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Three weeks ago, customers’ accounts were frozen and a message was sent out by Zenith Bank to its customers, asking them to refund the money they transferred using the App.
ByBakare Majeed November 22, 2023 Reading Time: 2 mins read
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The House of Representatives has resolved to probe Zenith Bank over the alleged freezing of the bank accounts of some of its customers.

This resolution was a sequel to a motion of a matter of urgent public importance moved by Femi Bamishile (APC, Ekiti) on Wednesday during plenary.

Moving the motion, Mr Bamishile informed the lawmakers that Zenith Bank has an App for the transaction of FX. According to him, the app has been running for years with no limit cap on transactions.

He stated that customers of the bank have been using the platform for transactions but that the app stopped recently.



Mr Bamishile said shortly after the App stopped, the bank also froze the bank accounts of some of the customers using the software.

“This App has been ongoing for a period of time, and there is no cap to the limit of money that can be bought or transferred either by an individual or business.

“Three weeks ago customers’ accounts were frozen and a message was sent out by Zenith Bank to their customers, asking them to refund the money they transferred using the App,” he said.

He cited a case of an unnamed man whom the bank is coercing to refund $100,000 after carrying out transactions via the App.

“A young man was invited and detained by the Special Fraud Unit. He was made to pay a $100,000 back to the bank and also made to give an undertaken under duress stating that he made an illegal transaction,” the legislator said in the motion.

Mr Bamishile explained that Zenith Bank made money from all transactions via the App, therefore, they should be equally liable for any disruption.Mr Bamishile said shortly after the App stopped, the bank also froze the bank accounts of some of the customers using the software.

“This App has been ongoing for a period of time, and there is no cap to the limit of money that can be bought or transferred either by an individual or business.

“Three weeks ago customers’ accounts were frozen and a message was sent out by Zenith Bank to their customers, asking them to refund the money they transferred using the App,” he said.

He cited a case of an unnamed man whom the bank is coercing to refund $100,000 after carrying out transactions via the App.

“A young man was invited and detained by the Special Fraud Unit. He was made to pay a $100,000 back to the bank and also made to give an undertaken under duress stating that he made an illegal transaction,” the legislator said in the motion.

Mr Bamishile explained that Zenith Bank made money from all transactions via the App, therefore, they should be equally liable for any disruption.

Following the adoption of the motion, the Speaker, Abbas Tajudeen mandated the committee on Digital Banking to look into this issue and come to an amicable resolution.

The committee is to report back to the House in two weeks.

https://www.premiumtimesng.com/news/top-news/645537-reps-to-probe-zenith-bank-over-alleged-freezing-of-customers-fx-accounts.html

This was contained in a letter jointly signed by nine elected ruling party women officers dated 14th of July, 2023 which was addressed to President Bola Tinubu accusing Dr Beto of parading fake individuals during her last visit to the President.


The ruling All Progressives Congress (APC) elected women officers have rejected the leadership of the party’s National Women Leader, Dr Beta Edu.

This was contained in a letter jointly signed by nine elected ruling party women officers dated 14th of July, 2023 which was addressed to President Bola Tinubu accusing Dr Beto of parading fake individuals during her last visit to the President.

According to the letter, the aggrieved women also claimed that national women leader sidelined them during the party’s campaign activities in the just concluded general election.

The nine women include: Hon. Omorede Osif — Deputy National Treasurer, Hon. Olubunmi Oriniowo — APC National Ex-Officio South-West, Hon. Oluwatoyin Opawoye — APC National Ex-Officio North-Central, Princess Zahra Mustapha Audu — APC Zonal Women leader North Central, Mrs Yetunde Shakirat Adesanya —APC Zonal Women leader South-West, Hon Mimi Uchenna Diyiokeh — APC Zonal Women leader South-East, Hon Zainab A. Alman — APC Zonal Women leader North East, Mrs Cynthia Princewill —APC Zonal Women leader South-South and Hajia Hadiza Ahmad Shagari —APC Zonal Women leader North-West.


The letter reads, “We congratulate President Bola Ahmed Tinubu (GCFR) and his Vice, Alhaji Kashim Shettima (GCON) over their resounding victory secured at the last presidential poll which gives testament to the strong belief and conviction Nigerians have in them as expressed at the poll with the mandate freely given to them in tandem with the constitution and democratic norms of our dear country.

“Without deviating from the essence of this subject, it is very pertinent we express our total displeasure and concern over the misrepresentation and self-aggrandizement of the National Woman leader, Dr. Beta Edu visit to the Presidential Villa on the 13th of July, 2023.

“We wish to state categorically and in strong terms that her visit to the Presidential Villa was a misrepresentation as she in no way represent the elected National Women Officials and Zonal Women Leaders of the party as against the news making the rounds.

“We were totally unaware of her Presidential visit and no due information nor notification were given to us the Women she claimed to represent during her visit.

“It is disheartening that Dr. Beta Edu could label her visit to Mr.President to be the representation of National Stakeholders and Zonal Women leaders even without them knowing and not in attendance during the visit.

