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Nairaland Forum / Nairaland / General / Business / Fraud In Corporate Nigeria: Union Bank As A Case Study (17541 Views)
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Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Torimaster(m): 8:09pm On May 22, 2019 |
Op kindly call 07007007000 Union Bank toll free line or WhatsApp 0907007007000 to report issues bothering on employee and customer fraud to our head office. U can also blow the whistle to KPMG Audit firm or CBN fraud and investigation Unit instead of trying to damage the bank's reputation. Mind you, I have forwarded ur post to our IT and legal department to unravel ur identify and when U are found culpable of breaching our corporate right, U will hear from us.... 6 Likes 1 Share |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by benzems(m): 8:20pm On May 22, 2019 |
Thank you let me withdraw all my money Union Bank them and keep in my kitchen |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Gerrard59(m): 8:25pm On May 22, 2019 |
TheMoniker: You come across as a thief! Do you know the gazillions of people who have access to humongous sums and are paid lowly yet don't steal? Do you want to be paid the same amount you deal with daily? If you don't like how much you're paid, resign!!!! Besides, your post is false as Access Bank pays very well and is amongst the top five best paying bank. Even their contract staff are well paid. Thief! 5 Likes 1 Share |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Jengem: 8:35pm On May 22, 2019 |
seun lalasticlala mynd44 mods please do not allow union bank to take this thread down |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Jengem: 8:36pm On May 22, 2019 |
Socsed: these banks are so corrupt, by tomorrow this post may even have disappear 2 Likes |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by sowilli: 8:54pm On May 22, 2019 |
TheMoniker:but they will declare billions of profit after tax and not pay customers who are victims of fraud. I do tell people banks are a major part of the problems of this country |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by gnykelly(m): 9:45pm On May 22, 2019 |
scribble: Tell me more about capital alliance |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by oseluck: 9:47pm On May 22, 2019 |
This OP is obviously on a mission. You trying to tarnish the image of this great bank that have stood the test of time over the years. While union bank as a scale study? You even going far back as 1995 to make reference . Banks are the strength of a nation if you don't know, frauds happens eben6in banks in the developed world. OP go get a life amd forget this mission of yours. 3 Likes 1 Share |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by gnykelly(m): 9:48pm On May 22, 2019 |
Torimaster: To hell with you... Every thing the Op posted is with evidence... Do you claim that they are not true 3 Likes 1 Share |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Lush100(m): 9:49pm On May 22, 2019 |
gnykelly:. Sir, the bank is good. I've never had a problem with their transactions. I use both. I use them more. Cheers. 1 Like 1 Share |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Lush100(m): 10:04pm On May 22, 2019 |
gnykelly:. Maybe with reference not evidences. Some issues are still in court , I am sure u know what it means to conclude before court final verdict. Apply some caution sir |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Basher8583: 10:49pm On May 22, 2019 |
TheMoniker:Well if he tries it I can tell you for free that he will definitely be caught and jailed. When he comes out he will never get a good paying job for the rest of his life. Is that good? For you to think like this you must be a fraudster. Don't bother working in a bank. You will be caught as they lay baits for them randomly. Ole. Na jail Las Las you go live. Barawo 2 Likes |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by TheMoniker: 10:54pm On May 22, 2019 |
Basher8583:Lol. I earn a bit above $3k weekly with 3 days off so how on earth will I engage in anything fraudulent? Naija jobs ain’t sane to say the least it’s slave labour down there and the bank account are declaring millions of profit quarterly. Again if I work in any naija bank, I will ruin the motherfûcking bank if they don’t treat me well |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by gnykelly(m): 11:14pm On May 22, 2019 |
Lush100: No problem... But those crimes were actually committed |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by chosenwan1(m): 11:33pm On May 22, 2019 |
The truth is that many people blame yahoo boys, they forget that these so called thieves in suits (bankers) are the real fraudsters. If EFCC can focus on tackling corruption in banking sector only then can we truly say the fight against corruption is real. If you clean out the banks, cyber crime will also reduce. |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by mankettle(m): 12:53am On May 23, 2019 |
Martinez39:this is a clear case of bad journalism. if it was just a mere case study, he would have said... I have observed the trend by the bank bla bla bla. instead of saying that the bank is a den of fraud |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by budaatum: 2:08am On May 23, 2019 |
macaranta:I wonder why he shouldn't! Don't you want people to know? From what I'm reading on this thread, if I steal millions and don't get caught I can post my thiefing story on here and gain friends! I don't even have to share it with them, though they'd hope, and I'd still be the girl! Shame, people! Shame! Sue ko, susan ni! 1 Like |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by amb962(m): 7:41am On May 23, 2019 |
Burshh: I concur with your above submission. The guy has some things to grind out with Union Bank. There was a fraud in one particular top three bank few years ago. it shook them to their roots that the retired owner MD did everything possible to make it not get to the media. There are also other cases that happened that he is not aware of. |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Basher8583: 10:12am On May 23, 2019 |
