A memo circulating online (see below) indicates the central bank has instructed banks to Post-No-Debit on account of 38 companies.
A Post-No-Debit (PND) is basically an instruction to banks not to allow any withdrawals or transfers from the bank account of account owners, essentially blocking the account from outflows.
It is usually drastic a measure taken to allow for investigation and possible to reclaim any illegal inflow into an account.
The CBN did not state why the accounts were flagged but TNL learnt that the move by the apex bank comes months after the Economic and Financial Crimes Commission launched an investigation into the activities of Adebutu for alleged tax fraud and economic sabotage.
The CBN Instruction read as follows;
“You are hereby required to place the under listed accounts on Post-No-Debit with immediate effect and revert with the account names, numbers, currencies, and balances of all accounts placed on PND.”
Names | Affected Accounts | |
1. Premier Lotto Limited | All Bank Accounts | |
2. SV Gaming Limited | All Bank Accounts | |
3. R&S Lotto Limited | All Bank Accounts | |
4. Over The Top Entertainment Limited | All Bank Accounts | |
5. Beaufortbet Nigeria Limited. | All Bank Accounts | |
6. TM Gaming Network Limited. | All Bank Accounts | |
7. Fumsky Bureau De Change Limited. | All Bank Accounts | |
8. 3D Scanners Bureau De Change Limited. | All Bank Accounts | |
9. Blue Sleevers Bureau De Change Limited. | All Bank Accounts | |
10. Maiburgama Bureau De Change Limited. | All Bank Accounts | |
11. Upfront Movers Limited | All Bank Accounts | |
12. Pocasharks Ventures | All Bank Accounts | |
13. Incel Trading & Suppliers Limited | All Bank Accounts | |
14. Savvy Corp Limited | All Bank Accounts | |
15. Barkoli Trading Company Limited | All Bank Accounts | |
16. Comm Professional Limited | All Bank Accounts | |
17. Blue Wall Nigeria Limited | All Bank Accounts | |
18. JNFX International Limited | All Bank Accounts | |
19. Suxus General Trading Limited | All Bank Accounts | |
20. Escale Oil & Gas Limited | All Bank Accounts | |
21. Triune Resources & Energy Limited | All Bank Accounts | |
22. Exchange Telecommunications Limited | All Bank Accounts | |
23. Vingt Communications Limited | All Bank Accounts | |
24. Incel Mega Resources Limited | All Bank Accounts | |
25. Camberwell Logistics Limited | All Bank Accounts | |
26. Godoni Enterprises Limited | All Bank Accounts | |
27. Crescentpillars Investment Limited | All Bank Accounts | |
28. Carisbrooke Global Enterprises | All Bank Accounts | |
29. Nitelgale Global Resources Limited | All Bank Accounts | |
30. Northline Limited | All Bank Accounts | |
31. Befour Energy & Allied Services Limited | All Bank Accounts | |
32. Tasmara Integrated Services Limited | All Bank Accounts | |
33. Incel Integrated Services Limited | All Bank Accounts | |
34. Laketrail Investments Limited | All Bank Accounts | |
35. Tamrose Ventures Limited | All Bank Accounts | |
36. Roots Mining Company Limited | All Bank Accounts | |
37. Rapid International Procurement Limited | All Bank Accounts | |
38. Springgreek Capital Limited | All Bank Accounts |
Credit: Thenigerianlawyers.com