Finance

Access Holdings Plc disowns online investment platform, Access Capital Daily Investment


Access Holdings Plc has dissociated itself from Access Capital Daily Investment, an online investment platform that crowdfunds from members of the public and promises “fictitious but mouth-watering” returns on investment.

In a disclosure filed to the Nigerian Exchange, the bank said it dissociates itself, affiliates and subsidiaries and/or proxies from the activities, contracts, claims or business engagements of Access Capital Daily Investment.

It also warned that it will not be responsible for any loss suffered in the course of dealings or transactions on the products.

What Access Bank is saying

The statement read in part, “The attention of Access Holding Plc trading as Access Corporation has been drawn to an online investment platform known and described as Access Capital Daily Investment which has been soliciting members of the public to invest in its Access capital Investment products promising fictitious but mouthwatering returns on investment.

“The corporation notes with dismay the fraudulent use of its name and logo to mislead unsuspecting members of the public into believing that the products are affiliated and or promoted by the corporation or any of its subsidiaries or affiliates.

Noting that relevant authorities have been made aware, the bank stated that stressed that it is not responsible for consequences that may surface from the deal.

It stated, “The corporation expressly dissociates itself, affiliates, subsidiaries and/or proxies from the activities, contracts, claims or business engagements of Access Capital Daily Investment, Access Capital Investment and any other name, acronym or alias by which they are known or associated with.

“Members of the public are therefore advised that the corporation, its subsidiaries and affiliates would not be responsible for any loss, damage, and/or injuries that anyone may suffer because of dealings or transactions on the products.

“Relevant law enforcement and regulatory agencies have been notified of this disclaimer.”



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