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Home»Featured»CBN, #EndSARS promoters reach amicable settlement, court orders unfreezing of accounts
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CBN, #EndSARS promoters reach amicable settlement, court orders unfreezing of accounts

NANBy NANFebruary 10, 2021No Comments
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The Federal High Court, Abuja on Wednesday ordered the Central Bank of Nigeria to unfreeze the bank accounts of 20 #EndSARS promoters.

Justice Ahmed Mohammed gave the ruling following the agreement reached by parties in the suit to amicably resolve the matter.

Justice Mohammed, who commended the counsel to the CBN, Michael Andoaka (SAN), and lawyer to the defendants, Femi Falana (SAN), ruled that “all processes filed in respect of the case are hereby deemed to have been withdrawn”.

The judge then set aside the November 4, 2020 order and ordered that all the accounts of the affected persons “be immediately de-freezed.”

The News Agency of Nigeria reports that the CBN, in an exparte motion marked: FHC/ABJ/ CS/1384/2020, had prayed the court to unfreeze the bank accounts of Bolatito Rachael Oduala and 19 others who participated in the last year protest to end police brutality in the country.

The apex bank said it took the action to investigate the promoters of the protest on allegations bordering on terrorism financing, among others.

#EndSARS promoters CBN Femi Falana (SAN) Justice Ahmed Mohammed Michael Andoaka (SAN)
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