“It is worrisome that at this infancy stage of the administration of President Bola Tinubu which needs all hands to be on deck that the women leadership of the party is already experiencing division and seclusion in representation which has been the pattern of the National Women Leader, Beta Edu, since her emergence.

“It is in strong terms that we reject her leadership because she has failed in managing the affairs of the women in the party.

“Throughout the electioneering, Dr. Beta Edu worked in isolation without a synergy with her colleagues’ National Women officials of the party and the Zonal Women leaders.

“We individually devised means and strategies to galvanize and mobilize support for the party in our various states and travelled to almost all States campaigning with Mr President with our personal funds and resources because we are highly committed to the Renewed hope project and which we are glad to be part of the success story of today.

“We want Mr President to know that most women paraded by Dr Betta Edu were mostly fake. Authentic and democratically elected national officers who are even National Executive Council Members, all Zonal women leaders, the three women senators and fifteen female House of Representatives member and a host of others relevant women leaders and stakeholders were replaced by fake women in the visit to the President.

“We hereby reject the leadership of Dr Betta Edu and unanimously pass a vote of no confidence on her and whatever she represents.

“We appeal to Mr President to use his good office to grant audience to the Elected National Female Executives and Zonal Women Leaders of our great party for all-inclusiveness.”

https://saharareporters.com/2023/07/15/crisis-brews-ruling-apc-members-reject-national-women-leader-beta-edu-write-petition

This was contained in a letter jointly signed by nine elected ruling party women officers dated 14th of July, 2023 which was addressed to President Bola Tinubu accusing Dr Beto of parading fake individuals during her last visit to the President.


The ruling All Progressives Congress (APC) elected women officers have rejected the leadership of the party’s National Women Leader, Dr Beta Edu.

This was contained in a letter jointly signed by nine elected ruling party women officers dated 14th of July, 2023 which was addressed to President Bola Tinubu accusing Dr Beto of parading fake individuals during her last visit to the President.

According to the letter, the aggrieved women also claimed that national women leader sidelined them during the party’s campaign activities in the just concluded general election.

The nine women include: Hon. Omorede Osif — Deputy National Treasurer, Hon. Olubunmi Oriniowo — APC National Ex-Officio South-West, Hon. Oluwatoyin Opawoye — APC National Ex-Officio North-Central, Princess Zahra Mustapha Audu — APC Zonal Women leader North Central, Mrs Yetunde Shakirat Adesanya —APC Zonal Women leader South-West, Hon Mimi Uchenna Diyiokeh — APC Zonal Women leader South-East, Hon Zainab A. Alman — APC Zonal Women leader North East, Mrs Cynthia Princewill —APC Zonal Women leader South-South and Hajia Hadiza Ahmad Shagari —APC Zonal Women leader North-West.


The letter reads, “We congratulate President Bola Ahmed Tinubu (GCFR) and his Vice, Alhaji Kashim Shettima (GCON) over their resounding victory secured at the last presidential poll which gives testament to the strong belief and conviction Nigerians have in them as expressed at the poll with the mandate freely given to them in tandem with the constitution and democratic norms of our dear country.

“Without deviating from the essence of this subject, it is very pertinent we express our total displeasure and concern over the misrepresentation and self-aggrandizement of the National Woman leader, Dr. Beta Edu visit to the Presidential Villa on the 13th of July, 2023.

“We wish to state categorically and in strong terms that her visit to the Presidential Villa was a misrepresentation as she in no way represent the elected National Women Officials and Zonal Women Leaders of the party as against the news making the rounds.

“We were totally unaware of her Presidential visit and no due information nor notification were given to us the Women she claimed to represent during her visit.

“It is disheartening that Dr. Beta Edu could label her visit to Mr.President to be the representation of National Stakeholders and Zonal Women leaders even without them knowing and not in attendance during the visit.

“It is worrisome that at this infancy stage of the administration of President Bola Tinubu which needs all hands to be on deck that the women leadership of the party is already experiencing division and seclusion in representation which has been the pattern of the National Women Leader, Beta Edu, since her emergence.

“It is in strong terms that we reject her leadership because she has failed in managing the affairs of the women in the party.

“Throughout the electioneering, Dr. Beta Edu worked in isolation without a synergy with her colleagues’ National Women officials of the party and the Zonal Women leaders.

“We individually devised means and strategies to galvanize and mobilize support for the party in our various states and travelled to almost all States campaigning with Mr President with our personal funds and resources because we are highly committed to the Renewed hope project and which we are glad to be part of the success story of today.

“We want Mr President to know that most women paraded by Dr Betta Edu were mostly fake. Authentic and democratically elected national officers who are even National Executive Council Members, all Zonal women leaders, the three women senators and fifteen female House of Representatives member and a host of others relevant women leaders and stakeholders were replaced by fake women in the visit to the President.

“We hereby reject the leadership of Dr Betta Edu and unanimously pass a vote of no confidence on her and whatever she represents.

“We appeal to Mr President to use his good office to grant audience to the Elected National Female Executives and Zonal Women Leaders of our great party for all-inclusiveness.”

https://saharareporters.com/2023/07/15/crisis-brews-ruling-apc-members-reject-national-women-leader-beta-edu-write-petition