Skip to main content

CBN Action: #EndSARS Campaigners Should Explain Use Of Funds, Says Akeredolu

 


The Chairman of the South-West Governors’ Forum, Rotimi Akeredolu (SAN), said there shouldn’t be unnecessary debate over the frozen accounts of #EndSARS promoters by the Central Bank of Nigeria.

The apex bank obtained a court order to freeze the account of 20 #EndSARS campaigners after linking the funds in their account to suspected terrorism financing.

However, Akeredolu, who spoke Wednesday on Channels Television’s Sunrise Daily Programme, stated that this is not the first time bank accounts were frozen by the CBN.

He said those whose bank accounts were frozen should approach a competent court to justify the “legitimate” source and use of funds in the frozen accounts.

Akeredolu, who is also the Ondo State Governor, noted that the matter was discussed last Sunday at the meeting of governors, traditional rulers, and other stakeholders in the region held in Lagos in the aftermath of the violence that trailed the #EndSARS protests.

The governor said the leaders agreed at the meeting to take certain steps on the frozen accounts but decided not to announce their decisions to the media.

He said, “The issue of the accounts that were frozen was discussed but nobody said in the communique that we appreciated the government for freezing the accounts.

“We know that there are ways to get a few things done without putting it in the public glare and start contestation on the pages of newspapers. So, we know what we decided and we know what we want to do about that.

“The issue, when it was raised, generated debate. But it was so clear that some people were getting to fund this for reasons other than #EndSARS. So, if we know money moved from some accounts that were suspicious, do you say the government should keep quiet? It is something we are looking into.”

Akeredolu also reacted to the youth representatives who pulled out of the Lagos State Panel of Judiciary Inquiry probing cases of police brutality and the Lekki shootings.

The governor urged them to resume sitting while they challenge the CBN action in court.

He said, “If I were counsel to those people, I will not advise them not to appear at that panel.

“Accounts are frozen, is that the first time it is done? If your account was frozen, you justify why the money was there. You explain what use you have used the money. If it is, okay, we paid this caterer to give food to these boys when they were there. We spent money before the hoodlums took over, it will be explained, people will know and the accounts will be de-frozen.

“If for instance, my account was frozen, all I will do is to go to court and explain. Politicians’ accounts have been frozen and all they do is to go to court to explain and the court will say, leave the accounts and the accounts will be de-frozen and they get their money.”


Comments

Popular posts from this blog

Biden Announces Purchase Of 200M Vaccine Doses

  President Joe Biden announced a series of measures on Tuesday aimed at ramping up coronavirus vaccine allocation and distribution, including the purchase of 200 million more vaccine doses and increased distribution to states by millions of doses next week. With those additional doses, Biden said there would be enough to fully vaccinate 300 million Americans -- nearly the entire US population -- by the end of summer or early fall. He described efforts to combat Covid-19 as a "wartime undertaking." We now have a national strategy to beat Covid-19. It's comprehensive. It's based on science, not politics. It's based on truth, not denial, and it is detailed," he said. As part of the new efforts announced Tuesday, the US will buy 100 million more doses from Pfizer/BioNTech and 100 million more from Moderna -- the two-dose vaccines that have been granted emergency use authorization by the US Food and Drug Administration. Pfizer and Moderna are working to step up p...

Police Arrest 20, Rescue More Victims After Killing Of 22 Travellers In Plateau

The Plateau State Police Command has arrested 20 suspects in connection with a recent deadly attack on travellers in Jos, the state capital.  On Saturday, several travellers were attacked and killed by gunmen in the Jos North Local Government Area of the state. The travellers were reportedly passing through Jos when they ran into gunmen who opened fire on them. In a statement issued on Sunday by the force spokesperson, Frank Mba, the police have arrested 20 suspects while about 33 victims have been rescued.  Mba also stated that the Inspector General of Police, IGP Usman Alkali Baba, has ordered the deployment of Police Intervention Team to Plateau State to carry out on-the-spot assessment.  This, he said, is to ensure an enhanced, coordinated response to protect the community and boost public confidence in the affected area of the state.  The statement read partly, “ The Police Intervention Team is led by DIG Sanusi N. Lemu, mni, the Deputy Inspector General of Poli...

Gov. Dave Umahi Arrests Journalist Over Facebook Post

Ebonyi State Police have arrested and detained journalist  Godfrey Chikwere  on the orders of the state governor David Umahi over Facebook posts. The journalist was arrested by the police during the weekend following a petition by the government accusing him of “hate speech, incisive publication and cyberbullying.” “I write to inform your esteemed office as follows: That on the 8th day of October, 2021 at about 14:44 hours, one Godfrey Chikwere with phone number 080615707** did publish fake news and incisive post on Facebook profile called Godfrey Chikwere and other media platforms and stated as follows: Nigerian Army is seriously and willingly losing respect. “That on the same 8th of October, 2021, Godfrey Chikwere in the Facebook profile made a dangerous and disturbing publication and stated as follows: ‘They (politicians) can pay a youth to murder a perceived political enemy but they can’t give such youth money to start a business.’ “That this false, fake and incisive publi...