Davido’s Wema Bank account restricted after over N131 million got deposited in it within a day

Davido’s Wema Bank account restricted after over N131 million got deposited in it within a day

Davido revealed earlier today that he newly opened a bank account just so his “true friends” will have a channel to bless with him with money to prove the genuineness of their friendship.

He posted the account number on his social media page and quite a number of people gifted him with millions of Naira which have now accumulated to over N130m (as at the time of filing this report).

Davido made sure to give updates of the amount his money had gotten to from time to time as he received numerous credit alerts and it was noticed in his recent updates, that debits have been restricted from the account meaning as of this moment, he can’t withdraw any money from the account.

Most times, bank place an account on Post-No-Debit (PND) which is basically an instruction to not to allow any withdrawals or transfers from the bank account of account owners, essentially blocking the account from outflows. It is usually drastic a measure taken to allow for investigation and possibly to reclaim any illegal inflow into an account.

Given the influx of money that went into Davido’s account today, it’s quite understandable why his account was placed on PND.

Davido hints on giving away all the money he received from friends and fans

Nigerian music executive, David Adeleke popularly known as Davido, has hinted on giving away all the money he realized from his N1 million birthday challenge.

This comes after the singer and entertainer amassed over N180 million from his friends and fans after posting his account details online.

It can be recalled that Davido caused a buzz online after he dared his friends to send him N1 million each as a proof of their friendship. He thereafter extended his request to his fans and everyone who has been blessed by his music.

In less than 24 hours, the ‘omo baba olowo’ raked in over N180 million. However, in an interesting turn of events, the singer has dropped a subtle hint about his plans for the money on his official Twitter page.

According to the tweet, the singer said he might give it all away but he didn’t disclose what he is giving away but there are speculations that he was referring to the donations.

See his tweet below,