• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, October 21, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Stakeholders Demand Judicial Action Against Bank Fraud, Unlawful Deductions

by Okem Mbah
7 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

Stakeholders in Bayelsa State have urged the judiciary to take decisive action against fraudulent loan deductions and arbitrary bank charges affecting innocent customers in the state.

Advertisement

The chairman of the Bayelsa State Civil Liberty Organization (CLO), Comrade David West, made the call in Yenagoa while reacting to a recent case at the Federal High Court in Yenagoa, where a bank customer sued his bank over unauthorised debit on his account purportedly for a loan he did not take.
He stressed that banks must be held accountable for imposing unnecessary fees without valid justification, warning that such practices could erode public trust in the banking system.

It was gathered that Mr Chinedu Nwoke, a retired civil servant, had woken up on Sunday, June 23, 2024, when he received a loan recovery debit alert of N76,304.00, on his Access Bank account, purportedly for a COVID-19 loan valued at N700,000.00 from NISRAL Micro Finance Bank in 2021.

Advertisement

Upon discovering the loan came from an unfamiliar United Bank of Africa (UBA) account with his name and BVN, Nwoke visited his bank branch at Swali to investigate the issue and after informing the manager, he was directed to the Onopa branch, where the fraudulent account was reportedly opened.

Accompanied by his lawyer, he met with the branch manager, who acknowledged the complaint and revealed that the staff involved in the fraudulent act had already been dismissed. Unfortunately, the Central Bank of Nigeria (CBN) had since directed banks to recover the debt by deducting funds from any of his linked accounts through his BVN, leaving him struggling to access his money since then till date.

According to West, Mr Nwoke’s situation has been the reality for many Bayelsans who have fallen victim of fraudulent loan deductions and unnecessary charges, sometimes running into hundreds of thousands of naira.

RELATED NEWS

Police Warn Against Protest, Violence In Lagos

Betters Days Are Ahead For Nigerians Under Tinubu – Minister

FG Deepens Seed Development Drive For Food Security

Nigerian Law School: Wike Flags off Construction Of 632-Bed Hostels, Others

He also criticized the difficulties faced by customers when trying to withdraw their own money, despite banks freely accepting deposits, adding that network failures and other excuses, causing unnecessary delays and frustration for customers could erode public trust in the banking system.

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShare10172Tweet6358Share

OTHER NEWS UPDATES

How 15 People Were Killed In Jigawa Communal Clash – Residents
News

Police Warn Against Protest, Violence In Lagos

28 seconds ago
Minister, NOUN Advocate Ethical Use Of AI
News

Betters Days Are Ahead For Nigerians Under Tinubu – Minister

56 seconds ago
fg
News

FG Deepens Seed Development Drive For Food Security

2 minutes ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Police Warn Against Protest, Violence In Lagos

29 seconds ago

Betters Days Are Ahead For Nigerians Under Tinubu – Minister

57 seconds ago

FG Deepens Seed Development Drive For Food Security

2 minutes ago

Nigerian Law School: Wike Flags off Construction Of 632-Bed Hostels, Others

3 minutes ago

Olanipekun Urges National Assembly To Take Action On Constitution Amendment

3 minutes ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.