Connect with us

BUSINESS

Access Bank Faces N100m Lawsuit After Its Reportedly Implemented CBN’s Order To Freeze Pro-#EndSARS Protest Account

Published

on

Access-bank-limited-768x432





Access Bank Plc, Nigeria’s biggest lender, is accused of illegally blocking an account used to promote media coverage of protests against police brutality that recently swept Africa’s most populous country.

Gatefield Nigeria Ltd., a public affairs company, filed a case against Access Bank in a federal court in Abuja, the capital, on Oct. 28, accusing the lender of “unilaterally restricting” its account and demanding damages of 100 million naira ($262,000), according to court documents. The account was used to raise funds to support independent Nigerian journalists that covered nationwide demonstrations that lasted almost three weeks, according to the firm.

“As more people contributed to our efforts, we noticed that we could no longer conduct transactions on the dedicated account we used for this particular activity,” Adewunmi Emoruwa, the lead strategist for Abuja-based Gatefield, said Tuesday by phone.

Advertisement

ALSO READ: Justice Tsoho, Others Fingered In Plot To Compromise Lawsuits Blocking Forwarding Of So-called NDDC’s Board Appointees To Senate

The lawsuit will test whether blocking Gatefield’s account without a court order was unlawful. There were other allegations by individuals and organizations on social media that their accounts were restricted during the protests for apparently similar reasons.

“A successful challenge at the court could make the difference for others who were likewise targeted,” Emoruwa said.

Advertisement

Gatefield was told by Access Bank that it was directed by the Central Bank of Nigeria to put restrictions on the account, implemented on Oct. 15, Emoruwa said. A spokesman for Access Bank said the lender doesn’t comment on its customers to third parties. A spokesman for the central bank didn’t respond to emails and calls seeking comment.

More than 70 people, including at least 22 policeman and soldiers, died as the initially peaceful protests against the excesses of the police’s Special Anti-Robbery Squad, or SARS, degenerated into days of rioting and looting across most of the country of more than 200 million people. Security forces killed at least 10 people when they opened fire on peaceful protesters gathered in Lagos on Oct. 20, according to human rights group, Amnesty International. The Nigerian army has denied the allegation.

ALSO READ: Henry Okah Files Fresh Suit Challenging Conviction In S’Africa

Advertisement

Thousands took to the streets from Oct. 5 in response to a video that circulated on social media purportedly showing SARS officers molesting a civilian.

Human Rights Watch, the New York-headquartered rights group has “documented several cases of organizations and individuals whose bank accounts were frozen after receiving or disbursing funds to support the #EndSARS protests,” its Nigeria researcher, Anietie Ewang, said by email.

This story contains information from Bloomberg.

Advertisement
FEATURED49 minutes ago

PDP Takes Stocks, Set Up Caretaker Committee For Delta Party’s Structures

social media
FEATURED14 hours ago

‘Leave Behind Political Habits That Caused Decline Of PDP’ – Ned Nwoko Admonishes Gov. Oborevwori On APC Defection

Victor Ochei
FEATURED1 day ago

UPDATED: Ochei Hails Oborevwori’s Defection To APC Says ‘It’s A Great “Tsunami” For Greater Delta’ Under Tinubu’s ‘Renewed Hope’

Oborevwori
FEATURED2 days ago

Cabinet Dissolution Looms In Delta, Power Sharing Formula Between APC And PDP Blocks Revealed

FEATURED2 days ago

Oborevwori Must Vacate His Seat As Governor – Bode George Fumes Over Defection

FEATURED2 days ago

BREAKING: Intrigues As Atiku’s Running Mate, Okowa, Oborevwori Dump PDP

EDITORIAL2 days ago

Delta North: ‘Herdsmen Are Terrorising And Killing Our Farmers’ – Senator Nwoko Raises Alarm

FEATURED3 days ago

Rivers Emergency: Inside Details Of Tinubu, Fubara Secret London Meeting, Wike Left Out

OPINION3 days ago

DON’T BETRAY DELTA; REJECT OBOREVWORI’S LAST-DITCH EFFORT TO JOIN APC, BY GEORGE URHIE

Dr. Paul Bebenimibo
NEWS3 days ago

DOPF Congratulates Bebenimibo On Appointment As Registrar Of Maritime Varsity

Constitutional crisis
FEATURED3 days ago

How Tinubu’s Timely Return From Europe Averted Constitutional Crisis

COMMUNITY REPORT3 days ago

Delta North APC Youth Leadership Pass Vote Of Confidence On Sen. Ned Nwoko

Olu of Warri
OPINION3 days ago

FLASHBACK: OLU OF WARRI PROCLAMATIONS TO HIS SUBJECTS: THE RENEWAL OF COMMITMENT BEGINS WITH ATUWATSE III, BY ZIK GBEMRE

FEATURED3 days ago

Ned Nwoko: Quest For Creation Of Anioma State Strategic Move For National Equity

FEATURED4 days ago

Delta Governor Speaks On Sudden Death Of His Special Adviser, Shimite Love

Advertisement
Advertisement