Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,967 members, 7,863,442 topics. Date: Monday, 17 June 2024 at 05:50 PM

FX Crisis: Court Grants EFCC Permission To Freeze 1,146 - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / FX Crisis: Court Grants EFCC Permission To Freeze 1,146 (169 Views)

FX Crisis: Naira Depreciates By N130 Against Dollar In 24 Hours / FX Crisis: Ban Crypto In Nigeria. EFCC, CBN Should Move Against Them - Onanuga / Nigeria's FX Crisis: What You Should Know By Kingsley Moghalu (2) (3) (4)

(1) (Reply)

FX Crisis: Court Grants EFCC Permission To Freeze 1,146 by Elliotwaveforec: 7:46pm On Apr 29
Federal High Court sitting in Abuja has granted an interim order sought by the Economic and Financial Crimes Commission (EFCC) to freeze at least 1, 146 bank accounts belonging to individuals and companies over allegations bordering on unauthorised dealing in foreign exchange, among others.

Other offences being investigated by the anti-graft agency bordered on money laundering and terrorism financing.

Justice Emeka Nwite, in a ruling on the ex-parte motion moved by EFCC’s counsel, Ekele Iheanacho, also granted the commission’s application to conclude the investigation within 90 days.

The Judge, while granting the applicant’s application as prayed held, “That an order of this honourable court is hereby made freezing the bank accounts stated in the schedule below which accounts are owned by various individuals who are currently being investigated in a case involving the offences of un-authorised dealing in foreign exchange, money laundering and terrorism financing to the extent that the investigation will be for a period of 90 days.”


The Certified True Copy (CTC) of the ruling which was delivered on April 24, was made available to newsmen in Abuja on Monday.

The EFCC, in the motion ex-parte marked: FHC/ABJ/CS/543/2024 filed on April 24 by Iheanacho, was heard by the judge same day in the interest of national interest.


The anti-graft agency had sought the order freezing the bank accounts stated in the schedule attached to the motion pending the conclusion of the investigation on three grounds.

According to the EFCC, “The bank accounts in respect of which the reliefs are sought are subject matters of investigation by the EFCC in relation to money laundering and terrorism financing.

“That preliminary investigation conducted thus far reveals that the bank accounts are linked to persons who take advantage of the virtual cryptocurrency exchange platforms to illegally manipulate the value of Naira and laundering proceeds of unlawful activities.


“That there is need to preserve the funds in the identified bank accounts pending the conclusion of investigation and possible prosecution.”

The Judge adjourned the matter till July 23, 2024 for mention.

Some of the account names mentioned in the attached schedule are, Akitoye Adeyemi Ayomide with GTBank account number; 0165110025; Clyp Trading Ltd, Titan Trust Bank account number: 0000331101; Clyp Consulting Ltd, Providous account number: 9401374554; and Toyetech Platforms Ltd, Titan Trust Bank account number: 0000134962.


They also include Winx International Platforms Ltd, Titan Trust Bank account number: 0000135055; Shutterscore Trading Platforms Ltd, Access Bank account number: 1532363954; Tradecillion Trading Ltd, Stanbic IBTC account number: 0045672922; and Nsofor Donald Nmamdi, GTBank account number: 0449088666

They equally include Kora Payments Network Ltd-Operations, UBA account number: 1022242089; Renderstack Technologies Ltd, Zenith Bank account number: 1210355120; Korex Payments Ltd, Globus account number: 5000007837; and Awe Microfinance Bank Ltd, Providous account number: 5400760781; and Victor Samuel Asuquo, Opay Digital Services Ltd account number: 9020132068.

Others are Akingbade Sabit Juwon, ECONANK account number: 3442053006; Nsofor Donald Nmamdi, Union Bank account number: 0140460572; Asuquo Victor Samuel, First Bank account number: 3153199542; Oty Ugochukwu Stanley, FCMB account number: 4039304011; Oty & Sons Global Concepts, Fidelity Bank account number: 6060410145; and Pelumi Ayandoye, Wema Bank account number: 0234852277; and David George Ajala, Fidelity Bank account number: 5090680780, among others.


READ ALSO FROM NIGERIAN TRIBUNE

Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
Join our WhatsApp Channel now

Abuja doctor reveals unique way to permanently cure weak erection, small and shameful manhood and infertility issues without side effects within a short period. Click now to see!!.


Tags: courtEFCCForex crisis
Previous Post
Senate may review suspension of Ningi if… — Sen. Adaramodu
Next Post
UN women commended for implementing peace programme in Nigeria
Most Read
8 highest-paying courses in Nigeria you’ll never regret studying8 highest-paying courses in Nigeria you’ll never regret studying
6 places to visit in Ibadan under 2k6 places to visit in Ibadan under 2k
18 years tertiary education admission age limit: WAEC, JAMB, NECO shouldn’t register underaged again for exams — Parents’ body18 years tertiary education admission age limit: WAEC, JAMB, NECO shouldn’t register underaged again for exams — Parents’ body
First electric bus launched in OyoFirst electric bus launched in Oyo
Mohbad’s wife gets court summons for son’s DNA testMohbad’s wife gets court summons for son’s DNA test
FG dumps N16 trillion railway projects for N2.6trn Lagos-Calabar coastal road —InvestigationFG dumps N16 trillion railway projects for N2.6trn Lagos-Calabar coastal road —Investigation
Sending Ooni of Ife to TinubuSending Ooni of Ife to Tinubu
Soun inaugurates 15-man committee on culture, tourism carnival in OgbomosoSoun inaugurates 15-man committee on culture, tourism carnival in Ogbomoso
FACT CHECK: Somalia president, deputy DID NOT fight in viral VIDEOFACT CHECK: Somalia president, deputy DID NOT fight in viral VIDEO
There is a new strongman in judiciary... not the CJNThere is a new strongman in judiciary... not the CJN

Re: FX Crisis: Court Grants EFCC Permission To Freeze 1,146 by FatherChrismas: 8:32pm On Apr 29
Elliotwaveforec:
Federal High Court sitting in Abuja has granted an interim order sought by the Economic and Financial Crimes Commission (EFCC) to freeze at least 1, 146 bank accounts belonging to individuals and companies over allegations bordering on unauthorised dealing in foreign exchange, among others.

N

You really mean boys on that crypto thread o grin grin

(1) (Reply)

Owner Of Parcel King Cries Out About His Business In Ireland / Guinness Announces Plan To Leave Nigeria After 75 Years As Tinubu’s Inflation / Shopping

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 15
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.