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Monday, August 11, 2014

Fraud: Don drags UBA, GTB, First Bank, others to court…Demands N55m



Some leading Nigerian banks are currently in big trouble as you read this. In fact, an associate professor of Orthodontics at the University of Lagos Teaching Hospital, Dr. Oluwatosin Sanu, has sued eight commercial banks, including United Bank for Africa Plc, Ecobank Nigeria Plc, Diamond Bank of Nigeria Plc, First Bank of Nigeria Plc, Guaranty Trust Bank Plc, Enterprise Bank Plc, Access Bank of Nigeria Plc and Stanbic IBTC Bank.
SHOWBIZPLUSng learnt that the embittered and disappointed teacher is demanding N55m in damages over alleged fraudulent internet transactions on her bank accounts caused by deliberate negligence from the above financial institutions.

She filed the suit before a Federal High Court in Lagos.
Sanu is alleging that her banker’s negligence, gave some internet fraudsters the opportunity to make several unauthorised withdrawals from her bank accounts to the tune of N3,050,237.54.
The university lecturer has joined as defendants in the suit against the eight commercial banks.
Sanu’s contentions were captured in a writ of summons supported by a 49-paragraph statement of claim and a 70-paragragh affidavit made on oath.
She alleged that between September 3, 2013 and September 6, 2013, about 20 different unauthorised withdrawals to the tune of N2,580,693.25 were made from her current bank account numbered 1002717118 with the first defendant.
She also alleged that between August 23, 2013 and September 5, 2013, another eight unauthorised withdrawals totaling N469,134.00 were made from her Gold Savings bank account numbered 2060668002 with the first defendant.
In her affidavit, Sanu explained that while she was on vacation in the US in August, 2013, her daughter called her from Nigeria that her account manager with the first defendant was trying to reach her as regards some strange transactions noticed to be going on with her two accounts.
She said that when the banker eventually got through to her on telephone, he sought to know if she was aware of the transactions but she had told him that she was not the one and that in fact her cheque book and ATM card were with her at the moment.
Among other reliefs, Sanu is praying the court to award a sum of N55,050,237.54 in her farvour, being special, general and exemplary damages for alleged negligence in the handling of her two bank accounts with the first defendant bank.
She is also asking the court to award N2m as the cost of instituting the legal action.
The court has yet to fix a date for the hearing of the suit.
We will keep you posted as more facts unfurl in this messy scandal involving eight leading Nigerian backs.

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