Central Bank of Nigeria (CBN) announced Wednesday it has secure a court order to freeze 11 bank accounts to enable it conduct investigations into suspicious activities, according to a release.
The apex regulator stated on its website that the injunction from the Federal High Court, Abuja, empowers it to suspend the accounts for 6 months.
The accounts include: Albert Austin Ugochukwu with two bank accounts; Belfour Energy & Allied Services; Belfour Oil and Gas Limited with three bank accounts; Circle Flow Integrated Services; Kacynaus Reality Nigeria Limited with three bank accounts; and Tasmara Integrated Services.
The accounts are domiciled in First City Monument Bank Limited which is directed to freeze all transactions on the accounts for a period of 180 days pending the outcome of investigation and inquiry currently being conducted by the CBN.
