Sun Trust Bank Debunks Withholding NASS Staff Salaries


Muhammad Jibrin, MD/CEO Sun Trust Bank

Management of Sun Trust Bank has debunked in totality, rumours making the rounds through some bloggers on the social media that the bank had held on to salaries of some workers of the National Assembly.

Absolving the bank of any unprofessional conduct in its over ten months of ,operation so far was the Director, Finance and risk Management, Usman Abdulqadir while addressing a press conference on the issue yesterday.

Speaking on behalf of the Chief Executive Officer of the newest generation, counter-free bank, Muhammad Jibrin, Abdulqadir frowned at such story which he tagged as unfounded, unprofessional and mischievous; adding that definitely, such story could not have emanated from the table of trained responsible and professional journalists who are known for their thorough investigation of issues before publishing bas news.

He lamented that bad press was not only detrimental to banking industry alone but never could it do the entire society any good.

“It has come to the attention of the Bank that some individuals, claiming to be staff of the National Assembly, are claiming that the Bank has held on to their salaries without paying it to them.

“For the avoidance of doubt, SunTrust Bank Nigeria Limited is a commercial bank duly licensed by the Central Bank of Nigeria.

“The Bank has executed all mandates given to it with respect to making payment on behalf of its customers promptly

In this vein, as banker to some of the NASS accounts, the Bank has received the mandate to make payments to various beneficiaries and those payments have since been relayed, some via REMITA, to the relevant banks” ; Abdulqadir explained.

He therefore, advised on behalf of SunTrust Bank that any persons who were yet to receive payments executed by the bank should check with their bankers in order to ascertain where such payments were held, adding that as responsible corporate organization, the bank has never failed and would never fail to honour any legitimate obligation to its clients.

Taking media representatives round the Oladele Olashore street- office of the bank in Victoria Island, Lagos, Abdulqadir disclosed that Sun Trust Bank was out to serve the hither-to unserved people, especially, among the masses.

He described the bank as not only the cheapest to patronize but the easiest to access at zero deposit and from anywhere at all without necessarily visiting the bank’s hall.

According to him, the bank has come to redefine banking services in the sense that “it is no more where people go but what people do 24/ 7”.

Meanwhile the bank’s management has expressed its deepest condolences to the National Assembly and the immediate family of the NASS employee who died recently.

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