UBA Lender denies alleged involvement in failed Turkish coup

Charles Aigbe, UBA's Head of Communications, dismissed the allegation saying it was in no way connected with the coup in the European country via a statement.

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Kennedy Uzoka as been appointed as the new GMD of the UBA Group

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The United Bank for Africa (UBA), on Tuesday, denied any involvement in the recent failed coup in Turkey, saying a Turkish newspaper report linking it with the terrible event was false and spurious.

Turkish newspaper, Yenisafak, had alleged that a suspected financier of the coup, ex-US commander General John Campbell, transferred funds used to finance the coup through the Nigerian bank.

UBA Chairman, Tony Elumelu play

UBA Chairman, Tony Elumelu

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The report also stated that Campbell managed more than $2 billion transactions through UBA in Nigeria, using CIA links to distribute the money among the pro-coup military personnel in Turkey, according to Nigeria CommunicationsWeek.

However, Charles Aigbe, UBA's Head of Communications, dismissed the allegation saying it was in no way connected with the coup in the European country via a statement.

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UBA is aware of the on-going 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.

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

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UBA Building

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The Yenisafak report had alleged that the Nigerian branch of UBA was the main base for money transactions for the coup plotters in the last six months. The report also alleged that millions of dollars were transferred from Nigeria to Turkey by a group of CIA personnel.

Military personnel in Turkey had attempted to overthrow the government of Turkish president Tayyip Erdogan a few weeks ago. Though a lot of lives were lost as military tanks crushed civilians in the street, protesters and Turkish police later ensured the failure of the coup.

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