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UBA, Union Bank ATMs sealed

24 June 2014, 10:59

Abuja - As part of the efforts of government to ensure that consumers get value for money, the Weights and Measures Department, Federal Ministry of Industry, Trade and Investment, sealed Automated Teller Machines(ATMs)belonging to UBA Plc and Union Bank.

The UBA bank located in AP Plaza, Wuse 2 and the Union bank branch in the Central Business Districts were found to be using ATMs and counting machines that are not properly certificated by the appropriate authority.

Apart from the sealing of the ATMs, counting machines of the affected banks were also confiscated.

There have a been various complaints from customers across the country over  the malfunctioning  of some ATMs  which have often times led to debiting without payment and other sundry complaints.

Speaking during the exercise, Salim Mohamed, a legal metrology in the Weight and Measure Department stated that both banks contravened the provision of weight and measure Act by deploying machines that were not certificated by the appropriate authority.

He stated, "The essence of the exercise is to enforce compliance to the provision of the Weight and Measure Act which states that any equipment that is deployed  to use in the country must be properly certificated.

On whether the department could not go beyond sealing the defaulting ATMs, he said there were other sanctions, stressing that the punishment meant out to defaulters depended on the enormity of offence committed.

“In the interim, what we have done is to seal the ATMs because the banks are not permitted by the law to use equipment that has not been certificated by the appropriate authority,"  he stated.

-     NAN

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