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Allegations of missing funds in Access Bank plc baseless -Management

by Usman Kadri
November 24, 2024
Reading Time: 1 min read
Allegations of missing funds in Access Bank plc baseless -Management
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Allegations of missing funds in Access Bank plc baseless -Management

Leading financial institution, Access Bank plc has denied allegation of N500m missing funds in the bank as untrue and baseless. 

The bank was reacting to a video on social media where allegations of missing funds and unethical behaviour was made against Access Bank plc.

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The statement in full:

“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 N500million 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.”

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