Showing posts with label #Dollars. Show all posts
Showing posts with label #Dollars. Show all posts

Wednesday 27 July 2016

UBA Reacts To Alleged Involvement In Turkish Coup

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The United Bank for Africa Plc on Tuesday denied any involvement in the recent failed coup in Turkey, saying a Turkish newspaper report linking it with the high treason was false and spurious.
A Turkish newspaper, Yenisafak, had alleged that a suspected financier of the coup in Turkey, ex- US commander, General John Campbell, transferred funds used to finance the coup through the Nigerian bank.
It 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.
But UBA in a two paragraph statement by its Head of Communications, Charles Aigbe, dismissed the allegation saying it was in no way connected with the coup in the European country
It said: “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 report by Yenisafak had alleged that the Nigerian branch of UBA was the main base for the last six-months of money transactions for the coup plotters.
It stated that millions of dollars were transferred from Nigeria to Turkey by a group of CIA personnel.
The money, which it said had been distributed to an 80-person special team of the CIA, was used to convince pro-coup generals. More than two billion dollars were allegedly distributed during the process leading to the coup.
It said after taking money from their bank accounts, the CIA team hand delivered it to the coup plotters under military dresses.
It also stated that ongoing investigations showed that Campbell had paid at least two secret visits to Turkey since May, until the day of the coup attempt.
SOURCE: nigerianmonitor