSARS protests.

READ: CBN reveals framework for the N75 billion Youth Investment Fund

Abiola has spent about 14 years in journalism. His career has covered some top local print media like TELL Magazine, Broad Street Journal, The Point Newspaper.The Bloomberg MEI alumni has interviewed some of the most influential figures of the IMF, G-20 Summit, Pre-G20 Central Bank Governors and Finance Ministers, Critical Communication World Conference.The multiple award winner is variously trained in business and markets journalism at Lagos Business School, and Pan-Atlantic University. You may contact him via email - [email protected]



  1. Ifeanyi udeji

    November 7, 2020 at 5:59 am

    Am so sorry that this country is riding to another civil war and this time it will be disastrous. People can not express their civil rights again.

    • Ibi Babs

      November 9, 2020 at 2:07 am

      We need to first take the war language out first. Building our our own systems of ruling and institutions to government, I think will work on the long run.
      We have started building a so called Democratic system. If we of today want a better tomorrow for our children, we have to take the pains of building on this this democracy, to suit Nigeria.
      If our Fathers were patient in 1966, with the coup and 1981 or 1982 coup. We would be better experienced today. Our institutions would have also have developed.
      The military intervention gave us nothing to build on. If have to build a system for us. It can’t be done in a day. Uk is 600 years of democracy. We are 20 years.
      If we destroy and start killing ourselves were will that get us to

  2. Anonymous

    November 7, 2020 at 10:55 am

    Lord Jesus, have mercy on Nigeria 🙏

  3. namep

    November 7, 2020 at 11:45 am

    Where is this Country going like this, They are just calling for another war Oloriburuku Government. They Judge you will die in three days in Jesus name

  4. Anonymous

    November 7, 2020 at 12:22 pm

    So this is what we have become? I always told those who cared to listen that a Buhari government is nothing short of a junta in kaftan and now, everything called a right to the common man is being taken away. First social media and now our simple right to protest peacefully

  5. Augusta

    November 7, 2020 at 1:22 pm

    Its rather unfortunate, why freeze their accounts? That is the lowest any govt can descend to. Why the selective freezing? They might as well go ahead and freeze the accounts of all participants nation wide. Are building or destroying? How would the freeze address the burning issues that led to the protest? Its shameful and dishonest and lacked good faith inn all they have been telling the world. Too bad and capable of sparking another round of protest.

  6. Julius Raji

    November 7, 2020 at 7:56 pm

    The title of this report is wrong. It ought to read ” CBN Obtains Court Order To Freeze Endsars Facilitators Accounts.”
    What concerns CBN in this matter? Many looters and fraudsters in and out of government were slipping billions through their nets. The only thing they are serious with is caging those who were campaigning for the betterment of all Nigerians!

  7. Anonymous

    November 7, 2020 at 9:37 pm

    We will burn down cbn bastard

  8. Anonymous

    November 8, 2020 at 1:45 am

    It is like the FGN did not learnt any lesson at all from the endsars protest. It is a big shame !. By freezing their account , you are indirectly calling for something worse than what just happened. The govt of the day should bury their heads in shame having FAILED the youth of this great nation . It is a pity

  9. Kenneth

    November 8, 2020 at 3:25 am

    Absolute rubbish what are they trying to turn Nigeria into is the country truly an independent nation or is it just a scam that a citizen of a country can’t express their right. Non sense it is only going to be more catastrophe they are indirectly asking for war let’s see how it goes in the end who will lose. Honestly this country news is getting bad bad and worse daily

  10. Babas

    November 8, 2020 at 6:22 am

    BOKO-HARAM has been in existence for so many years now and we all know quite alright that they’re being sponsored by some people in this same country, so why haven’t the CBN done anything about these guys bank accounts since then?
    Hmm, Nigeria is really a zoo country.

  11. Anonymous

    November 8, 2020 at 7:09 am

    What do you expect from the analog system of govt.everything about them is to draw Nigeria backward..They forgot that at this digital age a lots of innovations is on air.their reasoning is common sense.we the youth will definitely take the bull by the horn if they fail to listen to us..they should go ahead in frozen those accounts and wait for another round of protest that will shake them..when you fail to listen to your childs complaints.then wait for his reactions thereafter.. Mtcheew!!

  12. Isaac

    November 8, 2020 at 7:16 am

    Order from who? Lifeless president quick on other countries issues but dormant on the national issues only to descend so low on civilian

  13. Somebody joor

    November 8, 2020 at 9:03 am

    This government haven’t learnt they lessons . They want more of youth dosage.

    It will soon rain on them. Keep provoking Nigerians.

  14. Olatiler

    November 8, 2020 at 3:01 pm

    I think this government was calling for war that will divide this country last last

  15. Anonymous

    November 8, 2020 at 3:23 pm

    Dead Nigeria. They only know how to take decisions that will hinder genuine progress. Boko harram has been sponsored by people to kill innocent people only. Why haven’t CBN frozen their accounts?

    Patiently waiting for Jesus Christ to deal with them

    • Anonymous

      November 8, 2020 at 8:08 pm

      They know vividly those that are sponsoring them, to destroy our feature, but Almighty will disappointe them very soon.

  16. Akinwale Felicia

    November 8, 2020 at 8:42 pm

    This idiot Emefiele who met dollars at 190 and it is getting close to 500 all because of his stupidity. The bastard leaves Leprosy and chases shadows. What concerns him with End SARS? So it means this retarded numb skull is a chief sponsor of SARS because if not, Wetin concern the Agbero with overload? Will freezing their account bring back the missing Oba of Lagos staff of office? Abeg, let’s plan for season 2 of lockdown Lagos.

  17. Imam uba

    November 8, 2020 at 11:04 pm

    This is fantastic the the government used the frozen accounts money to repair all the end SARS destructions,so that it will teach lesson to others unpatriotic citizens!!

    • ABC

      November 11, 2020 at 1:21 pm

      Define unpatriotic?

  18. Anthony Michael

    November 12, 2020 at 7:46 am

    Who Gave this order of freezing Peoples Account?
    This was how soldiers were ordered to kill peaceful innocent protesters at lekki
    If it took CBN a week to trace those people helping us eat during the protest
    But 10 years to trace accounts funding Boko Haram.
    Instead to concentrate on improving the banking sector. ..since this men came on board the country is worst,,they are all trying to push their failure on Other people
    Dollar now is close to 500 from 190 ..prices of things High…Useless Block heads

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