A Chief Magistrate’s Court sitting in Osogbo, the Osun State capital, has issued arrest warrants against the United Bank for Africa (UBA) Plc and four of its senior officials over the alleged illegal operation and maintenance of bank accounts in the name of the 30 local government councils in the state. The case, marked MOS/601c/2025…
Tony Elumelu The Economic and Financial Crimes Commission (EFCC) has instituted a N4.3 billion alleged forex fraud case at the Ikeja Special Offences Court against United Bank for Africa (UBA) PLC, under the Chair of Tony Elumelu, and four others. Other defendants in the case are Muyiwa Akinyemi; Amangbo Stephen; Gesos Global Service Ltd, and…
United Bank for Africa PLC (UBA) has been accused of secretly opening and operating a “ghost” corporate account in a customer’s name. The account was said to have been used to channel over N5 billions, secured a N2 billion loan, and left the company’s managing director facing the Economic and Financial Crimes Commission, EFCC, interrogation…
Pictures of the late FIRS staff Tragedy struck on Tuesday when a fire engulfed at Afriland Towers on Broad Street, Lagos, a multiple storey building that houses offices of the Federal Inland Revenue Service (FIRS) and United Capital Plc (UCAP), a branch of United Bank of Africa (UBA), and other financial institutions. The fire was…
