Davido’s Wema Bank Account Reportedly Restricted After Over N140 million Deposits

Davido’s account has been restricted after it got over N130 million in a day.

This comes after the musician had taken to social media to share his account number, urging followers and pals to send him money.

He posted the account number on his social media web page and fairly a variety of folks gifted him with tens of millions of Naira which have now gathered to N140 million now.

Based on a report , Davido’s account was restricted due to the influx of over N140 million in a day.

Recall that Davido made positive to offer updates of the amount his cash had gotten to occasionally as he obtained quite a few credit alerts and it was observed in his latest updates, that debits have been restricted from the account that means as of this second, he can’t withdraw any cash from the account.

Most occasions, bank place an account on Post-No-Debit (PND) which is mainly an instruction to to not enable any withdrawals or transfers from the checking account of account homeowners, primarily blocking the account from outflows. It’s normally drastic a measure taken to permit for investigation and possibly to reclaim any unlawful influx into an account.

Given the inflow of cash that went into Davido’s account as we speak, it’s fairly comprehensible why his account was placed on PND.

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