United Bank for Africa (UBA) Plc has been described as a bank Nigerians in the diaspora should avoid at any cost. A Nigerian-born Japanese investor of international repute, Osabuohien Ese Imasuan, in a petition to President Ahmed Bola Tinubu narrated how Tony-Elumelu’s UBA seized his legitimate fund totaling $900,000,000 (Nine Hundred Million Dollars) which was paid into his UBA Account No. 3000271285.
According to information exclusively obtained by LeadingReporters, the victim, via an appeal to President Tinubu’s private investigator narrated how a legitimate investment fund, paid into his UBA account was withheld by the bank on the instructions of Mr., Tony Elumelu. He said UBA connived with the then Governor of the Central Bank of Nigeria, Godwin Emiefele to withhold his business funds which he repatriated to Nigeria from Japan.
According to information privy to LeadingReporters, Mr. Imasaun said that UBA, via a text message, after much pressure, notified him that a ban on his account had been lifted and he was free to transact, only for him to get to the bank and could not assess his funds.
Narrating his ordeal, Mr. Imasaun described himself as a legitimate international businessman who has chains of verifiable businesses in Japan, South Korea and other parts of the world. According to the letter, exclusively obtained by LeadingReporters, Mr. Imasaun said he is a businessman based in Japan and trading under Imasaun Investment Japan Limited, with a registered office situated at No. 405364, Iwai Cho Hodo Gaya Ku Tokohama Shi Kana Japan.
Mr. Imasaun said he is a well-known international businessman who has resided in Japan for over 18 years without any criminal record, via his resident permit No. RC77047731HA and trades on Forex which in turn attracts commissions and other investible returns.
Mr. Imasaun said that his love for Nigeria and to contribute his quota towards national growth through a series of investments, he decided to warehouse some proceeds of his legitimate funds through UBA, unknown to him that the security of his fund is not safe with his choice bank.
He said the plan was a deliberate attempt to mess him up and cow him into forfeiting his hard-earned money. He said he regretted not heeding the earlier warning given to him that UBA was a bank with questionable credentials, despite the media hype and strategic branding of Mr. Tony Elumelu.
Meanwhile, a Texas-based pro-investment Group, The League of Patriots has appealed to President Tinubu to wade into the matter in a view to compelling Mr. Tony Elumelu to release Mr. Imasaun Funds, with all the interests and profits accruable to the fund, since it is obvious, they have been trading with the said fund since the fund was kept in their care.
Barry Nwani, the spokesman of the group, following the League’s Zoom meeting communique said the group would not hesitate to mobilize all its members in the USA, Europe, and Asia to blacklist UBA and other banks that frustrate the efforts of Nigerians in diaspora from bringing in legitimate fund and investing in their home country.
He described Tony Elumelu’s philanthropic activities as a smokescreen peculiar with economic hitmen and jackals.
All efforts to reach UBA to have its say on the allegations proved unsuccessful as texts and calls made to the public affairs department of the bank, through their spokesman Mr. Ramon Nasir were not responded to.