TheMoniker: See bolded why I called you a Barawo. And I hope your $3k weekly is not on selling crack on the street. Ole. Trump will soon send you back home after spending quality time in US state prison |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by armadeo(m): 11:21am On May 23, 2019 |
TheMoniker: Guy steal 1 billion from dangote and find out if you can buy justice. My point is why steal problem. All those people stole company money or government money. The list showed people who stole from accounts of private individuals. E no go work. You cannot remove money from a person's account and think you'll go Scot free. Let me give an example years ago like 2007 a bank cleared a cheque for 500k. The owner called the bank and said he didnt issue out the cheque. Quick investigation verdict fraud. Bank paid up quick and the teonpeople involved had the finds deducted from thier salaries for not detecting the fraud. Tell me how you in the bank wants to remove money and it wont bite you in the ass. I also heard of one dude that tan away with over 50m of depositors funds that use. He was caught 2 yrs later. Guess where he is now. You cannot steal depositors funds in the bank as a banker oh. It's not possible jail awaits you. 1 Like 1 Share |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by armadeo(m): 11:30am On May 23, 2019 |
TheMoniker: Your last statement reeks of self entitlement. If they dont treat you well move on. You are paid your worth according to the buyer if you feel you're worth more tell him to Bleep off and dont try to say it's his fault for not treating you well. An offer was made and you accepted why the hate. If you djdnt like the offer why accept it. This is the major problem with employment kn this country. Things are hard, get a shitty job and start complaining. If we all said no to shitty pay, people will pay better. 1 Like 1 Share |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by franktalk007: 5:12am On May 24, 2019 |
Agya, I think I know few things about internal control and compliance. This reply of mine is to educate you and maybe help you see things in their proper perspective. In as much as Internal Control set up in a system helps to enforce compliance with policies, procedures and protect the business assets, they are deemed to be working and effective but when there are internal collaboration or connivance, it's practically hard to easily detect. Control is also detective and preventive. So an internal person knows the policy and exploit the loopholes for his advantage then we are here to conclude that the system of control failed. That's generalization, only if we are close enough to see how many of such that this system of controls have frustrated, bursted and prevented. Read more on fraud and internal control. Nigerian banks are also a fertile ground lately maybe because of harsh economic situations, individual greed, expensive lifestyle and family pressure but these are by no means a justification because I hold on to the fact that "A good name is better than gold or silver" Charity begins from home, these bankers turned fraudster are our brothers and sisters. They lived among us in the society, we know them but our moral values and standard is compromised. Every Nigerian youth want to hit the jackpot overnight. - "Our main issue" Until we address our value system, system of control will be at a serious threat not just in Union bank but across other Banks and in extension, the industry. agya1: 1 Like |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by franktalk007: 5:26am On May 24, 2019 |
Dear Imodola, I think i understand your point and how you feel. A second look at your screenshots provided me with a clue. You have two debit cards with UBA, maintenance fee is charged monthly per card. If either of your cards is damaged, stolen or lost then please report to the bank, from that spot maintenance fee should stop on the reported card which I assumed would be hotlisted to avoid further usage. Do have a nice day Socsed: 1 Like |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by franktalk007: 5:31am On May 24, 2019 |
Another "Naira Marley" here. How can we openly encourage wrong doings? We have lost it as a people with zero tolerance for dignity. EFCC ability or inability does not give anyone the liberty to be criminal in action and inaction. TheMoniker: |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by seunoj: 6:47am On May 24, 2019 |
franktalk007: Well said. All we need as a nation is to strengthen various institutions and proper structures and let them work independently. Everyone( politicians, Malay boys, robbers etc.) will advice themselves. U don't need to advice any1. Until we have this, everyman go continue to hustle for himself (legal or illegally). Afterall, its either u get rich or die trying. |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Socsed(m): 9:45am On May 24, 2019 |
franktalk007: Thanks a lot. I had a talk with one of the Bank Customer services staff. He said the same thing. I was though pretty annoyed when he said they won't be able to refund the money. It has been more than 6 months they've been deducting such. And they couldn't even inform. Didn't they know they were deducting twice? Anyway, I pay appreciation for your accurate and appropriate information. Remain blessed. 1 Like |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by agya1: 3:45am On May 25, 2019 |
Well said, however these internal Control guys need to set their priorities right. franktalk007: |
Re: Fraud In Corporate Nigeria: Union Bank As A Case Study by Babadimimu2019: 10:52am On Jun 04, 2019 |
9jaArea: Try all this microfinance banks, and get the loan for close to 54% then you will know, moreso you read the offer letter with the interest rate contained in it, yet you did not decline the offer. Nigerians I hail thee |
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