Sanusi freeze church accounts nationwide

Churches require EFCC approval before withdrawing even a kobo from their accounts with banks.

Most churches have to cancel their crusades because the fund to organise it were trapped in banks.One is confused at how pastors, especially in the South East, South West and South South have become sponsors and financial backers of Boko Haram from Sanusi’s directives.

Mallam Sanusi Lamido Sanusi, the Central Bank of Nigeria (CBN) Governor has frozen the bank accounts of most churches in Nigeria under what his office claimed to be seeking for sponsors of Boko Haram.

Many churches have been stranded since the past two weeks due to their inability to withdraw money from most commercial banks due to a CBN directive that they must provide their list of shareholders and directors before they could access their funds. Sanusi is much aware that churches and Mosques in Nigeria do not have shareholders or directors.



The churches in addition are required to fill forms which will be taken to Economic and Financial Crimes Commission (EFCC) for endorsement before even a kobo will be withdrawn by them.
This stance of the CBN under Sanusi have crippled a lot of church activities within the past two weeks.