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SERAP Sues CBN Over Unlawful Regulations On Bank Customers’ Social Media - Politics - Nairaland

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SERAP Sues CBN Over Unlawful Regulations On Bank Customers’ Social Media by Yj090: 11:06am On Jul 23, 2023
According to SERAP, there are other means of identification, such as passports, driver’s licence, Bank Verification Number, and Tax Identification Number, which banks and other financial institutions already require their customers to provide.

The suit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare and Ms Blessing Ogwuche, read in part: “Obtaining information on customers’ social media handles or addresses as means of identification is more intrusive than necessary.”SERAP argues that such a requirement does not serve any legitimate aim and may be used to restrict citizens’ rights to freedom of expression and privacy. The organisation believes that without the relief sought, the CBN will enforce the unlawful directive, which will be a violation of citizens’ rights.According to Section 6(a)(iv) of the CBN Regulations, banks and other financial institutions ‘shall identify their customer and obtain information on the social media handle of the customer.’ Section 6(b)(iii) contains similar provisions.”

“The purported mandatory requirement would inhibit Nigerians from freely exercising their human rights online. If obtained, such information may also be misused for political and other unlawful purposes.”

The date for the hearing of the suit has not been scheduled yet, at the time of filing this report.

Re: SERAP Sues CBN Over Unlawful Regulations On Bank Customers’ Social Media by Passovile: 11:31am On Jul 23, 2023
This people can sue for Africa. Have they ever won again cases?
FG does not even mind them again.

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