Ubank agrees to probe pension payout dispute

2011-03-05 11:05

Ubank has agreed to probe the ­alleged disappearance of a pension payout from a bank account ­belonging to an Eastern Cape man.

Gcinumzi Nokele (61) can sleep comfortably knowing that his matter is finally receiving attention.

Hotline intervened to assist Nokele in his wrangle to claim R40 646, which was allegedly withdrawn from his bank account without his knowledge.

“It is a relief to know that finally they are doing something about it.

“This dispute dates back to 2003 and all these years I have been trying to prove I did not receive a cent.

“It goes without saying that I am a victim of fraud, but they make it seem as if I am the one committing the fraud,” said Nokele.

Nokele worked for Gold Fields (Driefontein Consolidated Mines) between 1979 and 2002, and was a member of the Mineworkers’ Provident Fund. The fund was ­administered by Akani.

“I waited for possible correspondence from fund administrators regarding the pension payout.

“I did not hear from them, but waited patiently.

“When I tried to reach them a few years later, I was told the money had been paid out,” said Nokele.

Sipho Sidu, principal officer for the Mineworkers’ Provident Fund, has since provided Hotline with Nokele’s proof of payout payment, which was made on ­February 27 2002.

The money was deposited into Nokele’s old Teba bank account.

Teba has since changed its name to Ubank.

But Nokele still maintains that the money was fraudulently withdrawn from his account.

Hotline has referred his complaint to Patty Seetharam, public relations and communications manager at Ubank.

Seetharam told Hotline that the complaint was being probed.

“Our forensic department is ­involved.

“There has to be a speedy and amicable conclusion in favour of our client,” she said.

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