United Bank for Africa (UBA) has debunked a viral social media claim alleging that its Group Chairman, Tony Elumelu, has separated from his wife, Awele Elumelu, describing the report as false and damaging.
In a statement released on Sunday, the bank said the claim was entirely fabricated and appeared designed to mislead the public while tarnishing the reputation of both its chairman and the institution.
UBA said the content circulating online was “reckless and malicious,” stressing that there was no truth to the allegation.
The bank also confirmed that the matter has been reported to law enforcement agencies, leading to the arrest of three individuals linked to the creation and spread of the false information.
According to the statement, investigations are ongoing and could result in more arrests as authorities track others involved in the alleged smear campaign.
UBA warned bloggers, social media users, and platforms to immediately stop sharing the claim, adding that all related posts should be taken down and preserved as potential evidence.
The bank said it would not hesitate to pursue legal action against anyone found responsible, reiterating its commitment to protecting the privacy and reputation of its chairman and his family.
