• About Us
  • Contact Us
Friday, June 12, 2026
  • Login
No Result
View All Result
NEWSLETTER
PENPUSHING
  • Home
  • News
  • Politics
  • Business
  • Entertainment
    • All
    • Sports
    Nigeria may miss the world cup, but Nigerians by blood will be there

    Nigeria may miss the world cup, but Nigerians by blood will be there

    Adijat Adeleye @50: A destiny journey; new hope for ifo/ewekoro

    Adijat Adeleye @50: A destiny journey; new hope for ifo/ewekoro

    Tunde Lemo gives befitting burial to mother-in-law, Deaconess Rachael Coker in Abeokuta

    Tunde Lemo gives befitting burial to mother-in-law, Deaconess Rachael Coker in Abeokuta

    Founder Penpushing Media foster mother’s burial holds June 13 in Ilesa

    Founder Penpushing Media foster mother’s burial holds June 13 in Ilesa

    Top-notch hotel, Treal Hotels and Suites berth in Abeokuta, set for official commissioning

    Ogun state government lauds establishment of Treal Hotel and Suites in Abeokuta, speaks of adding positive values to hospitality, tourism

    Penpushing celebrates Dapo Abiodun at 66

    Penpushing member, Oluremi Olugbenro’s mother-in-law dies at 83, family announces burial programmes

    Penpushing member, Oluremi Olugbenro’s mother-in-law dies at 83, family announces burial programmes

  • Sports
  • Interviews
  • Metro Plus
  • Opinion
  • About Us
    • Contact Us
  • Home
  • News
  • Politics
  • Business
  • Entertainment
    • All
    • Sports
    Nigeria may miss the world cup, but Nigerians by blood will be there

    Nigeria may miss the world cup, but Nigerians by blood will be there

    Adijat Adeleye @50: A destiny journey; new hope for ifo/ewekoro

    Adijat Adeleye @50: A destiny journey; new hope for ifo/ewekoro

    Tunde Lemo gives befitting burial to mother-in-law, Deaconess Rachael Coker in Abeokuta

    Tunde Lemo gives befitting burial to mother-in-law, Deaconess Rachael Coker in Abeokuta

    Founder Penpushing Media foster mother’s burial holds June 13 in Ilesa

    Founder Penpushing Media foster mother’s burial holds June 13 in Ilesa

    Top-notch hotel, Treal Hotels and Suites berth in Abeokuta, set for official commissioning

    Ogun state government lauds establishment of Treal Hotel and Suites in Abeokuta, speaks of adding positive values to hospitality, tourism

    Penpushing celebrates Dapo Abiodun at 66

    Penpushing member, Oluremi Olugbenro’s mother-in-law dies at 83, family announces burial programmes

    Penpushing member, Oluremi Olugbenro’s mother-in-law dies at 83, family announces burial programmes

  • Sports
  • Interviews
  • Metro Plus
  • Opinion
  • About Us
    • Contact Us
No Result
View All Result
PENPUSHING
No Result
View All Result
Home News

Unity bank faults accusation by Ogun state civil servants of non- remittance investment fund

by Penpushing
September 21, 2021
in News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
Post Views: 25

The Unity Bank has faulted claims of civil servants in Ogun state of diverting the association’s N134 million investment fund domiciled in the bank, stressing that it had carried out all financial transactions with the association in line with the mandate of the group.

Penpushing reports that, the Nigeria’s commercial bank in a statement on Tuesday explained that, going by all available records regarding the account and transactions of the association, there’s completely no wrongdoing on the part of the Bank who acted professionally in the interest of the Association.”

“The attention of the Bank has been drawn to the action of Association of Senior Civil Servant of Nigeria (ASCSN) in Abeokuta. Going by all available records regarding the ASCSN account and transactions, Unity Bank hereby states that there’s completely no wrongdoing on the part of the Bank who acted professionally in the interest of the Association”,the statement reads

“Until proven otherwise, the Bank can therefore not be held liable for any complaints of ASCSN since the instructions for the transfer of the sum of money, totalling N54.8m, were duly authorised by the association’, the statement posited.

“The Bank, in carrying out the transactions sent SMS notifications as well as rendered periodic account statements of the financial activity on the account. The Bank wishes to advise members of ASCSN to await the outcome of the reconciliation to determine if the mandate upon which the Bank acted fails to tally with the authorised signatories submitted by the association’.

“The CBN is aware of the issues and we held (a) meeting with them last Friday but the people picketing the Bank are merely embarking on a needless smear campaign instead (of) awaiting (the) outcome of the reconciliation process.”

‘The Bank wishes to advise members of ASCSN to await the outcome of the reconciliation to determine if the mandate upon which the Bank acted fails to tally with the authorised signatories submitted by the association’, the statement emphasised.

‘The CBN is aware of the issues and we held meeting with them last Friday but the people picketing the Bank are merely embarking on a needless smear campaign instead (of) awaiting (the) outcome of the reconciliation process’, the statement added.

Penpushing also reports that, it is recalled that, members of the Senior Civil Servant of Nigeria (ASCSN) ,Ogu state  had earlier embarked on a protest  alleging the bank of refusal to move their investment fund to another bank where they got a better deal.

The chairman of the association, Olude Isa-Owolabi argued that the state government had instructed Unity Bank to transfer its fund into another bank account, alleging that the bank refused to send the entire fund, thereby creating a significant shortage of amount from their accounts

FOOTNOTE: You want to share story with us? You want to advertise with us? You need publicity for product, or service, or   event? Contact us on WhatsApp +2348073463653 or email penpushing@yahoo.com

 

Penpushing

Penpushing

Recommended

Coronavirus injection: Ogun state government vaccinates 59,000 residents

5 years ago

Court orders global seizure of Farotimi’s book on Afe Babalola

1 year ago

Popular News

    Connect with us

    About Us

    Penpushing has been robustly nurtured on the journalistic ideology of adding value to journalism worldwide, by ensuring credible sources of news around the world.

    Penpushing logo
    • About Us
    • Contact Us

    © 2026 Penpushing Media Ltd. All Rights Reserved. Designed By DeedsTech.

    No Result
    View All Result
    • Home
    • Politics
    • World
    • Business
    • National
    • Entertainment
    • Sports
    • Lifestyle
    • Tech
    • Health

    © 2026 Penpushing Media Ltd. All Rights Reserved. Designed By DeedsTech.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

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

    Log In