While the Central Bank of Nigeria (CBN) secured court approval to restrict the protesters’ accounts, the protesters can now appeal against the court ruling.

“To freeze forthwith all transactions on the under-listed 20 accounts on the list annexed to this 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,” the CBN request to freeze the protesters’ bank accounts read.

The request was however granted by the presiding judge, A.R. Mohammed, on Wednesday, November 4, 2020, but the judge gave a 90 days period, which means that with presentation of a good cause after the expiration of the 90 days, the court can renew the restriction period.

But, the affected individuals and company can now appeal against the court ruling.

The document signed by the judge partly read: “It is however directed that the 90 days freezing order when it lapsed, may be renewed upon good cause shown by the applicant.

“It is also directed that any person, whether artificial or natural, that is affected by this order may apply to the court to have his grievance or complain heard by the court.”

Meanwhile, Access Bank had been sued for a sum of N100 million over the freezing of the account of Gatefield Nigeria, due to the company’s involvement in #EndSARS.

According to Gatefield Nigeria, Access Bank had restricted its account since Thursday, October 15, 2020, based on the directive of the CBN.

The post What #EndSARS Protesters Need To Do To Retrieve Their Frozen Accounts appeared first on Business News in Nigeria.

Recall that on Tuesday, October 20, 2020, dozens of people suffered life-threatening injuries while others are feared dead, as armed men in military uniforms stormed an #EndSARS protest ground at Lekki Tollgate area of the state.

Following the incident, critics and concerned Nigerians have pointed fingers at the former governor, accusing him of being the orchestrator due to the loss he has recorded from the tollgate blockage since the protest began.

But reacting to that, Tinubu said it’s not fair to accuse him of the murdering of innocent lives. Tinubu said, “I will never be part of any carnage. I will never be part of that.” Them he queries, “why will they shoot live bullets?”

The former Lagos governor maintained that he has no property whatsoever at the tollgate, which is managed by the Lekki Concession Company (LCC). In his words: “I have no dime, no kobo of investment in the toll gate.”

The post #EndSARS: Tinubu Denies Involvement In Lekki Massacre appeared first on Business News in Nigeria.