UBA account holder in the UK alleges theft of N2.27m from his account

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By Our Reporter

Bamidele Dayo, a Nigerian student in the United Kingdom and an account holder with United Bank for Africa (UBA), has reported the mysterious disappearance of N2.27 million from his account.

Dayo said on June 25, 2034, after transferring N10,000 from his UBA account, he received several unexpected debit alerts on his phone, showing four transactions of N500,000 each and an additional one for N272,000.

“That’s how I lost N2.272 million. However, when I contacted UBA, their forensic investigation could not determine how my money was stolen,” Dayo said.

Currently pursuing a master’s degree, Dayo recounted receiving an email notification that another device had been linked to his UBA app—a surprise since he had not shared his phone or account details with anyone.

“I could still log in, but someone else in Nigeria was able to access the same mobile app. I was baffled at how two devices could be linked to one account without an OTP (one-time password) being sent to me,” he added.

Dayo said the fraudulent debits were carried out via mobile transfers from the newly attached device. He immediately contacted UBA’s fraud help desk, which assured him that they would investigate and temporarily lock his account.