• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Financial Services

Access Bank debunks allegation of missing N500 million customer’s funds 

Samson Akintaro by Samson Akintaro
November 25, 2024
in Financial Services, Sectors
Access Holdings Plc Building
Share on FacebookShare on TwitterShare on Linkedin

Access Bank Plc has debunked a viral video on social media alleging that a customer’s N500 million was missing from the bank.

While describing the allegation as “untrue” and “baseless”, the bank in a statement released on Sunday also denied claims of unethical behavior by its staff.

A social media influencer, Martins Otse, popularly known as VeryDarkMan, had over the weekend called out Access Bank alleging that the family of a deceased customer could not retrieve the sum of N500 million left in his bank account because the money was missing.

MoreStories

FG to subsidise agricultural inputs by 50% as dry season farming commences 

FG targets N160 billion outputs from 80,000 farmers in 2025/2026 wheat programme 

November 15, 2025
Top 10 families behind Nigeria’s popular manufacturing companies 

Top 10 families behind Nigeria’s popular manufacturing companies 

November 15, 2025

According to him, the deceased on his deathbed had informed his family about various accounts bank accounts where he had money and the amount, including an Access account with N500 million.

What the bank is saying 

Reacting to the video, which has gone viral on social media, especially, on X, formerly known as Twitter, Access Bank said:

“Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank Plc. 

First and foremost, we wish to emphasize that the safety and security of our customers’ funds are core priorities which we take seriously. Second, Access Bank Plc does not engage in or condone any unethical behaviour. 

“In the instant case, the allegations of missing funds in the Bank are most untrue and baseless. 

“There is no N500 million or any other fund or amount missing from the subject customer’s account or from any other customer’s account with us. 

  • The bank added that it had together with other independent stakeholders in the banking industry thoroughly investigated the allegations and independently arrived at the same conclusions.
  • Access Bank insisted that it operates with the highest ethical standards, adding that it would continue to protect its customers’ interests whilst also respecting privacy laws.

“Consequently, whilst we have engaged and will continue to engage with our customers, we must advise the public not to rely on or believe sensational and unverified claims that are designed to titillate and mislead the public.” 

Influencer faults bank’s response 

However, the social media influencer, Otse, faulted Access Bank’s response saying the bank still has some explanations to do.

Reacting to the bank’s statement, he wrote:

“I just saw your response to the allegations of the missing 500 million naira from a dead client account. My first question to Access Bank is, why did the bank statement skip from 2016 to 2020? Where are the statements of 2017, 2018, and 2019?”  

The argument on the allegations may be far from over as more social media users and customers continue to drag the bank despite its statement setting the records straight.


Follow us for Breaking News and Market Intelligence.
Tags: Access BankN500 millionVeryDarkMan
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

Related Posts

CBN, forex
Bank Recapitalization

With 6 months to go, only 6 listed banks have met Central Bank recapitalization target…see list 

September 14, 2025
Kenya’s KCB retains key NBK clients following acquisition by Access Bank 
Corporate deals

Kenya’s KCB retains key NBK clients following acquisition by Access Bank 

August 18, 2025
Report: Nigerian banks paying their staff less salaries compared to African peers, blames AMCON 
Financial Services

Report: Nigerian banks paying their staff less salaries compared to African peers, blames AMCON 

June 13, 2025
Nigerian banks, fintechs set to launch cNGN stablecoin on February 27 
Exclusives

Top 10 Nigerian banks with the highest app downloads as of May 2025  

June 13, 2025
UBA
Financial Services

UBA, Access Bank among Nigeria’s strongest brands in 2025 –  Report 

May 22, 2025
Nigeria’s largest multinationals spreading across Africa – 2025
Companies

Nigeria’s largest multinationals spreading across Africa – 2025

May 7, 2025
Next Post
Crypto liquidations hit $470 million as Bitcoin retracts, Altcoins surge 

Crypto liquidations hit $470 million as Bitcoin retracts, Altcoins surge 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Best performing Nigerian stocks for the week ended November 14, 2025 
  • CBN survey shows 61.5% of households want lower interest rates in October 2025
  • Analysts predict October inflation to decline further, forecast 16.20%–17.76% 

Follow us on social media:

Recent News

NGX

Best performing Nigerian stocks for the week ended November 14, 2025 

November 16, 2025
CBN, forex

CBN survey shows 61.5% of households want lower interest rates in October 2025

November 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics