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International Welcome Scholarship at Murdoch University in Australia 2019

MD Peace Mass transit, Sam Onyishi returns over N2.2 billion naira wrongly credited to his account

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Business  mogul, Dr. Sam Maduka Onyishi, the Managing Director of Peace Mass transit, has returned the sum of N2,219,500,000 which he said was wrongly paid into his account by First Bank.

Onyishi, who explained how he discovered the huge sum in his Unity Bank account, returned same to the First Bank.

At an event in Enugu, weekend, witnessed by journalists, he said that he had requested for $3m from First bank to be paid into his Unity account only to be paid $10m instead by First bank which is about N3,219,500,000 representing an excess of N2,219,500,000.

The cheque was received on behalf of First Bank by the Business Manager, Commercial Banking, Mr Kokelu Ben and the Branch Manager, Unity Bank, Enugu Branch, Mrs Ifeoma Eleanya.

According to him, “The amount they paid in was N3,219,500,000 but my own money there is N1,000,000,000 so the balance is not my money. I said that I cannot invest this money and be gaining from another person’s money and I can’t also keep it. I can’t keep $7m Dollars that doesn’t belong to me.

“I told my bank (First Bank) to pay money into my Unity bank account that I want to take 3 million dollars and they paid ten Million Dollars instead. I called them and informed (First bank) that the amount they paid to me was more than the amount I requested. They told me that the ten million Dollars was my money.

“I was angry with them. I asked them how come I have this kind of money and I’m not aware of it. I asked them how come they went ahead to invest my money without telling me so that I can use my money and then I can know how much I have.

“I told them that they have failed to give me a statement of my account even when I have demanded for it severally. I discovered later that the amount was even more than what we are talking about because there was another person I asked the bank to pay money to whom they even paid extra.

“I made enquiries and they told me that I should wait until when it is time for banks to do reconciliation, they will discover whether the fault was from First Bank, Central Bank or Unity Bank. I waited for a whole month and no one called me. I told the devil that he is a deceiver and a liar. He knows that I need money now that is why this thing is happening now.ALSO READ:   Sowore: “DSS Only Saved Him From Setting Self Ablaze” — Buhari’s Aide

“That’s why I said, let me invite First Bank and Union Bank and also invite journalists. I said let me give the money to First Bank, if they find out that the money is mine, they should return it. If it belongs to Unity Bank or CBN give it to them. If it is your own, keep it. So I am giving this money to you to keep on trust.”

He called on the management of CBN, Unity Bank and First Bank to look into the origin of the money and such leakages could come with dire consequences for any commercial institution.

“I had sent emails to the bank to inform them of the wrong payment and they didn’t find anything. My account in First Bank was not debited so they did not see it. Unity Bank did not see anything because they just received the money.

“Nobody knows if the money came through Central Bank because the money came through three organizations before it came to my account in Unity Bank. Why I am doing this is that if it is either First Bank Unity Bank or CBN that has this fault, they should as a matter of urgency block the loophole because this is a sign that people’s money have been missing everyday. It can also lead to a total collapse of any bank,” he said.

In his response, the business manager, commercial banking, First Bank, Mr Kokelu Ben said that, “I don’t have any official thing to say but I must state that Dr Onyishi is a man of Integrity. When we look in into the situation we will advise him on what happened and how to remedy this situation.”

Whether you join a bachelor’s or a master’s degree program, the International Welcome award is a valuable opportunity for making your education interesting in Australia.

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Murdoch University was established on 25 July 1973 as the state’s second university. It is a public university whose name is taken from Sir Walter Murdoch and ranked within the 500 best universities in the world.

Why at Murdoch University? The university offers a huge range of degree level course and an exceptional learning environment for students. It has the best teachers who are devoted to supporting candidates in building a bright future.

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  • Course Level: Undergraduate and postgraduate coursework program
  • Award: $23,000
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  • Nationality: International
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  • Application Deadline: November 30, 2019
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  • Acceptable Course or Subjects: Available for undertaking an undergraduate and postgraduate degree program in any subject at the university.
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