CENTENARY BANK ON SPOT OVER SAUDI-BASED CUSTOMER'S 'VANISHED' SAVINGS.

Post Image
 A Ugandan working in the Middle East, Patrick Mulumba, has taken to social media to demand the return of his life savings withdrawn from his Centenary Bank account.

 Mulumba, who claims to have been a loyal customer for over a decade, has accused the bank of mishandling his case, leaving him unable to access his funds.

He accuses the bank of withdrawing up to Shs 4.5 million before blocking the account with no explanation.

Complaint Goes Viral On Social Media

 On 29th December 2024, Mulumba first posted his grievances on TikTok, stating that Shs 4.5 million was withdrawn from his account without his consent.

 He also alleged that the bank subsequently blocked his account, locking up the remaining amount on the account where he had saved up to Shs 9 million.

His videos quickly went viral, particularly among Ugandans working in the Middle East, who joined in criticising the bank’s handling of his case.

In his posts, Mulumba expressed frustration, claiming, “They withdrew the money from my account and proceeded to block it. I need you to return my money and reactivate my account. We have trusted your bank for a long time; you cannot treat us like this.”

Bank Blames Fraud On Fake Social Media Pages.
 
On 5th January 2025, over a week after the first complaint was made, Centenary Bank issued a statement addressing the issue.

The bank expressed regret over the incident and clarified that Mulumba had been defrauded by people operating fake social media accounts of the bank.

“We have engaged the customer and discovered that he communicated with fake social media pages and ended up giving out his account details which led to his account being compromised,”the statement read,

 “We are determined to work together with the authorities to bring the culprits to book.”

 “We urge our customers to stay vigilant, always protect their personal banking information, and report suspicious transactions,” the statement read.

 Despite the bank’s explanation, Mulumba denied ever sharing his account details with anyone.

 He criticised the bank’s initial response, which involved asking him to report the matter to the police, something he found impractical given his location in Saudi Arabia.

“You claim my account was hacked but have shown no proof. I am not going to be quiet,”Mulumba stated in one of his posts.

He further revealed that Centenary Bank had reached out to him on 5th January, promising to resolve his case within 10 to 14 days.

The incident has highlighted growing concerns about the safety of banking systems and the protection of customers’ accounts in Uganda.

 Mulumba’s case is one of several similar ones involving an array of other Ugandan commercial banks whose customers have lost their deposits in fraud.
Go Back

RECENTLY PUBLISHED CONTENTS

Crystal Palace stunned Liverpool to win the Community Shield
Crystal Palace stunned Liverpool to win the Community Shield
Crystal Palace stunned Liverpool by winning the Community Shield 3-2 in a penalty shootout after the match ended 2-2 in regular time. The game saw new Liverpool signings Hugo Ekitike and Jeremie Frimpong score for the Reds, while Jean-Philippe Mateta and Ismaila Sarr netted for Palace.Match Highlights:Early Goal: Liverpool took the lead within four minutes, courtesy of Hugo Ekitike's precise finish assisted by Florian Wirtz.Palace Equalizer: Crystal Palace leveled the...
Read More
UPDF has disqualified More than 60000 Applicants In Intitail Phase Screening.
UPDF has disqualified More than 60000 Applicants In Intitail Phase Screening.
The Uganda People’s Defence Forces (UPDF) recruitment drive for 2025 has become one of the most talked-about topics in the country this week, and for good reason. Over 60,000 applicants—65,000 to be exact—were disqualified in the initial phase, leaving only 13,000 candidates to proceed to the next stage. The army aims to enlist 11,500 new soldiers, meaning even among the shortlisted, another 1,500 will face elimination after physical screenings in...
Read More
UPDF Bids Farewell to Over 600 Retirees in Nationwide Ceremonies.
UPDF Bids Farewell to Over 600 Retirees in Nationwide Ceremonies.
The Uganda Peoples’ Defence Forces (UPDF) has officially retired more than 600 junior officers and Non-Commissioned Officers (NCOs) in a series of vibrant ceremonies held across its various divisions and services.At the central ceremony in Bombo, Maj Gen Francis Takirwa, Deputy Commander Land Force, paid tribute to the retirees for their unwavering dedication to Uganda’s security and their contributions to peacekeeping operations abroad. “It is now with great honour that...
Read More
EAST AFRICA MUSIC STAR IODINE KENYA
EAST AFRICA MUSIC STAR IODINE KENYA
Iodine Kenya, whose real name is Martin Nkonge, is a prominent Kenyan independent artist...
Read More
Runfarbiz Network Improved Streaming Features Includes The Following.
Runfarbiz Network Improved Streaming Features Includes The Following.
Runfarbiz Network Improved Streaming Features Includes The Following, we have improved for you the data consumption to be reduced under optimisation, compressing your data to less than 2kb per item viewed under particular page load.This means, if the page used to normally open with 10mbs, now you shall view the whole page with only 2kb, similar to using 500mbs to stream songs , read posts and watch videos just within...
Read More
Do These Simple Steps To Stop Mustarbation Addiction.
Do These Simple Steps To Stop Mustarbation Addiction.
Stopping masturbation is a personal journey that many people consider at some point in their lives. Whether it’s for religious, mental, or productivity reasons, reducing or quitting this habit can lead to a sense of control and improved well-being. The process isn’t always easy, but with the right mindset and strategies, it’s entirely possible to make lasting changes. This blog will explore practical steps, psychological insights, and long-term techniques to...
Read More


MOST POPULAR CREATORS

WEBSITE PAGE LISTS

HomepageAbout UsPrivacy PolicyTerms of ServiceLogin| RegisterDisclaimerContact Us