business
Stanbic IBTC responds to ‘N1.2trn Unclaimed Funds: House Committee Asks Stanbic IBTC, First Bank to Remit N97bn to Govt’
The attention of Stanbic IBTC Bank PLC (the Bank) has been drawn to press reports alleging that a sum of “N83 billion” of what was termed to be “unclaimed funds” had been discovered in the Bank, as part of the hearing by the House of Representatives Ad-Hoc Committee on recovery of “Unclaimed Funds”.
It is important to stress clearly that the allegations made in the press reports against the Bank are misleading and DO NOT represent the facts. The Bank has provided all information as requested by the House of Representatives’ Ad-Hoc committee and continues to work with the House Committee to provide any additional information that the Committee may require. For the avoidance of doubt, the Bank does not have any further obligations in respect of any alleged “unclaimed funds”.
Stanbic IBTC Bank continues to be transparent and ethical in its business practices, and we remain committed to upholding the highest level of integrity in all our dealings.”
VIDEO: Armed Robbers Storm Live TV Broadcast, Cart Away Phones and Equipment
Ayewa’s Family Denies Daughter’s Allegations, Threatens Legal Action Over Defamatory Publications
Emefiele Loses As Supreme Court Forfeits Ex-CBN Gov’s Assets To FG
ONDO POLICE ARREST FATHER FOR ALLEGEDLY BURNING 10-YEAR-OLD DAUGHTER WITH HOT IRON FOR BEDWETTING
PSC Releases Names of Successful Applicants for Recruitment of 50,000 Police Constables
Trade Minister Visits Zamfara State, Lauds Governor Dauda Lawal’s economic and Investment drive
Governor Dauda Lawal Commissions ZAM Lithium Processing Plant, Targets 2,000 Jobs, Local Value Addition
Gov Dauda Lawal Flags Off 2026 Wet-Season Farming, Distributes 72,000 Bags of Free Fertiliser to Zamfara Farmers
State Police Ends ‘Ceremonial’ Role of Governors as Security Chiefs — Governor Dauda Lawal
FG urges Ogun, Ondo communities on total support for Dangote Industrial City, Deep Seaport project
ATM PAYS COURTESY VISIT TO OLUBADAN OF IBADAN, OBA RASHED LADOJA
50 Newly Fulfilled Prophecies Of Primate Elijah Ayodele
Isha Sesay to Share Career Insights, Journey into Motherhood on CNN’s African Voices
Governor Dauda Lawal Distributes 50 Subsidised Buses, Commissions Fire Trucks for Swift Emergency Response
Rescue Mission: Governor Dauda Lawal Approves N7.2 billion for Community Projects Across Zamfara
