— Adegboruwa says forfeiture ruling is an embarrassment to lawyers
It has been revealed that Forty-six million bank accounts are yet to be linked to Biometric Verification numbers (BVN) and the funds in them will likely be temporarily forfeited to the Federal Government in view of the recent ruling of a Federal High in Abuja.
The Senior Special Assistant to President Muhammadu Buhari on Prosecution Mr Okoi Obono-Obla, who appeared on Channels Television’s Sunday Politics, believes the Federal Government will be justified should this happen.
His comments was in reaction to an order of interim forfeiture made by Justice Nnamdi Dimgba of the Federal High Court in Abuja.
The judge had ordered a temporary forfeiture of funds and freezing of accounts domiciled in 19 Banks not covered by the Biometric Verification Number (BVN).
The BVN was launched in February 2014 and as of October 8, 2017, 30.5 million bank customers have been issued BVNs with 51 million accounts linked to the numbers.
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Revealed: 46 Million Bank Accounts not linked to BVN, May Be Forfeited
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