Access Bank Denies Ponzi Investment Firm

By Fola James

Access Bank Plc says it has no link with Access Capital, a company offering customers bogus returns on investments.

The Herbert Wigwe-led bank, in a statement, warned its teeming customers and investors to be very careful with the investment firm asking members of the public to invest in its products.

The firm, Access Bank Plc said, is not one of its affiliates, and that it would be at the risk of anybody to invest in the company’s products, as the commercial bank would not be held responsible for decision made by investing public on the issue.

According to the disclaimer, the investing public has been warned because Access Bank “would not be responsible for any loss, damages, refund whatsoever that may arise therefrom.

“The management of Access Bank Plc and its subsidiaries wish to inform the public that our attention has been drawn to an online investment entity known and described as Access Capital Investment Platform which has been soliciting members of the public to invest into its Access Capital Investment products promising mouth-watering returns on investment.

“By this disclaimer, Access Bank Plc wishes to dissociate itself, affiliates, subsidiaries and/or proxies from the activities, contract, claims or business engagements of Access Capital Investment Platform.

“Access Capital Investment Platform is not an affiliate nor subsidiary of Access Bank Plc and it would be at the risk of anyone who invests in any of the Access Capital Investment packages/products, as Access Bank Plc would not be responsible for any loss, damages, refund whatsoever that may arise therefrom”, the statement said.