Zenith Bank Faces Allegations from Customer’s Law Firm Over N188 Million Funds Placement
Zenith Bank Faces Allegations from Customer’s Law Firm Over N188 Million Funds Placement A Nigerian law firm, Seasons Law Firm in Abuja, has written to Zenith Bank Plc on behalf of its client, AMSCO Nig. Ltd, raising concerns about a transaction involving more than N188 million in customer funds. In a letter dated January 21, 2025, addressed to the bank’s Managing Director and copied to other senior officials, signed by Adekunle Kosoko, the firm states that AMSCO Nig. Ltd is a long-standing customer of Zenith Bank. The letter refers to prior correspondence, including a July 16, 2025 letter from the…
