Thursday, December 18, 2025
25.6 C
Lagos

Access Bank Denies Allegation of Missing N500m

Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank Plc.

First and foremost, we wish to emphasise that the safety and security of our customers’ funds are core priorities which we take seriously.

Second, Access Bank Plc does not engage in or condone any unethical behaviour. In the instant case, the allegations of missing funds in the Bank are most untrue and baseless.

There is no N500 million or any other fund or amount missing from the subject customer’s account or from any other customer’s account with us. We and other independent stakeholders in the banking industry have thoroughly investigated these allegations and independently arrived at the same conclusions.

Access Bank Plc operates with the highest ethical standards, and we protect our customers’ interests whilst also respecting privacy laws.

Consequently, whilst we have engaged and will continue to engage with our customers, we must advise the public not to rely on or believe sensational and unverified claims that are designed to titillate and mislead the public.

We remain committed to serving our customers.

Thank you.

Management

spot_img
spot_img
spot_img

Hot this week

CBN Liquidates Aso Savings and Loans, Union Homes Savings and Loans 

As part of its efforts to re-position the mortgage...

NCC: Regulatory Intervention Attracts $1bn Investment from Telecom Operators  

Mrs. Tolulase Omodele-Rufai Deputy Director Nigerian Communications Commission (NCC) Lagos Zonal Office The...

NDIC, NIBSS Plan MoU to Fast-track Reimbursement of Depositors

The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria...

Renowned Economist, Tony Epelle, Advocates $2tn Economy by 2030

L-R: Garba Kurfi, Managing Director/CEO, APT Securities and Funds...

Topics

Oil Prices Driving Lower Growth in Sub-Saharan Africa

Latest report by the World Bank Group suggests that low oil prices have considerably reduced growth in commodity-exporting countries in Sub-Saharan Africa, especially in Nigeria and Angola etc. and have also slowed activity in non-oil sectors. The report says that although South Africa is expected to be one of the main beneficiaries of low oil prices, growth is being held back by energy shortages, weak investor confidence amid policy uncertainty, and by the anticipated gradual tightening of monetary and fiscal policy. Growth in the region is forecast to slow to 4.2 percent, slower than previously expected.

Corruption: A Burden on Nigerian Businesses—Allianz Report

The Allianz Risk Barometer 2018 report reveals theft, fraud and corruption as the...

ICPC Chair, Musa Aliyu, to Deliver Realnews 13th Anniversary Lecture 2025

Dr. Musa Adamu Aliyu (SAN) Chairman ICPC THE Management of Realnews Magazine...

The Access Bank (UK) to Acquire Mauritius-based AfrAsia Bank

Access Holdings Plc has announced that its banking group’s,...

17 Insurance Firms Await June 30 NAICOM Deadline

A total of 17 insurance companies are racing to secure approval of their 2014 annual accounts by the industry regulator, National Insurance Commission (NAICOM) by the close of work on Tuesday, June 30, 2015. Already, 23 operators have received NAICOM approval on their account. Click here to make lazy tweet

Sanlam Life Rewards Sales Champions, Holds Customers’ Forum

  Tunde Mimiko Managing Director/CEO Sanlam Life Insurance Nigeria Limited As part of...

NPA Redeploys Senior Management to Drive Transformation

Management of the Nigerian Ports Authority (NPA) has effected...

‘OPEC Still Has Important Role in Global Oil Market’

  By Sebastian Wagner Scan Western news about OPEC from the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img