Justice Emeka Nwite of the Federal High Court in Abuja has granted an application by the Economic and Financial Crimes Commission (EFCC) to freeze approximately 1,146 bank accounts belonging to individuals and companies suspected of unauthorized dealing in foreign exchange, money laundering, and terrorism financing.
In its ex parte motion before the court, the EFCC stated that the accounts under investigation are allegedly involved in illegal activities related to virtual cryptocurrency exchange platforms, manipulating the value of the naira, and laundering proceeds from unlawful activities. The agency sought to preserve the funds in these accounts pending the conclusion of its investigation and potential prosecution.
Among the accounts listed in the motion schedule are those belonging to Akitoye Adeyemi Ayomide, Clyp Trading Ltd, Toyetech Platforms Ltd, Winx International Platforms Ltd, and others. Justice Nwite ordered the freezing of these accounts and directed the EFCC to conclude its investigation within 90 days.
Furthermore, the court adjourned the case until July 23 for the EFCC to provide a report on its findings.
