N2.2bn mistakenly paid by First Bank to Transporter account was returned

The Managing Director of Peace Mass Transit, Dr. Maduka Onyishi, says he has returned the sum of N2.2bn which was wrongly paid into his First Bank of Nigeria account.

The cheque was received on behalf of First Bank by the Business Manager, Commercial Banking, Mr. Kokelu Ben; and the Branch Manager, Unity Bank, Enugu Branch, Mrs. Ifeoma Eleanya.

Dr. Onyishi, who explained how he discovered the huge sum in his First Bank account, said that he had requested for $3m from the Central Bank of Nigeria, through the Unity Bank PLC, only to be paid $10m instead, which is about N3,219,500,000, representing an excess of N2,219,500,000.”

He said in a statement, “The amount they paid in was N3,219,500,000, but my own money there was N1,000,000,000; so, the balance was not my money.

He said he subsequently requested for a copy of his statement of account in order to trace the origin of the payment, but the bank continued to dilly dally.

He called on the management of CBN, Unity Bank and First Bank to look into the origin of the money, warning that such leakages could come with dire consequences for any commercial institution.

The PMT boss said he had sent email to the banks to inform them of the wrong payment, but they didn’t find anything.

In his response, the business manager, commercial banking, First Bank, Kokelu Ben, described Onyishi as a man of Integrity. (Punch)

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