Ondo State governor Rotimi Akeredolu has defended the freezing of bank accounts belonging to some #EndSARS campaigners by Central Bank of Nigeria (CBN).

“Speaking very honestly, I don’t see anything wrong in it,” Akeredolu said in an interview on Channels Television’s Sunrise Daily.

“If for instance, my account was frozen, what would I do? All I would do is go back to court to explain.”

The Central Bank of Nigeria (CBN) in October froze the account of 20 persons alleged to have funded the two-week-long protest against harassment, extortion and extra-judicial killings by police personnel in the country.

Some of the accounts frozen by the apex bank were in Guaranty Trust Bank, Access Bank, Zenith Bank and other financial institutions.

The CBN argues that the accounts were being used to finance acts of terrorism in country, thereby, violating the Section 13(1)(a)and(b) of the Terrorism (Prevention)(Amendment) Act, 2013 and Regulation 31(2)(a)and (3)(b) of the Central Bank of Nigeria Anti-Money Laundering/Combating the Financing of Terrorism Regulations, 2013.

While groups, civil societies and opposition parties have criticised the government of being oppressive, Akeredolu said the persons whose accounts were frozen should approach the court to challenge the CBN.

“Even politicians, their accounts are sometimes frozen. You have to go to court and explain,” Akeredolu said “And at the end of the day, the court will say, ‘Leave the account. The account should be de-frozen’ and you take your money back.”

Akeredolu, a former chairman of the Nigeria Bar Association, said the protesters should explain the source of the monies in their accounts and the purposes they were meant for.

The CBN in an ex-parte to the frozen accounts told the court that the accounts were being used to finance terrorism but did not mention the owners being linked to the #EndSARS protest. This, Akeredolu said is not a conclusion to the matter.

He downplayed insinuations that the protesters are being charged for a treasonable offence.

“If your account is frozen, you justify why the money was there. You come to explain to what use you have put this money,” Akeredolu said.

“It is just that we (CBN) suspected this account then the owner of the account will explain. it is not a conclusion that those accounts were used for acts of treason.”

Source: https://m.guardian.ng/News/Nothing-wrong-in-freezing-#EndSARS-protesters-account-says-Ondo-governor


https://www.youtube.com/watch?v=BWpcQopGfD8

Mr AKEREDOLU you are absolutely correct 100%

Imagine.

What a clow.....n.

Akeredolu's stance is an unpopular one but thought provoking. We need more people like him who aren't afraid to speak their minds nor swayed by popular mob sentiments into toeing the line of anarchists. I like his candour.

Insensitive people full Buhari administration

YoonSung57:
Insensitive people full Buhari administration

It’s not insensitive, it’s stating facts.

Akeredolu says it as he sees it, and people might attack him, but facts remains facts


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TecM0:
Akeredolu says it as he sees it, and people might attack him, but facts remains facts

werey, people like you are just a disgrace to humanity

TecM0:


And Ignorant uncultured person without knowledge of the law are what to humanity?!

Black Africans read your own law... Education won't kill you


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you are the only ignorant person here, if the federal government think they have comitted a crime by protesting, they should go to court. And you are talking about law, i hope you guys know we are not using sharia law here in the south or you have modified the constitution to ban protest?

the federal government should stop cowardice witch hunting, and i'm very sorry i quoted you because i dont quote lunatics.

evanstinobbc:

you are the only ignorant person here, if the federal government think they have comitted a crime by protesting, they should go to court,

not cowardice witch hunting, and i'm very sorry i quoted you because i dont quote lunatics.

CBN is an independent agency not under Federal Government get education, I mean proper education on how government works

And anybody with suspicious transaction usually to the tune of $10,000 get flagged by banks, while CBN goes to court to get a court order to get the account frozen pending the determination of the source


Even very uneducated people should know all this...


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This is former NBA boss speaking ooo

Akeredolu is talking in the rubbish! He's talking in the nonsense!! He's talking in the thing that don't have sense!!!

ngadaAwo:
mynd44 lalasticlala seun oam4j
rule 2 the most

You also need proper education if rule 2 is this difficult for you to understand

Or should we translate it to Igbo language so you won't embarass yourself again


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Majestie:
FOOLISH MOHAMMEDAN!

Sharia pigs in dubai sent huge funds to their boko haram comrades here in Nigeria.
Why haven't they arrested the who received the funds here in Nigeria. Why haven't the boko haram sponsors in Nigeria been brought to book.

Filthy terrorist!

You know why am not reporting your comments


I love you Ibo man to show your self to others, let them see you for who you are


Nnamdi Kanu's Online minions



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TecM0:


You also need proper education if rule 2 is this difficult for you to understand

Or should we translate it to Igbo language so you won't embarass yourself again


.

translate to the mods

The level of illiteracy in Nigeria is high.

Instead of people to argue logically, they will turn logical comments to an abuse match.

The CBN has every right to block those accounts

Nothing changes!

A terrorist will remain a terrorist.

Filthy animals

TecM0:



You know why am not reporting your comments


I love you Ibo man to show your self to others, let them see you for who you are


.

So CBN has become EFCC or NFIU? To think that Governor Rotimi Akeredolu-who is a SAN & former NBA chairman is the one making this kind of statement tell how education alone does not make one reason rationally