By Desire Emmanuel
A legal practitioner has threatened the United Bank for Africa (UBA) with legal action over what he described as unauthorised withdrawals of the sum of N93,738.63 from his account with the bank.
The lawyer, Usman Abidemi, wrote the bank and posted details of how the withdrawal was made on his X handle on Tuesday, June 30, saying he has given UBA seven days to explain, failure which he will commence legal proceedings against it.
He wrote: “On the 22nd of June, 2026, I submitted a formal letter to @UBAGroup regarding a series of unauthorised debits on my account. The letter has been acknowledged and the seven working days starts with immediate effect.
“In the letter, I explained that between 2nd and 30th March 2026, a total of N94,738.63 (this is an amount above FG minimum wage) was deducted from my account through transactions I neither initiated nor authorised.
“Throughout this period, my ATM card remained in my physical possession (till today), I did not carry out any online transactions, and, most importantly, I never received any OTP for any of the transactions.
“Despite reporting the incident immediately to @UBAGroup, I was informed that the transactions were classified as “online transactions”, but no satisfactory explanation was given as to how they occurred without my authorisation or the bank’s OTP verification process.
“In my letter, I maintained that these incidents raise serious concerns about UBA’s security systems, its duty of care to customers, and its obligations under the Nigeria Data Protection Act, 2023.
“I have therefore demanded a comprehensive investigation, a written explanation of how the transactions were processed, the identity of those who authorised them, and an immediate refund of the N94,738.63 deducted from my account.
“I have also notified the bank that failure to respond satisfactorily within seven days would leave me with no option but to commence legal proceedings to recover the unauthorised debits and seek damages for the negligence and distress suffered.
“If I don’t get a satisfactory response, I will, by God’s grace make sure this matter is litigated in court. UBA has been extorting me but this will be their last attempt.
“Banks must be held accountable. It’s not logical that our monies are no longer safe with an institution that promised to protect our funds.”
As of the time of this report, UBA is yet to respond to the man’s letter.
