TAJ Bank Ltd suffered another system glitch in March this year, leading to unauthorized transfers of a staggering N957.4 million to several accounts in 26 banks and fintech platforms.
This came nearly a year after the bank faced a similar system glitch that moved N139.6 million from its system.
However, in a surprising twist, the bank has withdrawn its case seeking the reversal of the unauthorized debits from the Federal High Court in Abuja.