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#ENDSARS: SEE THE ACCOUNTS OF THE 8 #ENDSARS PROMOTERS FROZEN AS DIRECTED BY CBN, ACCESS BANK PLEAD BOYCOTT…

Published by on November 14th, 2020.


The management of Access Bank Plc has pleaded with their customers for understanding following an online campaign calling for boycott, TREND9JA report.

The bank accounts of at least eight persons involved in the #EndSARS campaign were frozen based on the orders of the Central Bank of Nigeria.

The accounts were frozen about two weeks before CBN obtained a court order to do so, TREND9JA learnt that,

Proponents of the call for boycott say the bank should have been more thorough like Stanbic IBTC whose founder Atedo Peterside openly refused to freeze the account of any person without a valid court order.

However, in a statement on Friday, Access Bank said it symphatised with the affected persons, adding it was looking forward to unfreezing the accounts.

β€œWe want to express our sympathy for the inconvenience that eight of our customers are going through due to the restrictions on their accounts as mandated by a federal court order. We are eager for this to be resolved as soon as possible,” the statement read.

β€œIt is common knowledge that we and the entire banking industry are regulated entities and therefore operate under the authority of our regulators and law enforcement agencies. As such we are compelled to comply with regulatory directives.

β€œWhile acknowledging the concern of all well-meaning parties, we urge that enquiries and views be channeled to the relevant regulatory and judicial agencies where the matter is receiving attention.

β€œIt is therefore surprising that some individuals still choose to target Access Bank in a negative manner despite not being the source of the action.”

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