PENEX LEGAL

Discover how to recover excess charges from your banking transactions. Book a FREE Zoom Session today chat - 07032720592.

ABOUT
Penex Legal is a forensic and investment recovery firm specializing in excess bank charge recovery, debt recovery and fraud detection. We help buisnesses reclaim lost funds due to banking errors, ensuring complaince with CBN regulations. Our expert team of accountants and legal professionals delivers results with integrity, confidentiality and precision.

Services

No upfront payments

Penex Legal specializes in forensic review and recovery of excess bank charges for corporate clients. Our services include identifying and reclaiming overcharges such as excess debits interest, Commission on Turnover (COT), facility fees, and unremitted balances on LC transactions. We use specialized software to analyze banking transactions, reconcile them with CBN regulations and negotiate refunds with banks. If necessary we escalate unresolved issues to the Bankers Committee. Their work is done with minimal disruption to the client's operations, and they operate on a NO CURE, NO PAY basis, charging a percentage of recovered funds.

Financial Success Record

At Penex Legal we have recovered ₦4billion for various clients, with an additional ₦3billion in ongoing discussions

PECUILIARITY OF SERVICE

This is not a statutory audit. We do not require your vouchers, receipts etc. There is no strain on your staff or disruption in their routine duties All we need are Bank statements, Offer Letters, Pay-in-Slips, Correspondence and Letters of Credit Files for the required period not exceeding six (6) years. We also require letters of authority to deal with your bankers when we identify recoverable amounts as well as a letter of authority to refer unresolved issues to the Bankers Committee on Ethics and Professionalism. It is important to emphasize that our discoveries are not because of the incompetence on the part of your financial units or accounting staff. Even in situations where audits have been done, we have still made substantial revoveries.

CLIENTS


1. Harvest & Agro Limited

2. Crownpack 

3. Sonhart Limited 

4. Hart industries 

5. Drury Limited 

6. Linto Industries

7. Tokslordmart Limited 

8. Esscom Oil & Gas

9. Fundvine Limited 

10. Tilone Subsea 

11. Bel Impex 

12. DPR Cooperative 

13. Pedini Group 

14. Purplewood 

15. Glossand Limited 

16. Innocent International Limited 

17. UEL Global Resources Limited 

18.Martglobal 

19. Chelsea Group 

20. Financial Trust Limited 

21. CHEMIRON 

OUR CAPABILITY

We have the wherewithal to bring these charges to the open and institute necessary recovery actions using the appropriate mechanisms to make your banker credit your account accordingly and with relevant value dates to ensure that you suffer no loss whatsoever. This shall be done with the standard rate guide prescribed by the Central Bank of Nigeria and taking due cognizance of duly executed offer letters when necessary.

RELATIONSHIP PRESERVATION AND INTEGRITY

We maintain the highest level of confidentiality and integrity in the course of our work, both for our clients and for the banks involved. This makes us unable to provide detailed evidence of results achieved to date . Our guiding principle is that during and after our work, the relationship with your bankers will not be marred but rather strengthened. However, to protect confidentiality a Non Disclosure Agreement (NDA) would be signed between your company and Penex Legal once terms are agreed. 

BENEFITS DERIVABLE


1. Improvement in the bottom-line by recouping money hitherto lost. 

2. Such recovery can once more breathe life into the finances of your company 

3. Your company would be able to deploy funds recovered into other areas of pressing need 

4. Your bank will manage your account more professionally and with more respect going forward 

5. You can now earn appropriate interest income on your credit balances 

6. We will put you through on how best to negotiate for financial services that will provide Lowest cost in banking transactions.

Contact Us Via Whatsapp

  • Elsie Femi Pearse Street, Victoria Island, Lagos, Nigeria