[EXTRA]: CBN Accuses #EndSARS Protesters Of Alleged Terrorism Financing [IN-FULL Court Process]

The Central Bank of Nigeria(CBN) filed an application Ex parte
before the Federal High Court to freeze the accounts of 20 #EndSARS
Protesters and Promoter for an alleged case of terrorism being
investigated against them.

The Motion which was made available to Nairalaw was
brought pursuant to Sections 57 & 60(B) of Banks and Other
Financial Institutions Act(BOFIA), Section 13(1)(a) & (b) of
Terrorism Prevention Amendment Act, 2013, Regulation 31 (2)(a) &
(b) of the CBN Anti Money Laundering/Combating the Financing of
Terrorism, 2013 and Order 26 Rule 5(2) of the Federal High Court
Civil Procedure Rules, 2019.

Meanwhile, the CBN stated that there “is an on-going
investigation”, being conducted “into the activities of the
Defendants/Respondents who are alleged to be involved in suspected
terrorism financing via their bank accounts”.

In addition, CBN urged that the order to freeze the accounts is
essential pending the outcome of the investigation in order “to
prevent further acts of economic and security sabotage against the
Federal Republic of Nigeria”, adding that it will “enable the CBN
to pursue its investigation to a logical conclusion with a view to
reporting same to the Nigerian Financial Intelligence Unit”.

In addition, in the Affidavit deposed to by Aondowanse Jacob
Apera, Esq, he stated that the transactions being undertaken in
their accounts “can cause significant economic and security harm to
the public and the Federal Republic of Nigeria if left
unchecked”.

Some of the affected individuals include Bolatito Racheal
Oduala, Chima David Ibebunjoh, Mary Doose Kpengwa, Saadat Temitope
Bibi, Bassey Victor Israel, Wisdom Busaosowo Obi, Nicholas Ikhalea
Osazele, Ebere Idibie, Akintomide Lanre Yusuf, Uhuo Ezenwanyi
Promise and Mosopefoluwa Odeseye.

Others are: Adegoke Pamilerin Yusif. Umoh Grace Ekanem,
Babatunde Victor Segun, Mulu Louis Teghenan, Mary Oshifowora,
Winifred Akpevweoghene Jacob, Victor Solomon, Idunu A. Williams,
and Gatefield Nigeria Limited.

Nairalaw recalls that the Federal High Court presided
over by Hon. Justice A.R Mohammed vide an order dated 5th day of
November, 2020 granted the prayers of the CBN and caused their
accounts to be frozen.

The Central Bank of Nigeria(CBN) filed an application Ex parte
before the Federal High Court to freeze the accounts of 20 #EndSARS
Protesters and Promoter for an alleged case of terrorism being
investigated against them.

The Motion which was made available to Nairalaw was
brought pursuant to Sections 57 & 60(B) of Banks and Other
Financial Institutions Act(BOFIA), Section 13(1)(a) & (b) of
Terrorism Prevention Amendment Act, 2013, Regulation 31 (2)(a) &
(b) of the CBN Anti Money Laundering/Combating the Financing of
Terrorism, 2013 and Order 26 Rule 5(2) of the Federal High Court
Civil Procedure Rules, 2019.

Meanwhile, the CBN stated that there “is an on-going
investigation”, being conducted “into the activities of the
Defendants/Respondents who are alleged to be involved in suspected
terrorism financing via their bank accounts”.

In addition, CBN urged that the order to freeze the accounts is
essential pending the outcome of the investigation in order “to
prevent further acts of economic and security sabotage against the
Federal Republic of Nigeria”, adding that it will “enable the CBN
to pursue its investigation to a logical conclusion with a view to
reporting same to the Nigerian Financial Intelligence Unit”.

In addition, in the Affidavit deposed to by Aondowanse Jacob
Apera, Esq, he stated that the transactions being undertaken in
their accounts “can cause significant economic and security harm to
the public and the Federal Republic of Nigeria if left
unchecked”.

Some of the affected individuals include Bolatito Racheal
Oduala, Chima David Ibebunjoh, Mary Doose Kpengwa, Saadat Temitope
Bibi, Bassey Victor Israel, Wisdom Busaosowo Obi, Nicholas Ikhalea
Osazele, Ebere Idibie, Akintomide Lanre Yusuf, Uhuo Ezenwanyi
Promise and Mosopefoluwa Odeseye.

Others are: Adegoke Pamilerin Yusif. Umoh Grace Ekanem,
Babatunde Victor Segun, Mulu Louis Teghenan, Mary Oshifowora,
Winifred Akpevweoghene Jacob, Victor Solomon, Idunu A. Williams,
and Gatefield Nigeria Limited.

Nairalaw recalls that the Federal High Court presided
over by Hon. Justice A.R Mohammed vide an order dated 5th day of
November, 2020 granted the prayers of the CBN and caused their
accounts to be frozen.