United Bank of Africa (UBA) has denied report that he funded the failed military coup in Turkey.
A Turkey-based newspaper, Yenisafak, had reported that some of those arrested in connection with the July 15, 2016 plot to topple President Recep Tayyip Erdoğan had told interrogators that UBA Plc and a United States of America Army General, John F. Campbell, arranged for the funding of the coup plot.
The newspaper alleged that funds, in the region of $2 billion, were moved from the United States of America into UBA Plc from where it was funnelled to the coup plotters.
But UBA Plc, in a statement by its Head of Communications, Charles Aigbe, denied involvement in the failed coup plot.
Aigbe said in the terse statement on Tuesday: “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.”
