A Federal High Court in Abuja has revoked its earlier order for the interim forfeiture of any balance in a bank account without a Bank Verification Number, BVN.
Justice Nnamdi Dimgba on Wednesday said the parties agreed that the order made on October 17 has some consequences against parties, who may still find it difficult to operate their bank accounts even after undertaking the BVN.
The judge also revised the order stopping “all outward payments, operations or outward transactions (including any bill of exchange) in respect of the accounts pending the linking of the accounts to a Bank Verification Number.”
The judge adjourned the matter to December 11.
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