Jaiz Bank has reacted to the latest media stories alleging institutional fraud involving a disputed N104 million investment association in Jos, Plateau State.
In an announcement, the bank mentioned that following a complete evaluation of transactions involving a former worker and a few complainants, the bank clarifies that disputed funds have been by no means acquired, booked, or registered beneath any official Jaiz Bank investment product or account.
“Internal data present no proof of Bank-authorized investments, however moderately point out non-public transactions between the complainants and the previous worker.
“The transaction particulars supplied by the complainants don’t align with Jaiz Bank’s established operational, regulatory, or authorization protocols.
“As the matter is pending earlier than the High Court of Justice of Plateau State, Jaiz Bank urges the general public and media to keep away from drawing untimely conclusions based mostly on unverified public narratives.
“Jaiz Bank remains fully committed to ethical, Shari’ah-compliant finance, transparency, and cooperation with regulatory and judicial authorities to ensure a fair resolution,” the assertion mentioned.
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