BVN: See why you might be at risk of losing your funds to Federal Government.
A Federal High Court sitting in Abuja has granted a request by Attorney General of the Federation, Abubakar Malami, for a temporary forfeiture of all funds held in bank accounts not linked to BVN — and whose ownership could not be absolutely identified. The court also granted the Nigerian government the authority to seize all funds held in accounts without proper documentation of account owners’ credentials, according to a report by the PREMIUM TIMES. It is widely speculated that thousands of bank accounts containing billions of Naira remain unlinked to...