How Sterling Bank Staff Opened Unauthorised Accounts Using Customers’ Names Linked With BVN To Apply For Loans

Moreover, the account was said to have been controlled by a third party. We neither know nor delegated to do so on our behalf.

Two farmers, Umar Abubakar and Muhammad Sani-Abdul, have revealed how staff of Sterling Bank in Bauchi State fraudulently opened unauthorised accounts using their names and Bank Verification Numbers to apply for loans.

The farmers, in a petition seen by SaharaReporters, told the Consumer Protection Council that they started receiving messages in December 2017 suggesting opening of accounts with the bank without taking such step.

They said they were shocked to learn that the accounts opened on their behalf owed the Nigeria Incentive-based Risk Sharing System for Agricultural Lending N1,291,888.00 per person.

“That we opened accounts with Stanbic IBTC Bank as part of a plan to engage in wheat farming. We are pleased to attach our Bank Verification Number. That, doing so was an attempt to partially meet the conditions for getting access to loan facility to achieve the said goal under the platform of Evergreen Cooperative Society, which was said to have partnered with a certain Madaki Agro Firm.

“That, contrary to (a) above, we started receiving alarms in December 2017, suggesting opening account with Sterling bank, a deal we were unaware of. That going by frequent cyber shady deal, we dismissed the matter (stated C above) as trivial. Because to the best of our knowledge and belief, we neither opened account nor did we authorise anybody or any organisation to do so on our behalf.

“That, in the preceding months, there were transactions in the said accounts amounting to millions of naira concerning loan facility we did not apply for. Moreover, the account was said to have been controlled by a third party. We neither know nor delegated to do so on our behalf.

“That we were extremely shocked to learn that the accounts that were purported to have been opened for us owed NIRSAL worth N1,291,888.00 per person. We have thus been exposed to danger, we strongly suspect shady deal between the two banks and possibly other parties.

“We understand this is a gross violation of our fundamental and inalienable rights as provided in 1948 universal declaration of human rights,

http://saharareporters.com/2020/09/06/how-sterling-bank-staff-opened-unauthorised-accounts-using-customers%E2%80%99-names-linked-bvn

Too bad.

But they should have raised alarm when they started receiving messages about new accounts being opened in their names.

Na Kolo sure pass

Everybody wants to cash out in this country

Jesus. Some people get mind o

Sad!
Many people are looking for whom to exploit and take advantage of

Integrity and honesty relocated from Nigeria since the late 60s.......

The corruption prevalent among staff of banks in Nigeria is a reflection of the level of corruption in the Nigerian system!

Disappointing news as usual. I'm sure the people who operated those accounts will be fished out soon enough and will be dealt with.

Nigeria

Everywhere you look in Nigeria there's usually some level of fraud going on

Again?

This is how people make things become more stressful;
Because to forestall this, more stringent measures need to be put in place

I detest thieves
Time to go inquire in the banks where I receive alerts without having account with them. Let it not be that someone has collected loan on person head

No be today bank staff don dey commit fraud!

If it is so easy to open a dummy account, then we are not safe in this country.

Because they have access to our details. It is truly a shame.
That is how someone will be getting unfamiliar deductions from their accounts. It is well o

Never take any alert for granted!
Even a mail - never ever

Noted

Just when I think I have seen it all. These bankers are really corrupt and fraudulent. Matter of fact they are thief's. They monitor your account transactions and shits.

Last week I went into the banking hall to withdraw funds
I transfered 10k from my life savings Account to my other account with A debit atm card.
Getting to the bank too much que for the Atm mechine

niem I say make I enter banking Hall use their withdrawal slip, I filled it put every details.
Carry slip Give the cashier

I got the shock of my life after handing over the slip to
The cashier

Cashier : so you Don Wire money from the big account come here?
Me: I no understand
Cashier: Na just now you send this money na



I was totally shocked and disappointed I weep for this country

At OP which one are we to believe Sterling or Stanbic

Moneywirer:
Everybody wants to cash out in this country

Na so oh.
They want to emulate the pretentious Barawo in Aso Rock.


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Naija for sale..

Even bank staffs don join yahoo boys...

Who are we trust our money with?

Nawa..
Confirmation na must

I thought that their shady deals ends with shielding yahoo boys from NFIU. So these corporate thieves also engage in this kind of shit.

Very soon the picture will be complete for all to see !!!

These banks or should I say banks staff are criminals and should be held responsible for most of the fraud happening in Nigerian. When I came here to complain about how a bank staff told me to go home and relax that nothing is wrong with my account after I went to report foreign transactions that I was getting on my account only for it to finally dawn on me that my detials were compromised and someone inside the bank is using my card detials to buy stuffs from abraod, people said I was lying

https://www.nairaland.com/5933353/it-seems-banks-nigeria-aiding

Ishilove:
Jesus. Some people get mind o

Yeah. Get Rich or Die Trying. That's the mentality.

Wow now that's some fantastic corrupt move, they might even be aware of the transaction, they don't just want to repay the loans but. Yet even if what they say is the truth, i mean the real truth, then they are very very careless, all this Aboki dem self very clueless