#EndSARS Front Advocates Groan As Banks Freeze Their Accounts Following CBN Instruction

#EndSARS Front Advocates Groan As Banks Freeze Their Accounts Following CBN Instruction

According to reports, the Federal Government has ordered the bank accounts of promoters of #EndSARS protests to be frozen.

Some #EndSARS promoters, who spoke separately to newsmen said their banks informed

them that the Central Bank of Nigeria had directed that they should freeze their accounts.

Last month, youths calling for the disbanding of the Special Anti-Robbery Squad

of the Nigeria Police protested for two weeks in major cities of the country.

On Tuesday, some promoters of the protests said their accounts had been frozen for the past two weeks.

Read Also; IGP visits Sanwo-Olu over #EndSARS protests,laments level of destruction in Lagos

The CBN, according to multiple complaints received by newsmen, reportedly

instructed banks to place a ‘Post No Debit’ restriction on the accounts.

The banks, we learned it, could implement the directive by tracking the ‘narration’ of transactions.

Speaking to The PUNCH, a pharmacist, Bassey Israel, who was in charge of the #EndSARS medical team in Port Harcourt,

said his account with Access Bank marked 003397XXXX had remained frozen since October 15.

According to him, when he learned of the development, he went to the bank to find out the reason for it.

Israel said a bank officer informed him that the directive came from the apex bank.

He said, “I am in charge of End SARS medical team in Port Harcourt and we had people donating for medical supplies, food, water, ambulance services, and these donations were made directly into my account and of course these donations had End SARS descriptions so I think that was how they were able to flag my account. I noticed that on October 15, I was trying to make a debit transaction on my account and noticed that there was a restriction.

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