United Bank for Africa Plc (UBA) has denied the allegations made in a Turkish newspaper that it funded the coup plotters with $2 billion. The Turkish newspaper, Yeni Safak, had alleged that $2 billion was transferred to Turkish coup plotters through the lender.
The Nation quotes head of communications, UBA Plc, Charles Aigbe as saying that the allegation was not true. “UBA is aware of the on-going and spurious media speculation linking our institution to recent events in Turkey.
In the 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,” Aigbe said in a statement issued yesterday.
The bank’s spokesman said the lender remains focused and firmly committed to delivering on its strategy to build Africa’s premier banking institution.