Access Bank accused of unlawful account freeze, firm demands N200m

An Abuja based media firm, Image Merchants Promotion Limited and its promoter, Mallam Yushau Shuaib have slammed a N200million suit against Access Bank Plc over an alleged unlawful freezing of their four different accounts with the bank in the past two years. The bank was dragged before a High Court of the Federal Capital Territory (FCT) Abuja by the two plaintiffs who are demanding the damages for the hardships inflicted on them by the Bank due to the freeze. In the suit with No. FCT/HC/CV/0657/2018 filed on their behalf by Yunus Abdulsalam, the plaintiffs are praying the Court to declare that freezing of their account by the bank as unlawful and a clear breach of the duty of care owed them by the bank.

They are also praying for an order of the Court directing the bank to unfreeze their Private, Salary, Operational and Domiciliary Accounts of the Company and its Promoter with Access Bank Plc. The award-winning media outfit and its promoter are the publishers of Economic Confidential Magazine and PRNigeria, a public relations firm. They claimed that they have tried to no avail with the bank to unfreeze their accounts which met brick walls each time and later metamorphosed to their solicitors writing the final letter to the bank.

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Author: see naija

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