Business & Economy

UNETHICAL: How Access Bank’s Action Worsened Customer’s Plight

Dr Olanrewaju Olasehinde has fingered one of Nigeria foremost financial providers, Access Bank of defaming and causing him invaluable damages, according to AllNews Nigeria.

Brand News Day Nigeria reports that Per Fasina and Omotayo law firm, Dr Olasehinde’s legal counsel, the top medical practitioner was embarrassed, ridiculed over a failed Automated Teller Machine (ATM) transaction.

On 26 August 2020, Dr Olasehinde encountered a failed Automated Teller Machine (ATM) transaction using his Access Bank ATM Visa Card at a Stanbic IBTC Bank PLC ATM in Ado-Ekiti, Ekiti State.

Advertisement

READ: Access Bank Has Worst Banking Security In Nigeria — Notorious Fraudster

He waited for two weeks (in vain), expecting the bank to revert the failed transaction sum of N5, 000. He then proceeded to report at the Access Bank branch on Secretariat Road, Ado-Ekiti in September 2020. Thereafter, he was advised to wait for three working days.

However, Access Bank failed to revert the money, instead alleging Dr Olasehinde collected the money from the ATM, an allegation the doctor feels is a stain on his personality.

Advertisement

UNETHICAL: How Access Bank’s Action Worsened Customer’s Plight

Dr Olasehinde was reportedly subjected to embarrassment in the presence of other customers in the banking hall on one of the days he visited the bank to lodge his complaint. A staff of Access Bank who attended to him then asked him to request Closed-circuit Television (CCTV) footage – which he did.

Upon receipt of the CCTV footage by Access Bank from Stanbic IBTC, Access finally acknowledged the transaction truly failed on the said date.

But to date, the very busy medical doctor has been “made to lose over 50 manpower-hours” due to constant visits to the bank, yet his money is not refunded. No apology from Access Bank despite writing to Herbert Wigwe, the Chief Executive Officer (CEO) of the bank on the matter.

Advertisement

Consequently, the doctor’s lawyers are demanding N25, 000, 000 from Access Bank “for defamation, economic loss, emotional torture, and general damages suffered by Dr Olasehinde since 16 August 2020”.

Facebook Comments
Brand News Day

Recent Posts

Stanbic IBTC Bank Nigeria PMI: New Order Growth Sustained In March, But Higher Fuel Costs Lead To Surge In Prices

Stanbic IBTC Bank Nigeria PMI - Growth slowed in the Nigerian private sector at the…

3 weeks ago

LIRS Extends Deadline For Filing Individual Annual Returns To April 14, 2026

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual…

3 weeks ago

Stanbic IBTC Hosts Maiden Nigeria Business Summit Aims To Drive Sustainable Growth Across Key Sectors

Stanbic IBTC, a leading financial services provider in Nigeria, successfully hosted the 2026 edition of…

3 weeks ago

WARC Global Advertising Trends: FIFA World Cup 2026 Predicted To Drive $10.5 Billion Surge In Ad Spend

The FIFA World Cup 2026 will be the biggest in the tournament’s history, hosted across…

1 month ago

Stanbic IBTC Economic Summit Delivers Strategic Framework For Navigating Nigeria’s 2026 Investment Landscape

Institutional investors, corporate leaders and economic experts gained practical insights into portfolio positioning at the…

2 months ago

BREAKING: President Tinubu Nominates Taiwo Oyedele As Minister Of State For Finance

President Tinubu has nominated the Presidential Committee on Fiscal Policy and Tax Reforms chairman, Mr…

2 months ago

This website uses cookies.