Across Nigeria Corruption Matters Main News News

BVN: Banks frustrating anti-corruption war, FG, AGF tell court

The Federal Government and the Attorney General of the Federation, Mr. Abubakar Malami (SAN), have alleged that the opposition of the 19 commercial banks to an order of the Federal High Court in Abuja on the Bank Verification Number is a sign that the banks are working against the anti-corruption policy of the current administration.

The court last month ordered the banks to freeze all accounts without Bank Verification Number.

The government and the minister made the allegation in their response to an application by the banks challenging the jurisdiction of the court to make the freezing order of October 17, 2017.

The government stated in its response to the banks’ application that the banks also refused to comply with the court order directing them to disclose the accounts in their custody without BVN.

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