NNPP Directs Banks to Freeze Party Accounts Over Fraud Concerns

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The New Nigeria People’s Party (NNPP) has taken a drastic measure to prevent fraudulent activities by directing all financial institutions, including banks, to stop transactions on any account bearing the party’s name. This move is aimed at curbing the activities of fraudsters who have been using photocopies of the party’s Certificate of Registration to operate illegal bank accounts.

In a statement signed by the National Secretary, Comrade Oginni Olaposi Sunday, the party emphasized that only the original Certificate of Registration issued by the Independent National Electoral Commission (INEC) will be accepted for banking transactions. This certificate is the prerequisite for opening and operating bank accounts and financial transactions in the name of the party.

The NNPP has called for the cooperation of all commercial banks and financial institutions in this regard, warning that failure to comply may lead to embarrassing moments with government agents who may view them as conspirators in financial crimes. The Economic and Financial Crimes Commission (EFCC) has also been informed of the fraudulent activities of these impersonators.

While payments into the accounts are still allowed, withdrawals have been restricted until further notice. The party’s Board of Trustees has taken this step as part of its efforts to deal with fraudsters who have infiltrated the party’s ranks. This move is aimed at protecting the party’s finances and reputation.

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