Nigerians urged to support FG’s plan to forfeit bank accounts not linked by BVN

Nigerians have been urged to support the recent plans of the federal government to forfeit monies domiciled in bank accounts not linked by bank verification numbers -BVN if the country must make progress in the attempt to curb financials frauds and other forms of corruption in the country.
A legal professional, Dr. Etefia Ekanem who spoke with PLANET NEWS said the action if implemented would help to reduce the impression that the nation’s government lacks political will to fight corruption, adding that it would be in the best interest of the country.

On the argument by some persons opposing the policy that many Nigerians who own the non-BVN accounts may be resident abroad, Dr. Etefia who is of the Faculty of Law, University of Uyo asserted that those persons would have taken advantage of the opportunity earlier made for diasporans to enroll for the BVN.
Our correspondent, Anthony Esin reports that Etefia strongly held the view that those opposing the decision were people with ulterior interest and missions.

Federal High Court in Abuja presided over by Justice Nnamdi Dimgba Igwe had on October 18 granted ex parte order that all monies in bank accounts owned by corporate organisations, government agencies or individuals that are without bank verification numbers BVNs will be forfeited to the federal government in 14 days from the date the order was given should the owners of the accounts fail to show cause why their monies should not be forfeited.

Leave a Reply