Prominent social media activist VeryDarkMan has uncovered what he claims to be a disturbing inheritance scandal involving Access Bank and a disputed N500 million estate. The explosive allegations have sparked widespread concern among bank customers and raised serious questions about banking transparency in Nigeria.
The controversy centers around the estate of Mr. Edongesi Edit Hour, who passed away on April 17, 2019, leaving behind what his family claims were substantial financial assets across several Nigerian banking institutions. According to VeryDarkMan’s detailed exposition, the deceased had reportedly confided in his sister, Basi Edit Hour, about significant funds held in multiple banks, including GT Bank, Keystone Bank, and most notably, Access Bank.
The case took an intriguing turn when Basi Edit Hour, armed with a Letter of Administration from the Kaduna High Court, successfully accessed funds from two banks – retrieving N10 million from GT Bank and N2.9 million from Keystone Bank. However, the situation became complicated when attempting to access the alleged N500 million held in Access Bank, leading to what VeryDarkMan describes as a concerning pattern of institutional behavior.
In a development that has raised eyebrows across Nigeria’s financial community, Access Bank allegedly denied the existence of any account belonging to the deceased. This denial becomes particularly noteworthy given that the Central Bank of Nigeria reportedly confirmed the existence of accounts linked to Mr. Edongesi’s Bank Verification Number (BVN). The activist claims that when pressed, Access Bank provided what he characterizes as incomplete records, refusing to furnish a comprehensive account statement.
The controversy deepened when, according to VeryDarkMan’s investigation, Access Bank issued a statement in 2020 claiming the account in question had remained dormant since its opening in 2016, showing a negligible balance of just 54 Kobo. This claim has become a focal point of the activist’s investigation, as he argues that the conspicuous absence of account records between 2016 and 2020 raises serious concerns about potential financial impropriety.
VeryDarkMan’s revelation has transcended beyond a simple inheritance dispute to become a broader commentary on banking practices in Nigeria. His warning to Access Bank account holders has resonated with many Nigerians, particularly given the significant role inheritance plays in family wealth transfer within Nigerian society.
The activist’s approach to this issue has been notably comprehensive, moving beyond mere allegations to call for a thorough investigation into the matter. His social media announcement emphasized the gravity of the situation, stating that this issue carries implications not just for current account holders but potentially for future generations.
The case has sparked intense discussion about banking transparency and customer rights in Nigeria’s financial sector. It raises crucial questions about the responsibilities of financial institutions in maintaining accurate records and their obligations to account holders’ beneficiaries. The alleged discrepancy between the Central Bank’s BVN records and Access Bank’s account statements has particularly caught the attention of financial analysts and consumer rights advocates.
This revelation comes at a time when Nigeria’s banking sector faces increasing scrutiny over transparency and customer service issues. The combination of a high-profile deceased estate, a major banking institution, and significant alleged funds has created a perfect storm of public interest and concern.
The activist’s warning to Access Bank account holders reflects a broader concern about banking security and transparency in Nigeria. His call for vigilance has resonated with many who see this case as potentially indicative of wider systemic issues within the banking sector.
As this story continues to unfold, it has sparked calls for regulatory bodies to strengthen oversight of banking practices, particularly concerning estate management and inheritance processes. The case highlights the critical importance of maintaining detailed financial records and the potential challenges families may face when attempting to access the assets of deceased relatives.
The implications of this case extend beyond the immediate parties involved, potentially affecting how Nigerians view and interact with their banking institutions. As investigations continue, many await Access Bank’s detailed response to these serious allegations, while the broader banking community watches closely for potential regulatory implications.