Monday, December 6, 2021

Access Bank Apologises For Freezing #EndSARS Protesters Account, Tweeps React

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Nigerian financial institution Access Bank has tendered apologies, especially to the youths for freezing the accounts of 8 #EndSARS protesters, thereby restricting them from making transactions.
The Federal Government through the Central Bank of Nigeria had ordered the freeze two weeks after the protests, as alleged, though the Senate said it was not aware. The affected #EndSARS protesters, Rinu Oduala inclusive, alleged that their banks informed them that the CBN directed that their accounts be frozen. The apex bank reportedly instructed banks to place a “Post No Debit” restriction on the accounts.
Apologising, Access Bank note that efforts are ongoing to ensure that normalcy is restored. “It is common knowledge that we and the entire banking industry are regulated entities and therefore operates under the authority of our regulators and law enforcement agencies. As such we are compelled to comply with regulatory directives.  While acknowledging the concern of all well-meaning parties, we urge that enquiries and views be channeled to the relevant regulatory and judicial agencies where the matter is receiving attention. It is therefore surprising that some individuals still choose to target Access Bank in a negative manner despite not being the source of the action”, part of its statement reads.
Read also: Let’s Be Proactive To Avert Another Youth Protest – Senate President, Ahmed Lawan
“We have always been committed to efforts that promote ease of banking and develop the communities we serve and we will not stop doing so. We are for you always”, it added. Many tweeps, however, have promised to close down their accounts with Access Bank. What raged them is the report that Stanbic refused to follow the CBN’s order and they insisted Access Bank have done same. See some reactions below:

Photos Credit: Twitter
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