The management of Nigeria’s leading financial institution, First Bank has said it will take legal steps to address spurious Allegations levelled against the bank
Globalreport authoritatively gathered in memo received that : ” Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank.
“While we will not be able to offer further comments as the
matter is sub-judice, suffice it to say that the basis of the charge is a
spurious allegation made by a delinquent debtor with the intention of
embarrassing the Bank and tainting the Bank’s loan recovery efforts and
legal enforcement of its security collateral interest in accordance with
the terms thereof.”
The statement further reads; ” We wish to assure our numerous customers, stakeholders and the general public that FirstBank operates by the highest standards of ethical conduct and will under no circumstances involve itself in any act of illegality just as it will take necessary legal steps to check any attempt by recalcitrant debtors to fritter away depositors’ funds under its custody.
” Furthermore, FirstBank remains focused on its mission of providing the best financial services to its numerous customers” the statement concluded.
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