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We Are Not Involved in Any Illegality –FBN

LEADERSHIP News by LEADERSHIP News
4 years ago
in Business
FirstBank 1
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First Bank of Nigeria has assured its customers, stakeholders and the public that it operates by the highest standards of ethical conduct and will not involve itself in any act of illegality.

This is following reports that the bank had been charged to court for forgery. The bank in a statement issued yesterday said it’s “attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the bank.”

Noting that it will not be commenting on the case as the matter is sub-judice is the bank said “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.

“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.

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