Has BVN Helped Nigerians in Any Ways?

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#1 » Nigerian FG to take ownership of funds in bank accounts not linked to BVNs by TruSteE1 from Uyo » October 22nd, 2017, 8:49 am

A Federal High Court in Abuja has granted a request by Attorney General of the Federation Abubakar Malami for temporary forfeiture of all funds in bank accounts not linked to BVNs. Premium Times reports that also to be seized by
the Nigerian government are funds in bank accounts without sufficient. The forfeiture followed an order which originated from a motion of notice filed by Malami on behalf of the Nigerian government on September 28.

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Federal High Court judge Nnamdi Dimgba granted all the prayers sought by Malami through a lawyer Usman Dakas on October 17. The court ordered that all 19 deposit money banks should release to Nigerian government names of accounts not yet connected to BVN; account
numbers; their outstanding balances; domiciling locations; and domiciliary accounts without BVN
and where they are domiciled. Premium Times says financial experts are
concerned about lack of specific legal framework for the sudden forfeitures.
According to the report, the is already updating the Bank Verification Number (BVN) rules in order to forestall fraudulent activities in the Nigerian banking system. The report noted that there were about 45.85 million total bank accounts unlinked, but when compared with the active accounts the number dropped to 15.72 million unlinked to BVN as of
February 2017. The record further shows that as of October 8, the total BVN issued were 30,511,506.

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(2 Likes)   eMade, J0E liked this topic.

#2 » Re: FG to take ownership of funds in bank accounts not linked to BVNs by Phatman » October 23rd, 2017, 8:55 am

:good:
Good for those stealers!

#3 » Re: FG to take ownership of funds in bank accounts not linked to BVNs by eMade (f) from Abuja » October 23rd, 2017, 10:31 am

So my people, if you have not done BVN, you may say goodbye to your money.
Respect obeys #Karma; gimme back or lose it!

#4 » Re: FG to take ownership of funds in bank accounts not linked to BVNs by TruSteE1 from Uyo » October 23rd, 2017, 11:32 am

@eMade, so what about our diasporans, don't you think they (FG) should make provision for them to enroll in the process in their respective destination especially in our embassy over there.
[color=#008040]Life is NATURE and NURTURE.
¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?
Tap Here
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#5 » Re: FG to take ownership of funds in bank accounts not linked to BVNs by eMade (f) from Abuja » October 23rd, 2017, 11:55 am

TruSteE1 wrote:@eMade, so what about our diasporans, don't you think they (FG) should make provision for them to enroll in the process in their respective destination especially in our embassy over there.

Yes now. There have been arrangements for diasporans for a long time. Extensions over extensions.

By now, I don't expect qny diasporan to not have BVN, except those in prison sha.
Respect obeys #Karma; gimme back or lose it!

#6 » Re: FG to take ownership of funds in bank accounts not linked to BVNs by TruSteE1 from Uyo » October 23rd, 2017, 1:14 pm

funny @eMade, i mean taking it down there for them to enroll. Must the come back to undertake a minute or two task?
[color=#008040]Life is NATURE and NURTURE.
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#7 » Re: FG to take ownership of funds in bank accounts not linked to BVNs by eMade (f) from Abuja » October 23rd, 2017, 7:57 pm

TruSteE1 wrote:funny @eMade, i mean taking it down there for them to enroll. Must the come back to undertake a minute or two task?

No, I mean there were enrollment venues in the UK and in the US. Google it.
Respect obeys #Karma; gimme back or lose it!

#8 » Re: FG to take ownership of funds in bank accounts not linked to BVNs by TruSteE1 from Uyo » October 23rd, 2017, 8:00 pm

so, is that they only destination, what of cuba and the rest
[color=#008040]Life is NATURE and NURTURE.
¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?
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#9 » Re: FG to take ownership of funds in bank accounts not linked to BVNs by eMade (f) from Abuja » October 23rd, 2017, 8:02 pm

TruSteE1 wrote:so, is that they only destination, what of cuba and the rest

Lol. I also wanted to say what of Afghanistan and Antarctica? :lol:
:;hl:
Respect obeys #Karma; gimme back or lose it!

#10 » Re: FG to take ownership of funds in bank accounts not linked to BVNs by TruSteE1 from Uyo » October 23rd, 2017, 8:05 pm

na u sabi
[color=#008040]Life is NATURE and NURTURE.
¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?¿?
Tap Here
you can only reign with brain. [/color]



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