Saturday, 21 August 2021 05:53

CBN orders freeze of bank accounts of 18 companies

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Central Bank of Nigeria (CBN) yesterday ordered banks to place a post-no-debit on the bank accounts of 18 companies, which would only allow inflows but no withdrawals either from automated teller machines (ATMs) or by cheques or other methods.

The directive to banks on the blockage of the 18 companies’ accounts is contained in a circular issued on Thursday and signed by CBN’s Director of Banking Supervision, Haruna Mustapha, which also instructed banks to send details of their accounts.

CBN, which did not give reasons for directing the freezing of the accounts, said the affected companies’ accounts belonged to bureaux de change (BDCs), construction firms, investment companies, laundering services, and property companies.

The CBN’s circular to the banks said, “You are hereby directed to place all accounts of the under-listed customers on Post-No-Debit (PND) restriction.”

The affected companies include Bakori Mega Services, Ashambrakh General Enterprise, Namuduka Ventures Limited, Crosslinks Capital and Investment Limited, IGP Global Synergy Limited, Davedan Mille Investment Limited and Urban Laundry.

Others are Advanced Multi-Links Services Limited, Spray Resources, Al-Ishaq Global Resources Limited, Himark Intertrades, Charblecom Concept Limited, Wudatage Global Resources.

Also included are Treynor Soft Ventures, Fyrstrym Global Concepts Limited, Samarize Global Nigeria Limited, and Zahraddeen Haruna Shahru.

 

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