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N50 Stamp? The Fraud Of The Banking Industry - Business - Nairaland

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N50 Stamp? The Fraud Of The Banking Industry by Nobody: 6:44pm On Jan 04, 2021
Good day ladies & gentlemen,


There is a massive fraud ongoing in the Nigerian banking sector tagged "N50 deduction for stamp," which stamp??

Listen guys, I may not present this info well to your liking, but the truth remains that the banking industry is defrauding us of our N50.

Now, do the calculations:

50 naira x 100,000customers per a bank in one month
= 5000,000.00(5million naira for just one month).

The question;
What are they even stamping?
To me, it's fraud from the highest order.

Guys, reason with me so we can take this matter up.
I believe we have intellectuals here in this forum that can throw more light on the subject matter.

Or maybe I need someone to make it clearer for me.



Feel free to share your views. Thanks.
Re: N50 Stamp? The Fraud Of The Banking Industry by HelpYourself(m): 6:46pm On Jan 04, 2021
Good evening all

I was scammed by this nairalander

Pls see if you can help apprehend


https://www.nairaland.com/6345180/fraud-alert-just-scammed-oluwadisinna
Re: N50 Stamp? The Fraud Of The Banking Industry by Buharidgeneral: 6:46pm On Jan 04, 2021
I think the case is in court. It is electronic stamping. It is way of generating revenue to FG and is in finance Act 2019.

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Re: N50 Stamp? The Fraud Of The Banking Industry by Nobody: 6:48pm On Jan 04, 2021
Buharidgeneral:
I think the case is in court

Really?

That's great
Re: N50 Stamp? The Fraud Of The Banking Industry by RedPanthar: 6:50pm On Jan 04, 2021
Calculate

50 Million daily transactions x 50 Naira

Billions daily.

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Re: N50 Stamp? The Fraud Of The Banking Industry by Buharidgeneral: 7:10pm On Jan 04, 2021
Buharidgeneral:
I think the case is in court. It is electronic stamping. It is way of generating revenue to FG and is in finance Act 2019.

1 Like

Re: N50 Stamp? The Fraud Of The Banking Industry by Nobody: 10:35pm On Jan 04, 2021
Buharidgeneral:





This is serious.,.....

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