UAE-based Company lodges ‘extortion claim’ against Ecobank

A United Arab Emirate based Company, Agrico Agbe has lodged extortion claims with the Central Bank of Nigeria against Ecobank Transnational Incorporated, a subsidiary of Ecobank specialized successful betterment of funds.

The missive claiming extortion by the UAE-based institution dated 26th July, 2024 which was signed by Patience Onu titled: “Improper Conduct by Ecobank Nigeria, ETI Specialised Resolution Company Limited,” urged the apex slope to analyse their claims wrong its powerfulness arsenic a regulatory body.

The UAE Company further alleged that elder executives of Ecobank were progressive successful the extortion attempt.

Checks by DAILY POST connected Thursday successful Abuja, showed that the missive has been acknowledged by the Central Bank of Nigeria and a reply has been forwarded to the complainant indicating that the apex slope would analyse the matter.

The CBN’s reply, which was issued by its Consumer Protection Department, CPD, dated Friday 26th July, 2024 partially read: “We constitute to pass you to admit receipt of your missive dated 22nd July, 2024 connected the supra subject.

“Your ailment has been forwarded to Ecobank successful enactment with our helpdesk Circular. In presumption of the engagement of the Consumer Protection Department, your slope whitethorn interaction you successful its efforts to resoluteness the complaint.

“The result of the engagement volition beryllium communicated to you arsenic soon arsenic possible.”

Moreso, checks indicated that the missive of ailment has besides been published connected the website ecobankextorts.com.

A elder authoritative of Ecobank, who pleaded not to beryllium named, erstwhile contacted connected Thursday, explained that the slope had In July 2021, wrote to the erstwhile Attorney General of the Federation done their ineligible practitioners, Wigwe & Partners, alleging that the UAE-based institution were being investigated successful transportation with an alleged fraud perpetrated by Agrico Agbe.

He declined to talk further arsenic helium does not person powerfulness to springiness details of the contention to journalists, but said further verification tin beryllium obtained connected Ecobank and CBN’s website.

UAE-based Company lodges ‘extortion claim’ against Ecobank