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JUST IN: UBA Releases Names, Account Details Of Forex Defaulters (Full List)

Published

3 years ago

Sep 25, 2021.

UBA has released the names and account details of forex defaulters.

EKOHOTBLOG reports that the United Bank of Africa (UBA) has published the names, Bank Verification Numbers (BVN), and account numbers of some individuals alleged to have violated the forex policy of the Central Bank of Nigeria (CBN).

UBA made the disclosure via a publication on its website titled, ‘CBN FX defaulters’ on Friday.

The bank stated that the customers committed the offence after applying with fake tickets or visas.

The latest development, EKOHOTBLOG reports, is coming after the CBN directed banks to expose customers who engage in fraudulent and unscrupulous tactics to obtain foreign exchange from banks in the country.

UBA stated, “In compliance with the directive of Central Bank of Nigeria mandating banks to publish the names of defaulters of the forex exchange regulation.

“Based on regulatory directives, the following customers cancelled their trip and failed to return the PTA availed to them despite several mails, text messages, and follow up phone calls.”

The bank also included the name of a customer who it said, “presented fake visa to apply for PTA”.