Union Bank has reacted to alleged court action regarding a 1.6 Billion Naira fraud case involving a staff of Union Bank and other individuals.
In a press statement made available to Brand Spur Nigeria, Union Bank described a proportion of the report as false. Noted that that bank was not defrauded by any syndicate.
The statement reads thus, “The attention of Union Bank of Nigeria Plc (“Union Bank” or “the Bank”) has been drawn to reports of an alleged court action regarding a 1.6 Billion Naira fraud case involving a staff of Union Bank and other individuals.
“A large portion of the published reports are factually inaccurate and patently false; therefore, Union Bank seeks to make the following categorical clarifications:
Union Bank was not defrauded by any syndicate
“No staff of Union Bank was involved in any criminal activities or named in the alleged charge
“We understand that the alleged court action may be related to a legacy case dating back to 2018, in which a criminal suit was brought by the Police in response to a complaint made by Union Bank’s debt recovery agent against a defaulting customer.
“We urge media outlets of repute to reflect the correct facts in reporting this matter and avoid any recourse to sensationalism or inaccurate coverage”.
