THE NEWS NIGERIA
In a bid to recover a total sum of N1.7 billion fraudulently transferred electronically from its vault, Globus Bank Limited has filed an application before a Lagos high court, urging the court to order the reversal of the funds from the account of the illegal beneficiaries domicile in eight commercial banks.
According to an affidavit sworn to and filed by the legal officer of Globus Bank Limited Kosisochukwu Ngene before the court by a Legal practitioner, Barrister V.K.Banjo, the deponent made and oath and states as follows:
That Globus Bank is a commercial bank with the registered office at No 6
Adeyemo Alakija street, Victoria Island, Lagos and licensed under the laws of Nigeria to carry out banking business in Nigeria.
That between Monday 6th and Saturday 11th of June 2022, there was a system glitch in Globus Bank’s Unstructured Supplementary Service Data (USSD) application, which led to the processing of several fraudulent and unauthorized electronic transfer in the sum of N1,755,376,156.34 (One Billion, Seven Hundred and Fifty-Five Million, Three Hundred and Seventy-Six Thousand, One Hundred Fifty-Six Naira thirty four kobo.
Seven hundred and nine (709) Globus bank customers’ who were involved in the fraudulently transfer to the various accounts domiciled with the right commercial banks are contained in the Excel sheet filed before the court.
Immediately, the Globus bank discovered the glitch, the bank instantaneously notified all the banks involved and requested that the beneficiary accounts be restricted in line with Central bank of Nigeria regulation to avoid dissipation of the funds fraudulently transferred into the accounts domiciled with the banks.
Subsequently, Globus bank immediately approached the Magistrate Court, in the Yaba Magisterial District and obtained an order directing the banks to freeze and reverse the amount fraudulently transferred into various accounts domiciled in the banks.
That in response to the order served on the respondents some of the respondents were able to salvage certain sum wherein the total sum of N817,998,969.85 were returned to the bank while the total sum of N962,019,843.35 is still outstanding and yet to be returned to the bank by the respondents banks.
The Excel sheet which contains the names of the respondents, the total amount fraudulently transfered from Globus bank,the total amount salvaged and returned to the Globus and the total amount outstanding is analyze is filed before the court.
