The Federal Government through the Federal Competition and Consumer Protection Commission (FCCPC) has queried Wema Bank Plc over illegal banking practices in the country.
This comes after allegations that the bank and its agents have been opening unauthorised accounts for customers with information sourced from their Bank Verification Number (BVN) details.
In a tweet posted on its official handle last Friday, the commission said the situation was becoming widespread and should not be ‘secretly tackled’.
“Can Wema Bank comment publicly on the message that consumers without Wema Bank accounts are receiving across the country, allegedly from the bank? This situation is widespread and cannot be a DM issue anymore. Wema Bank has to come clean,” the tweet from the commission read.
