ubaNigeria’s United Bank for Africa was yesterday named by a Turkish newspaper, Yenisafak as one of the banks used to fund the attempted coup in Turkey.

The publication alleged that UBA helped the suspected coup – plotter named John F. Campbell, a retired general of the U.S. Army with strong links to the Central Intelligence Agency, to transfer over $2billion within six months.

Now, UBA has branches in 20 African countries. The newspaper report however claimed that “the Nigerian branch of the United Bank for Africa (UBA) was the main base for the last six months of money transactions for the coup plotters.”

According to the report, “Campbell also managed more than $2billion money transactions via UBA Bank in Nigeria by using CIA links to distribute among the pro-coup military personnel in Turkey.”

UBA Plc has however come out to categorically deny the report. In a public statement signed by the bank’s Head of Communications, Charles Aigbe, the bank said:

“UBA is aware of the on-going and spurious media speculation linking our institution to recent events in Turkey. In the light of this we believe it is necessary to categorically state that UBA has no involvement in or connection to these accusations, which are clearly false.”

“We remain focused and firmly committed to delivering on our strategy to build Africa’s premier banking institution.