1 reviews | Active since Nov 2020
NFO – I Am Still Waiting for Transparency and Accountability
I am extremely disappointed with the way the National Financial Ombud Scheme has handled my complaints. I currently have three complaints/reported matters with the NFO, yet I have not seen the level of communication, transparency or meaningful engagement that I expected from an independent ombud. My concern is particularly serious because the underlying dispute involves Standard Bank. I have repeatedly raised concerns that the bank has provided explanations that I believe are inconsistent and unsupported by concrete transaction details, yet I have not received a clear explanation as to how these allegations were independently verified. I have also sent *** requesting updates and clarification, but I am still waiting for proper responses. Why am I having to repeatedly chase the Ombud for an update on my own complaints? The purpose of an independent ombud is to examine both sides fairly—not simply accept a bank's position without requiring clear and substantiated facts. I am therefore publicly asking the NFO: Where is the transparency? Where is the independent investigation? Why have my concerns not been properly addressed? Why am I not receiving timely updates? I am not asking the NFO to automatically rule in my favour. I am asking for a fair, transparent and evidence-based process where the bank is required to substantiate its allegations and I am given a meaningful opportunity to respond. I expect the NFO to do better and to treat my complaints with the seriousness they deserve. I will continue pursuing this matter until I receive clear answers and a transparent outcome.
Dear Mrs. Agboola,
Thank you for bringing your concerns to our attention.
We acknowledge receipt of the feedback you shared on HelloPeter.
Please note that your matter has been referred to the relevant team for review.
You will receive further communication from our office once the allocated adjudicator has assessed the information and is ready to engage with you.
We appreciate your patience while we work through the necessary steps.
Kind regards,
Dear Mrs. Agboola,
Thank you for bringing your concerns to our attention.
We acknowledge receipt of the feedback you shared on HelloPeter.
Please note that your matter has been referred to the relevant team for review.
You will receive further communication from our office once the allocated adjudicator has assessed the information and is ready to engage with you.
We appreciate your patience while we work through the necessary steps.
Kind regards,
