Access Bank refutes claims of missing N500m funds

Access Bank Plc has refuted claims of unethical bank practices and lost funds totaling up to N500 million.

Access Bank stated in a statement released on Sunday that it had been aware of a social media video that contained accusations of unethical behavior and missing money.

First and foremost, we would like to stress how seriously we treat the safety and security of our customers’ money as a top priority. Second, no unethical behavior is involved with or tolerated by Access Bank Plc. The claims of missing money in the Bank in this particular case are completely false and unfounded.

“Neither the subject customer’s account nor any other customer’s account with us is missing N500 million or any other funds or amounts. These claims have been thoroughly examined by us and other impartial banking sector stakeholders, who have independently reached the same conclusions.

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“Access Bank PLC upholds the highest moral standards in our business practices, safeguarding the interests of our clients while adhering to privacy regulations. Therefore, we must caution the public not to depend on or believe sensational and unconfirmed allegations that are intended to titillate and mislead the public, even though we have engaged and will continue to interact with our customers,” the bank said.