WAHALA......FG files an application before the federal High Court seeking permanent forfeiture of all money laying in Commercial Banks without BVN
hehehehehe...........The Federal Government through the office of the Attorney General of
the Federation and Minister of Justice, Abubakar Malami, has filed an
application before the Federal High Court seeking the permanent
forfeiture of any balance in a bank account without a BVN. An interim
order of forfeiture was granted by the court on the 17th Oct for the
banks to show cause within 14 days why the balances in such accounts
should not be forfeited to the Federal government. The present practice
is that banks only permit deposits into such accounts. No withdrawal is
allowed. Should the Federal government succeed, the money would
be forfeited permanently. See copies of the court papers below...abeg
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