CBN seeks power to freeze bank accounts ‘linked to criminals’

The Central Bank of Nigeria is seeking sweeping powers to freeze bank accounts “linked to criminals in the country via an amendment of the Bank and Other Financial Institutions Act (BOFIA) of 2004. The CBN’s Director Legal Services, Mr Kofo Salam-Alada, who made the representations at the National Assembly seek for the power to apply to the court for orders Read More

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