Wema Bank has placed a hold on Davido’s account after he collected almost N130 million in a matter of hours.

Following Davido’s N100 million plea, in which he asked fans and fellow celebrities to bless him with monetary presents ahead of his birthday, the newly formed Wema bank account intended for this ploy has been blocked.

This comes after the artist amassed nearly N130 million in a matter of hours. According to screenshots given by Davido, the bank account’s debit has been limited, meaning he can’t withdraw funds for the time being.

Banks typically employ the Post-No-Debit (PND) feature to check for illicit activity. It is frequently triggered when a person obtains a large sum of money in a short period of time.

Davido has been affected by this as a result of the large inflow of cash, particularly in a new account.

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