CBN unfreeze 33 BDCs Bank Accounts on allegation of money laundering, order Banks to vacate PND
The Central Bank of Nigeria (CBN) in its new campaign of confidence-building on the battered image of the Bureau De Change Operators in Nigeria.
Earlier on Thursday morning, Central Bank of Nigeria directed banks to froze 33 BDCs accounts from making transactions from their accounts, CBN ordered Thirty-three (33) BDC operators’ bank accounts to be frozen on allegations of money laundering but later ordered banks to vacates PND on those accounts.
The Vacation of PND directive was contained in a circular, signed by the Director of banking supervision of the bank, Z Markus, Business Echo Magazine reported.
“You are hereby directed to place all accounts of the under-listed customers on Post-No-Debit (PND) restriction,” the circular reads but later vacated in a circular.
About The Author
