Estate Requests Decade-Long Financial Records From First Bank, FCMB, 4 Others
The estate of the late Chief Aminat Abiodun has formally made a request for comprehensive financial records associated with her accounts held at six major Nigerian banks.
These banks include First Bank Nigeria Limited, Union Banks Plc, First City Monument Bank (FCMB), Access Bank Plc, Polaris Bank Limited, and Cooperative Mortgage Bank.
The request, conveyed through their legal representative, Mr. Kabir Akingbolu of Salawu Akingbolu and Co., seeks detailed financial statements and account information spanning from January 2010 up to the present date.
It comes with a stern warning that legal action will be pursued if the banks fail to respond to this request within seven days.
The legal team, comprising Ahmed Razak Lawal, Oladapo Odubunmi, and Olabisi Abiola, underscores their authority to access these records as administrators, as duly granted by the High Court of Justice, Oyo State, Ibadan, following Chief Aminat Abiodun’s passing in 2018.
In a formal letter addressed to the Managing Directors of the respective banks, the legal representatives of the late Chief Aminat Abiodun’s estate officially requested comprehensive financial statements and account records from January 2010 to the present date.
The estate, represented by Ahmed Razak Lawal, Oladapo Odubunmi, and Olabisi Abiola, affirms that the late Chief Alhaja Aminat Abiodun maintained a range of accounts with these banks, including savings, current, and fixed deposits, all located in Agodi, Ibadan.
Chief Aminat Abiodun passed away without leaving a will in 2018. Subsequently, her beneficiaries, represented by the administrators mentioned earlier, were granted a Letter of Administration by the High Court of Justice, Oyo State, Ibadan.
This legal authorization empowers them to request and obtain detailed account statements.
To support their request, the legal team has attached a copy of the Letter of Administration.
They emphasize their legal right to access these account statements, aligning with their responsibilities as administrators. The comprehensive account history is crucial for settling the estate’s financial matters and ensuring a transparent distribution of assets.
This formal request underscores the estate’s commitment to responsibly manage the late Chief Aminat Abiodun’s financial affairs in accordance with legal procedures.
First Bank Nigeria Limited is expected to respond to this request promptly, complying with applicable regulations governing such requests from authorized estate administrators.
These statements encompass various bank accounts associated with Bank Verification Number (BVN) 222 96414877, covering the period from January 2010 to the present.
Furthermore, the estate has mentioned the late Iyalode’s personal chattel safety scheme, where she deposited and safeguarded her gold, bracelets, and other personal effects with the bank. Surprisingly, there has been no mention or reference to these items.
The estate’s representatives stressed the necessity of this step to enable them to manage the late Chief Aminat Abiodun’s estate in line with the power granted to them by the Letter of Administration.
They express their hope for a positive response within seven days and offer to cover all associated expenses. If the banks fail, refuse, or neglect to grant this request, the estate is prepared to take reasonable legal action, which may involve the EFCC to investigate the details and circumstances surrounding the late Chief Aminat Abiodun’s accounts and transactions.
The estate conveys its appreciation in anticipation of a positive response and assures the banks of their esteem.