FG Freezes UBA Bank Account Being Used To Raise Fund For August Protest

Indications showed that the Federal Government of Nigeria has been able to track down and place a ban on a bank account being used to mobilize funds for the organizers of the planned nationwide protest in the country.

A leaked document that emanated from a legal firm, Inibehe Efiong Chambers, showed that the government has detected the bank account being used by the organizers of the planned protests to mobilize funds ahead of August 1st when the protest.

The law firm had written the United Bank for Africa to immediately lift the ban on the suspicious bank account, 2109193911, a corporate account opened with the bank account name “Take It Back”.

The letter which was directed to the Managing Director, United Bank for Africa PLC, 57, Marina Road, Lagos Island, Lagos, demands immediate lifting of the restriction placed on TAKE IT BACK GLOBAL LTD/GTE’s account.

The letter read in parts “We are Solicitors to Take It Back Global Ltd/Gte, a corporate entity duly incorporated in Nigeria and hereinafter referred to as our “Client” and on whose behalf we write this letter.

“We have been informed by our Client that it opened an account with United Bank for Africa PLC (the “Bank”) with the following particulars:

Account Name: Take It Back

Account Number: 2109193911

“We were further informed by our Client today, the 26th day of July 2024, that it has been unable to access the above-described account as the said account has been frozen by the Bank and rendered inoperable.

“As of the time of writing this letter to you, neither the Bank nor any of its staff has offered any formal explanation in respect of the restriction on our Client’s account.

“Given the above, we are by this letter demanding that you offer a well-detailed, formal, and immediate written explanation for the freezing of our Client’s account within 24 hours of the receipt of this letter.

The legal firm, however, pleaded with the bank to note that it would be sued if the ban placed on the said bank account was not lifted within the given 24 hours.

“If you refuse or fail to comply with the above demand within the stipulated time, we have the firm instruction of our Client to institute necessary legal actions against you,” the law firm stated.

Some individuals have been accused of mobilizing for a nationwide protest without showing their identities. The protest centered on calling on the government to end maladministration in the country, among other requests by the intending protesters is a demand for the release of Nnamdi Kanu, leader of a proscribed terrorist group, Indigenous People of Biafra, IPOB.