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Customer drags bank to court over alleged fraudulent deductions

Robert Imoh by Robert Imoh
February 21, 2025
in News
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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

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.