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UBA, NIRSAL dragged to court over alleged fake loan, fraudulent deductions

News Express |22nd Feb 2025 | 251
UBA, NIRSAL dragged to court over alleged fake loan, fraudulent deductions

Federal High Court, Yenagoa




By NATHAN NWAKAMMA

Mr Chinedu Nwoke, a customer of the United Bank for Africa (UBA), has sued the bank before the Federal High Court in Yenagoa over an unauthorised debit on his account, allegedly for a loan he did not take.

Nwoke is seeking redress over a purported COVID-19 loan of N700,000 from NIRSAL Microfinance Bank, which he claimed was fraudulently obtained using his Bank Verification Number (BVN) without his knowledge.

In his plea before the court, Nwoke lamented that the alleged fraud, reportedly facilitated by the commercial bank, had resulted in the blacklisting of his bank accounts and BVN from the banking system, preventing him from accessing banking services.

When the case came up for mention on Friday, Mr Chinedu Iheanacho, counsel for the plaintiff, requested an adjournment to allow the court begin hearing on the matter.

The Court presided over by Justice Ayo Emmanuel, adjourned the case until March 31.

The defendants, UBA and NISRAL Micro Finance Bank, were represented by Mr Precious John. (NAN)




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Saturday, February 22, 2025 4:28 PM
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