Access Bank Denies Allegations of Missing N500 Million



Lagos, Nigeria — Access Bank Plc has categorically denied allegations circulating on social media concerning missing funds and unethical practices. 

In a statement issued by the bank's management, it described the claims as "untrue and baseless," reassuring customers that the safety and security of their funds remain a top priority.

The allegations, which have garnered significant attention online, suggest that N500 million is missing from a customer’s account. 

However, Access Bank refuted these claims, stating that no such amount—or any funds from the said account—are unaccounted for. 

The bank also emphasized that it operates with the highest ethical standards and does not condone any form of malpractice.

“We and other independent stakeholders in the banking industry have thoroughly investigated these allegations and independently arrived at the same conclusions,” the statement read.

Access Bank encouraged the public to disregard what it described as "sensational and unverified claims" designed to mislead and provoke undue concern. 

It reiterated its commitment to protecting customers’ interests while respecting privacy laws.

The bank assured customers of ongoing engagement and urged them to approach such claims critically, relying only on verified information.

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