The Federal Government had begun a clampdown on promoters of #EndSARS protests by freezing their bank accounts.
Some #EndSARS promoters, who spoke separately to our source, said their banks informed them that the Central Bank of Nigeria had directed that their accounts should be frozen.
On Tuesday, some promoters of the protests said their accounts had been frozen for the past two weeks.
According to multiple complaints received the CBN, reportedly instructed banks to place a ‘Post No Debit’ restriction on the accounts.
It was learned the banks were able to execute the instruction by tracking the ‘narration’ of transactions.
Bank transactions that included the narration #EndSARS or End SARS were immediately flagged while such accounts receiving funds were frozen.
A pharmacist, Bassey Israel, who was in charge of the #EndSARS medical team in Port Harcourt, said his account with Access Bank marked 003397XXXX had remained frozen since October 15.
According to Isreal, when he learned of the development, he went to the bank to find out the reason for it and he was informed by a bank officer that the order came from the Central Bank of Nigeria.
Isreal, said, “I am in charge of End SARS medical team in Port Harcourt and we had people donating for medical supplies, food, water, ambulance services, and these donations were made directly into my account and of course these donations had End SARS descriptions so I think that was how they were able to flag my account. I noticed that on October 15, I was trying to make a debit transaction on my account and noticed that there was a restriction.
“So, I called the bank and I was told that there was indeed a restriction but I should go to any branch near me and when I did so, the branch manager sent a mail to the branch where I opened the account. The response to the mail was that there was a directive from the CBN to restrict the account.
“The lady was surprised and even asked me if I had any issue with the CBN and I responded that if I had any issue with the CBN, I wouldn’t be in the bank in the first place, I would be on the run. I asked what could be done and she gave me no answer. She had to show me the mail on her computer which I read. It was directly from the CBN and it read, ‘Place this account on PND.”
When asked if others had similar problems, Israel said, “I know many persons that have this same challenge.” Adding that the money in the frozen account was a substantial sum.
Also, another #EndSARS protester told one of our sources that she had not been able to access her account and had been informed that it was frozen.
She, however, wished to remain anonymous for fear of being victimized by the government.
Feyikemi Abudu, who is also a promoters of the #EndSARS movement, confirmed in a tweet that the accounts of several persons involved in the protests had been frozen.
Abdulmumin Isa, acting Spokesman for the Central Bank of Nigeria,(CBN) who was first contacted last week on the telephone, asked for a little time .
However, Isa had yet to provide any information on the matter after one week of waiting
Also Abdul Imoyo, the Spokesman for Access Bank, , said he could not make comments on individual accounts of customers for confidentiality reasons.