Access Bank Debunks N500m Missing Fund Allegations

Access Bank Plc has debunked allegations of missing funds running up to N500 million as well as unethical behaviour by the bank.

In a statement issued by the bank on Sunday, Access Bank said it’s attention had been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against it.

“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,” the bank stated.