CBN requests Accounts without BVN as Banks lobby AGF

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The Central Bank of Nigeria has written a letter to the Deposit Money Banks in the country, asking them to submit list of customers and bank accounts without bank verification number.

This is coming as the lenders keep lobbying the office of the Attorney General of the Federation to back down on plans to seize monies in account without BVN.

The letter came after a Federal High Court in Abuja ordered the CBN and 19 banks to freeze accounts without the BVN and got an interim order seeking the forfeiture of deposits in the accounts without the BVN, among others.

A good number of the DMBs, if not all, have complied with the directive from the CBN, top bank officials, confirmed to PUNCH on Sunday under the condition of anonymity.

Shortly after the November 3 deadline given by the court, commercial banks had started the compilation of bank accounts without the BVN.

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