There are insinuations in the media that the United Bank for Africa, UBA, one of the tier one bank in the Nigerian financial services sector had links with the failed coup in Turkey.
In a response to neutralise the rumour, UBA through its Head of Corporate Communications has issued a statement describing the reports as false and ‘malicious’.
He concluded that “we believe it is necessary to categorically state that UBA has no involvement in or connection to these accusations, which are clearly false.”
He said UBA “remains focused and firmly committed to its goal of building Africa’s premier banking institution”.
Trouble erupted in Turkey when a splinter group in the Turkish military attempt to overthrow President Recep Tayyip Erdogan. The aftermath of the failed coup has led to a massive crackdown on all suspected plotters and their allies.
Content on this site, including news, quotes, data and other information, is sourced by PageOne.ng from official and public sources and other third party content providers for your personal information only, and is not intended for trading purposes. Content on this site is not appropriate for the purposes of making a decision to carry out a transaction or trade. Nor does it provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations regarding particular financial instruments, investments or products.