Commercial Law

Court unfreezes bank accounts of #Endsars promoters

A Federal High Court in Abuja on Wednesday set aside the order it made on November 4, 2020 freezing accounts linked with promoters of the #EndSARS protest that took place across the country last year.

The court order is coming on the heels of plans by the Nigerian youths to converge again at the Lekki Toll Plaza this coming weekend due to an order by the Justice Okuwobi Panel to re-open the Toll Plaza for business. The youths see this as injustice, particularly as the panel is yet to conclude its assignment.

Justice Ahmed Mohammed, in a ruling on Wednesday, also ordered all affected banks to “immediately defreeze the affected accounts. He  proceeded to strike out the suit marked: FHC/ABJ/CS/1384/2020 filed by the Governor of the Central Bank of Nigeria (CBN), and in respect of which the ex-parte order freezing the accounts for 180 days was made on November 4, 2020.

The court’s decision was informed by the withdrawal of all processes filed in relation to the suit by lawyers to all parties.

Former Attorney General of the Federation (AGF) and Minister of Justice, Michael Aondoakaa (SAN), who appeared for the CBN Governor and Femi Falana (SAN), who appeared for those affected by the freezing order, told the court, at the commencement of proceedings, that they have resolved to withdraw all the processes filed for peace to reign and for the ongoing process of reconciliation, at the various panels of enquiry on police brutality across the country, to progress unhindered.

You should also READ  The Angered Youths of Nigeria

Related Articles

Back to top button