In response to allegations of fraud made by a customer, Dr. Agbai Eke, against FirstBank, the bank has issued a firm statement declaring the claims “entirely unfounded and false.” The controversy arose following a recent article in Thisday Newspaper and a report by Arise Television, along with a circulating video detailing the court case.

FirstBank’s investigation into the matter revealed that the alleged fraud stemmed from unprofessional and unethical dealings between Dr. Eke and a former employee of the bank. According to the bank, this former employee exploited a personal relationship to facilitate unauthorized transactions without the bank’s knowledge.

As this case is currently before the court, FirstBank has chosen not to comment further, allowing the judicial process to determine the facts. However, the bank has filed a report with law enforcement to ensure a thorough investigation, and the involved parties have reportedly provided useful statements.

FirstBank reiterated its commitment to transparency, accountability, and safeguarding the interests of its customers, emphasizing its adherence to high standards of integrity and professionalism.