A Badagry High Court in Lagos on Tuesday fixed January 25 for further hearing in a N36.8 million claim against the United Bank for Africa (UBA).

A Lagos businessman, Alhaji Lasisi Ayomumoye, dragged UBA to court, claiming N36.8 million for a breach of deed of a property sub-lease.

In a statement of claim filed by his counsel, Akinpelu Salau, the claimant said a deed of sub-lease, which commenced on October 1, 2006, was breached by UBA on his building situated at Plot 15, Aina Layout, Lagos Abeokuta Road, Dopemu, Lagos State.

He said that contrary to the deed of sub-lease, UBA wholly demolished the property and erected a new structure without the claimant’s consent or approval.

In the alternative, the businessman is demanding N24 million as the cost of restructuring the present building to a multi-purpose building, similar to what the structure was when the deed was signed.

He said that upon the discovery of the breach, the claimant wrote several letters to the bank, requesting for compensation, but the bank ignored him.

The claimant alleged that the bank, in 2008, registered a forged deed of sub-lease, purporting same to be the one executed by him.

He added that the document fraudulently registered by the bank on the property was fundamentally different from that which was executed by both parties in 2006.

At the resumed hearing of the matter on Tuesday, Salawu said that the amendment of statement of claims by the defendant was filed only on December 5, and that he needed time to study it for necessary response.

The bank was not represented by any counsel at the sitting, and Justice Okikiolu Ighile, subsequently adjourned the case to January 25. (NAN)


http://www.herald.ng/uba-sued-over-fraud/

UBA have been in the news for the wrong reasons of recent.

Make una free my UBA for me... Abeg

Most useless bank in the history of banking.
Thieves on red tie

Wow N38 Million, i hear MMM calling me

U wan rek them

E good for them. UBA is too full of fraud

ok

Haaaaaaa

This is almost like someone borrowing you shirt and slim fitting it!

UBA fear God na

UBA = ndi oshi ......

Well, let's hear from UBA.......

benjamin007:
U wan rek them

just 38m? make dem pay abeg, everything about fraud(external and internal), you find it in uba, they defraud customers, their security system isnt secure enough, the defraud clients, their staff defraud customers account, outsiders hack their system to defraud too.

chei

infobiz9ja:
Wow N38 Million, i hear MMM calling me

U THINK ALL PEOPLE ARE THE SAME?

FFuckk the idiott called Buhari!

Isorite!!!!!!! Issokay!!!!!

Mollycrap

UBA ndi oshi.

A very useless bank to say the least.

Hmm

Customers sue banks all the time...

I stand with UBA, the man should have defaulted somewhere along the lines with respect to the terms and conditions. I repeat, I STAND WITH UBA!!!

sakalisis:

please how can I unlock my Nokia 1110i it has security code

marisdgreat:

please how can I unlock my Nokia 1110i
it has security code

Nokia!!! I dont do bruteforce , check compute village

UBA

is that ow they will be adjourning the case anyhow because no representative of uba was present? wetin do subpeona abi na only american court dey use am. incompetent judges