[dropcap]F[/dropcap]irst Bank of Nigeria has been accused of sacking over 100 employees in connection with a ₦40bn fraud scandal.
According to X user WizardEyes, the bank also froze the personal accounts of the affected employees in an incident which allegedly happened around April this year.
Also read: Police say FirstBank staff stole customers’ N650m
The user further claimed that several of these employees were detained for at least six hours by the Nigeria Police Force at the Lion’s Building for questioning.
These claims have garnered significant attention, prompting further scrutiny of the bank’s operations.
On further investigation, it was alleged that one particular Tijani Muiz Adeyinka, a manger on the operations team diverted over ₦40bln in two years.
Adding to the controversy, another user, Dr. Mike Adeshina, recounted a troubling personal experience with First Bank.
The user discovered an unauthorised transaction of over ₦250,000 from their account, which did not trigger any SMS alerts.
Upon contacting his account officer, Adeshina was informed that the transaction was a mistake by the bank and that the debited amount would be returned.
The reversal only reflected in the app, with no accompanying SMS notification, raising further concerns about the bank’s transparency and security practices.
This user expressed suspicion about First Bank, noting that despite receiving SMS alerts for other transactions, this particular unauthorised transaction went unnoticed until manually checked.
The bank has yet to issue an official statement regarding these allegations, while calls to the bank’s media representatives to confirm these allegations were not returned as at the time of filling this report.
Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator, who writes ruthlessly about pop culture, religion, politics and entertainment.
