Business
FG Obtains Court Order To Takeover Bank Accounts Without BVN
From November 2017, the federal government may take over funds kept in accounts without bank verification number (BVN).
An Order papers seen by TheCable show that 19 banks across the country were given an ultimatum of 14 days to advertise accounts without BVN in a national newspaper.
The order issued on October 17 was signed by Nnamdi Dimgba, a judge of the federal court, Abuja.
During this period, owners of such accounts are expected to show cause why the money should not be forfeited.
The Central Bank of Nigeria (CBN) and Nigeria Interbank Settlement Systems (NIBSS) were directed to verify the data provided.
“That an interim order is herey made granting leave to the applicants or any officer authorized by them to advertise the accounts without BVN disclosed by the banks in a widely circulated national newspaper as notice to any person or body corporate or financial institution who may have any interest in any of the said accounts to claim ownership of same within 14 days of the publication of the order and show cause why the proceeds in the account should not be permanently forfeited to the federal government of Nigeria.”
The BVN registration exercise began in February 2014 to curb theft and fraud. Earlier in 2017, the CBN extended the registration exercise to microfinance banks and other financial institutions on the request of Kemi Adeosun, minister of finance.
Nwankwo Odinaka
October 22, 2017 at 10:34 pm
Shameless govt apc
Rodriguez Pence
October 22, 2017 at 9:01 pm
Stop stealing from the vulnerable people’s Accounts
Esomchi Prince Echem
October 22, 2017 at 3:37 pm
https://youtu.be/CFc6wAnMM7c
Chibueze Donatus Okeke
October 22, 2017 at 2:46 pm
APC GOVERNMENT KOBO KOBO.
Immiga Naija
October 22, 2017 at 12:21 pm
Which kind of Justice is granting this order?
Immiga Naija
October 22, 2017 at 12:20 pm
This is a broad daylight robbery
Enoch Ola
October 22, 2017 at 9:49 pm
U Lack Wisdom
Immiga Naija
October 22, 2017 at 10:26 pm
Solomon
Mayor Nelson Iteji Ondoma
October 22, 2017 at 11:44 am
Looters and thieves are in trouble.
Angel Joseph
October 22, 2017 at 11:02 am
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Good day, I’m a participant of Twinkas from Delta state precisely, I’m not here to place an advert or to promote
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Christopher Ochini
October 22, 2017 at 10:15 am
Ok
Ugochukwu Ezeh
October 22, 2017 at 10:13 am
buhari is a virus that want to consume Nigeria.
Godfrey Godfrey
October 22, 2017 at 10:10 am
Not nice
Ali Jos Katsina
October 22, 2017 at 10:00 am
I wl go and get my own today
Icee Age
October 22, 2017 at 9:33 am
Wht is nigeria becoming,?
Afunwa Stephen Stephen
October 22, 2017 at 9:30 am
FG is a criminal Govts ..ok
Camillus James
October 22, 2017 at 9:28 am
Political rubbers. 419ers in Political shied.
Ignatius Igidi
October 22, 2017 at 9:03 am
This people want to plunge Nigeria into crisis.I see Biafra without a shooting of the gun.
Angela E Momoh
October 22, 2017 at 8:59 am
I have 0.014 bitcoins for sale, inbox me urgently if interested
Da Prince Vitalis
October 22, 2017 at 8:55 am
People that traveled out n had problems over there and couldn’t come to do BVN nkoo?
Kelechi Nwachineke Ipob
October 22, 2017 at 8:47 am
If those gods are truly universal, why do they bear names of a particular region?
A universal god is not supposed to bear a name.
Fellow Africans, those gods belongs to the land they came from. They have no business with you.
Call JESUS, OKEKE today and the whites will never acknowledge it.
Call ALLAH, Adebisi today and the Arabs will never acknowledge it.
Nature bestowed upon every region their individual indigenous spirituality and ways of practice. Why trying to copy others? Are you trying to show nature “he” made a mistake by putting yu in Africa?
If “he” wanted you to be a Christian, “he” would have created yu in England or Rome.
If “he” wanted you to be a Muslim, “he” would have created you in Arab.
“He” created you in Africa and bestowed you with your ways of spirituality (OMENALA, ODINAALA, ODINANI, NSOALA -NATURE ).
If you continue harloting and prostituting with foreign gods, you’ll continue having BOMB BLASTS in ur backyard, you’ll continue being neglected by the world, you’ll continue getting “men of god” scam you of your hard earned valuables, you’ll continue living in inferiority complex and low self esteem.
Let’s think……… And go back home. HOME IS CALLING.
I am EKE CHIMA, am teaching you what you should know.
Ekene Udensi
October 22, 2017 at 8:18 am
Poisonous failed govt, DAT chases shadows….
Emmanuel Onyekachi
October 22, 2017 at 8:16 am
#Problem
Tochukwu Amankwe
October 22, 2017 at 8:14 am
Chaii !! Nawa o