Tuesday, July 26, 2016

UBA denies funding failed coup in Turkey

The United Bank for Africa via a statement by its Head of Communications, Charles Aigbe has denied any involvement in the recent failed coup which took place in Turkey.

The denial is coming days after a Turkey-based newspaper, Yenisafak, reported that some of those arrested in connection with the July 15, 2016 failed coup plot had told their interrogators that UBA Plc and a US Army General, John F. Campbell.

Responding to the allegations which also claimed funds in the region of $2 billion was moved from the US into UBA Plc from where it was disbursed to the coup plotters, Aigbe said; “UBA is aware of the on-going and spurious media speculation linking our institution to recent events in Turkey. In light of this we believe it is necessary to categorically state that UBA has no involvement in or connection to these accusations, which are clearly false.

“We remain focused and firmly committed to delivering on our strategy to build Africa’s premier banking institution.” 

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