Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Business & Finance

UBA Under Fire Over Customer’s Missing N106 Million

Eriki Joan UgunushebyEriki Joan Ugunushe
May 27, 2025
in Business & Finance
0
UBA Under Fire Over Customer’s Missing N106 Million
Share on FacebookShare on TwitterShare on Whatsapp

The Tony Elumelu-led United Bank for Africa (UBA) is facing serious backlash after a United States-based Nigerian, Ibhahe Hope Ehieribo, accused the bank of illegally withdrawing ₦106,309,534.87 from his account. According to Ehieribo, the bank falsely declared him dead, processed a fake death certificate, and cleared his account without his knowledge or consent. The incident, which became public through a video shared by activist Harrison Gwamnishu, has left many Nigerians outraged over the bank’s handling of the matter.

Table of Contents

Toggle
  • UBA Allegedly Forged Death Certificate To Clear Account
  • UBA Refunded Money After Public Outrage But Remains Silent
  • UBA Under Fire Over Missing N106 Million

UBA Allegedly Forged Death Certificate To Clear Account

Ehieribo explained that he had been saving money in his UBA account for years while residing abroad. Upon his return to Nigeria, he discovered that his entire savings had been cleared. The bank reportedly told him that the funds were transferred to two individuals, Patience and Precious, under the pretense that he was dead and had been buried. Shockingly, Ehieribo says he has no known connection to these individuals. “UBA officials claimed the money was moved to an estate account based on a court order obtained with forged documents,” the customer said.

UBA Under Fire Over Customer’s Missing N106 Million

UBA Refunded Money After Public Outrage But Remains Silent

Following intense pressure from Nigerians on social media, UBA returned the full amount to Ehieribo. However, the bank has yet to publicly explain how such a fraudulent transaction occurred under its watch. Activist Harrison Gwamnishu confirmed the refund but demanded further action. “This is not just about refunding the money. Someone forged a death certificate and got access to court documents to steal this man’s life savings,” he said. Gwamnishu has called on the Economic and Financial Crimes Commission (EFCC) to investigate the matter and hold those responsible accountable.

UBA Under Fire Over Missing N106 Million

Despite returning the money to the customer, UBA remains under intense public pressure. Many Nigerians are demanding a full investigation and explanation. The fact that a customer could be declared dead, have his account cleared, and see funds handed to strangers has raised serious concerns about banking security and accountability in Nigeria. The EFCC is now being urged to probe the forgery and uncover whether bank staff were involved. For now, the Tony Elumelu-led UBA remains under fire over missing ₦106 million.

Tags: Customerfederal characterFinanceNewsUBA
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

Related Posts

The French Case Against Shein: Inside the Legal Battle That Could Cost the Retail Giant Millions
Business & Finance

The French Case Against Shein: Inside the Legal Battle That Could Cost the Retail Giant Millions

December 5, 2025
Naira’s December Crash: Black Market Rates Hit Nigerians Hard
Business & Finance

Naira’s December Crash: Black Market Rates Hit Nigerians Hard

December 5, 2025
Naira’s December Crash: Black Market Rates Hit Nigerians Hard
Business & Finance

Naira’s December Crash: Black Market Rates Hit Nigerians Hard

December 4, 2025
Next Post
Naira’s December Crash: Black Market Rates Hit Nigerians Hard

Naira Drops Significantly as Dollar, Euro, and Pound Soar to New Highs

Enugu Police Arrest Suspects In Fake Kidnapping Scheme Involving ₦2m Ransom

Enugu Police Arrest Suspects In Fake Kidnapping Scheme Involving ₦2m Ransom

MultiChoice Dispels Claims That BBNaija Auditions Require Payment, Issues Fraud Alert

MultiChoice Dispels Claims That BBNaija Auditions Require Payment, Issues Fraud Alert

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

UK, Germany Forge Historic Defense Pact Against Russia

UK, Germany Forge Historic Defense Pact Against Russia

1 year ago
Proposed NLC Strike: Banks, Insurance and Financial Institutions To Shutdown

Proposed NLC Strike: Banks, Insurance and Financial Institutions To Shutdown

2 years ago
Libya’s Rise, Nigeria’s Fall? Africa’s Oil Landscape in Flux

Libya’s Rise, Nigeria’s Fall? Africa’s Oil Landscape in Flux

2 years ago
Simi Reveals What J.Cole Personally Told Her

Simi Reveals What J.Cole Personally Told Her

2 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump UK ukraine US
No Result
View All Result

Highlights

Trump​‍​‌‍​‍‌ Awarded First-Ever FIFA Peace Prize Ahead of the 2026 World Cup Draw

Netflix’s Power Grab: Hollywood Fears a New Monopoly

India Picks Putin Over Washington in New Trade Push

The French Case Against Shein: Inside the Legal Battle That Could Cost the Retail Giant Millions

The Ghosts of Tanzania’s Election: Why Western Nations are Demanding the Return of the Dead

Fear Grips New Orleans as Immigration Crackdown Hits the Streets

Trending

Trump Pushes Allies to Defend Taiwan
Government

Trump Pushes Allies to Defend Taiwan

byEriki Joan Ugunushe
December 5, 2025
0

The latest strategy from Washington makes clear that the United States wants its allies to take a...

Trump Strategy Calls Europe a Failing Civilization

Trump Strategy Calls Europe a Failing Civilization

December 5, 2025
2026 World Cup Draw Sets Stage for Biggest Tournament in History

2026 World Cup Draw Sets Stage for Biggest Tournament in History

December 5, 2025
Trump​‍​‌‍​‍‌ Awarded First-Ever FIFA Peace Prize Ahead of the 2026 World Cup Draw

Trump​‍​‌‍​‍‌ Awarded First-Ever FIFA Peace Prize Ahead of the 2026 World Cup Draw

December 5, 2025
Netflix’s Power Grab: Hollywood Fears a New Monopoly

Netflix’s Power Grab: Hollywood Fears a New Monopoly

December 5, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Trump Pushes Allies to Defend Taiwan
  • Trump Strategy Calls Europe a Failing Civilization
  • 2026 World Cup Draw Sets Stage for Biggest Tournament in History

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com