First Bank withholds dead customer’s balance over strange loan

First Bank withholds dead customer’s balance over strange loan

A civil servant living in Iwo, Osun State, has shared how First Bank refused to release the money in her late husband’s account.

The civil servant, who does not want to be named, told FIJ that the state government under former governor Rauf Aregbesola owed workers, including her late husband, three years’ half salaries. In 2023, Ademola Adeleke, the current governor, began paying part of the backlog of unpaid salaries.

FIJ learned that when the widow tried to access the money at First Bank, where her husband’s account was domiciled, the bank told her that the money had been written off for a purported unpaid loan, and that she could not withdraw it.

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First Bank withholds dead customer's balance over strange loan

 

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