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CBN, FG Did Not Inform Us Before Freezing Bank Accounts Belonging to #EndSARS Promoters -Senate

CBN, FG Did Not Inform Us Before Freezing Bank Accounts Belonging to #EndSARS Promoters -Senate

The Nigerian Senate has said that the Central Bank of Nigeria, CBN, and FG did not inform the Senate before freezing the bank accounts of the top promoters of the #EndSARS protest.

Recall that IssuesNG earlier reported that the bank accounts belonging to about 12 promoters of the #EndSARS protest was frozen by the Central Bank of Nigeria on November 1, while several others were denied from traveling out of the country.

But on Monday, the Chairman of the Senate Committee on Judiciary, Human Rights and Legal Matters, Opeyemi Bamidele, while speaking with journalists said the Senate was unaware of the development, but only saw the reports on the news.

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According to Bamidele, the CBN Governor, Godwin Emefiele and the Federal Government did not write to the Senate before taking the decision.

“We are not aware of the CBN freezing the accounts of #EndSARS campaigners. We read it in the news like everyone else. Our committee is interested in knowing what is going on in this regard. Our committee is neither in a position to either explain or defend the CBN’s action” he said.

Further noting that the Senate could not explain the action taken by the CBN, He, therefore, revealed that the Senate would reach out to the CBN and the Federal Government to know exactly what the stakeholders in charge were trying to achieve.

“We will reach out to the executive. If it is true, we would find out what the stakeholders in charge are trying to achieve with this,” Bamidele said.

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