NewsGroup Condemns CBN’s Freeze Order Of #ENDSARS Promoters' Bank Accounts

Group Condemns CBN’s Freeze Order Of #ENDSARS Promoters’ Bank Accounts

GTBCO FOOD DRINL

SAN FRANCISCO, November 09, (THEWILL) – A group, Access to Justice, has condemned the freezing of the accounts of some #EndSars promoters by the Central Bank of Nigeria (CBN).

The DSS had asked the apex bank to freeze the accounts as it investigates intelligence that foreign and local actors conspired to undermine and sabotage the federal government using the cover of the protests.

In a statement titled: “CBN’s Descent into Partisan Political Arena and Abetting of Political Repression is Appalling and Gross Abuse of its Regulatory Powers”, AND signed by the convener, Access To Justice, Joseph Otteh said freezing of the accounts started around October when the #EndSARS protests were relatively peaceful.

According to the group, “the CBN reportedly ordered commercial banks and payment platforms to freeze accounts linked to persons associated with the protests. Following up its actions afterwards by seeking a court order shows the CBN knew it was acting illegally when it directed commercial banks to freeze the aforesaid accounts, but went ahead anyway to do so. Court orders do not have a retrospective effect; therefore the CBN’s prior actions were wholly unlawful and unconstitutional.”

The group expressed concern over CBN’s way of becoming political. “The CBN is transforming into a partisan political organ of the government and putting its vast regulatory powers into illicit partisan political uses, for the purpose of suppressing the legitimate exercise of constitutional rights of freedom of speech and expression”, it said.

The Group contended that objects of CBN are enumerated in section 2 of its enabling Act and does not include power to direct freezing of anyone’s account for involvement in a civil protest. They added that CBN is not a criminal law enforcement arm of the government.

ALSO READ: EXCLUSIVE: Why DSS Ordered #ENDSARS Promoters’ Bank Accounts Frozen, Blocked Foreign…

“If any crime is alleged to be committed by the protesters using their banking accounts, a report of the alleged crime(s) should have been made to a duly established law enforcement agency for investigation. CBN has usurped the powers of law enforcement authorities, and makes itself, illegally, accuser, investigator and prosecutor. In so doing, it acts well outside the perimeters of its statutory powers”, they added.

The implication, according to Access to Justice, is that the actions of CBN “are huge and very troubling.” they said civil rights and political liberties are now greatly endangered if CBN is allowed to get away with it. The Bank can replicate the same actions against political opponents of the government, and civil society, in order to weaken them, deprive them of the means and ability to function or hold the government accountable. This is an unfortunate (and probably unprecedented) corruption and distortion of the role of a central bank. The CBN Governor is taking the Bank down a very contagious, perilous, slope.”

Furthermore, the group expressed concern that the ex-parte order was granted despite absence of urgency. According to them, the court should have requested that the affected #EndSars protesters be put on notice of the application so they can defend themselves and show reasons why the order(s) should not be made against them.

“Hon Justice Mohammed’s order is, therefore, regrettable and unfortunate; it is not consistent with established judicial precedents, and will undermine public confidence in the Judiciary. Asking those caught and crippled by the order to apply to court for review after the order was made is like medicine after death. They ought to have been heard in the first place, before the order was made!”, the statement added.

About the Author

Homepage | Recent Posts
aiteo

More like this
Related

No Room For Error As Man City Chase Down Gunners – Guardiola

May 3, (THEWILL)- Pep Guardiola has dismissed suggestions that...

Zamfara APC Group Asks EFCC To Reopen Corruption Investigation Against Defence Minister

May 3, (THEWILL)- Dozens of protesters from Zamfara State...

1966 Coup: Ohanaeze Condemns Igbo Elders’ Attempt To Apologise To Fulani Leadership

May 3, (THEWILL)- The pan Igbo socio-cultural organisation, Ohanaeze...