A Senior Advocate of Nigeria, Ebun-Olu Adegboruwa, has asked the Central Bank of Nigeria to protect Nigerians from what he calls “banking with tears and blood”.
In an article he made available to the media on Tuesday, Adegboruwa detailed the recent travails that he and other bank customers have had to grapple with recently owing to the claims by some of the banks that they had recently upgraded their systems.
From issues of multiple failed transactions to customers receiving no value for some successful transfers, the senior advocate says the situation has become one of “some animal kingdom where there is no law and order,” with the consequent effect at times of putting the lives of customers at risk in emergency cases.
Adegboruwas said, “In this cruel and wicked plot of system or network upgrade, some Nigerian banks have now perfected the crooked style of fleecing their customers, joggling transactions at will and denying people of the use and enjoyment of their hard-earned resources.
“I have lost countless transactions that cannot be traced at all. It is nothing but premeditated fraud, cleverly hatched with the connivance of the supervising authorities, who all turn the blind eye.
“The reality is that the banking business in Nigeria has become a pain for the majority of our people. And this should not be so at all if the relevant authorities wake up to assert their regulatory powers under the law.”
