Union Bank Nigeria has responded to the closure of its Lokoja Branch by the Kogi State Internal Revenue Service. In the Bank’s press release today, It express disappointment over the action of the Kogi State Internal Revenue Service and had promised to respond through the appropriate channels.
According to the bank, its intention was to ensure fair and proper assessment, and subsequently, prompt resolution of the situation and reduce the inconvenience to customers.
According to the statement, “As an institution with a proven track record of responsible corporate citizenship, it takes civic obligations seriously. For the benefit of our customers, the press, and members of the general public, we wish to state the following, with regard to the above-mentioned incident.
“Occasionally, as in this case, we may disagree with state entities over the objectivity of tax assessments carried out relating to our business. These are typically resolved through rigorous professional reviews and audits, and sometimes through legal channels.”
The bank added that, “We are therefore disappointed that in this instance, the Kogi State Internal Revenue Service has chosen to escalate the issue rather than work through a professional review process to seek a prudent resolution.
“We are directing our response through the appropriate channels as our objective is to ensure fair and proper assessment, and subsequently, prompt resolution of the situation to reduce the inconvenience to our customers.”
The bank therefore, urged its customers impacted by the closure to choose convenient digital channels – UnionOnline, UnionMobile and *826# – which are available 24/7 for their banking needs