Marian Opeyemi Fasesan
Your Bank Account Can’t Be Frozen Without a Court Order — Know Your Rights!
Reported by Marian opeyemi Fasesan | Sele Media Africa
In Nigeria, your bank account is your private property—not a favor or privilege. Banks are only custodians of your money. Neither the police, EFCC, ICPC, nor any agency has the legal power to freeze your account without a valid court order.
If your account is frozen arbitrarily?
That’s not just wrong—it’s illegal.
You are the boss, not a guest. And if your rights are violated, you could be entitled to millions in compensation.
According to the law:
- Only a court can issue an order to restrict access to your bank account.
- Any freeze outside a court’s approval is a breach of your constitutional rights.
- Victims of such actions have successfully sued banks and agencies for damages.
Takeaway: If they freeze your money unlawfully, you don’t panic—you cash out.
Because na law be this.
And you are the boss.
Citations:
- The Guardian Nigeria: guardian.ng/news/court-limits-icpcs-authority-to-freeze-bank-accounts/?utm_source=chatgpt.com
- Nairametrics: nairametrics.com/2024/09/03/lawyers-explain-why-efcc-bank-can-no-longer-freeze-customer-accounts-without-a-court-order/?utm_source=chatgpt.com
- Thisday Live: www.thisdaylive.com/2022/01/27/judge-icpc-lacks-power-to-freeze-bank-accounts-without-court-order/?utm_source=chatgpt.com
- Vanguard News: www.vanguardngr.com/2025/08/court-orders-bank-to-pay-n85m-for-freezing-customers-account/?utm_source=chatgpt.com
- Nairametrics: nairametrics.com/2025/08/08/magistrate-courts-lack-jurisdiction-to-entertain-applications-to-freeze-bank-accounts-says-fct-judge/?utm_source=chatgpt.com
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