Stella Dimoko Korkus.com: Court Relaxes Conditions To Unfreeze Unlinked Accounts Without BVNs

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Thursday, 16 November 2017

Court Relaxes Conditions To Unfreeze Unlinked Accounts Without BVNs

The Federal High Court in Abuja on Wednesday modified its orders made on October 17, 2017 directing the 19 commercial banks in the country to freeze all accounts without Bank Verification Numbers.




Following a compromise reached between the lawyers to the Federal Government and 19 commercial banks during Wednesday’sproceedings, Justice Nnamdi Dimgba “revised” the earlier ruling by directing banks to immediately unfreeze accounts that had since been linked to a BVN after the orders were made.


The judge also revoked the Order Number 5 in the ruling, which had directed an interim forfeiture of the proceeds in all the accounts without the BVN pending the determination of the substantive suit.


The judge adjourned the matter until December 11 for hearing.

Edited from Punchng

4 comments:

Miss Ess said...

Hmmmm.....

sugar babe said...

Thank God oo

Mcedar said...

Why? What's there for people to walk into the bank and do their BVN since January. We need discipline in this country. They should freeze the accounts abeg.

Anonymous said...

You are an idiot! How do you want people in diaspora to cope when there aren't BVN registration centers in their countries. Do you know the efforts people made to do their BVN yet to no avail? Thanks to OIS at least I can do mine next week. Hope it works out fine.

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