Ayo Akinyelure said the Senate received two petitions against the bank.
A senator has restated his stance that a Nigerian bank has a case to answer about a petition written to the Senate.
The panel alleged that UBA defrauded NITEL of about N41 billion from N42 billion that liquidators of the telecommunications company deposited there after being sold to MTEL. The allegation was made on the grounds of petitions forwarded to it to that effect by J .U Ayogu and Co, on behalf of NITEL/MTEL.
Alhough Mr Akinyelure said, last week, that he was not perturbed by the threat, his latest statement however, states that his comments were not meant to blackmail Mr Elumelu or cause malicious damage to the bank but to let the public know about the allegations and seek explanations to that regard.
“The first of such Petitions by Liquidators at NITEL & MTEL was from Messrs Otunba O. Sonbore against UBA tor N685,390,365,25 for refund to access bank charges against NITEL and MTEL account in Liquidation. *N29,882,868,204.17 on NITEL account 1142030000705 was withdrawn without authorisation and non-provision of tickets up till now.
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