SUPREME COURT DID NOT ORDER US TO MAKE PAYMENTS TO DEBTOR CUSTOMERS – GTBANK

ABUJA, Nigeria – Guarantee Trust Bank has said that the Supreme Court of Nigeria did not order it to make payments to any of its debtor custormers, contrary to reports in the social media.

In a statement titled, “False reporting of court proceedings concerning Gtbank”, signed by Erhi Obebeduo, Gtbank’s Corporate Secretary, the bank said the information circulating online regarding the court ordering the bank to make payment is false. He urged the Bank’s Customers and the General Public to disregard “these false statements”.

“There was no directive or Order issued by the Supreme Court of Nigeria to the Bank to make any payment to any of its debtor Customers.The Bank as a highly responsible corporate citizen will in accordance with its culture and tradition refrain from making comments about on-going litigation matters and will continue to focus on using legal means to recover its bad debts.

“It must be emphasised that the Bank remains undeterred in its recovery drive against recalcitrant debtors”, he said.

He reiterated that there is no iota of truth in the falsehood being peddled by desperate and mischievous elements and that the General Public should disregard same in its entirety.

See full statement below

FALSE REPORTING OF COURT PROCEEDINGS CONCERNING GTBANK

                                       
The attention of Guaranty Trust Bank Plc (“the Bank”) has been drawn to false, mischievous and malicious statements circulating in the news and social media in respect of a purported directive by the Supreme Court of Nigeria to the Bank to make payments to one of its debtor Customers.

The Bank’s Customers and the General Public are hereby kindly urged to disregard these false statements as nothing could be further from the truth. There was no directive or Order issued by the Supreme Court of Nigeria to the Bank to make any payment to any of its debtor Customers.

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The Bank as a highly responsible corporate citizen will in accordance with its culture and tradition refrain from making comments about on-going litigation matters and will continue to focus on using legal means to recover its bad debts. It must be emphasised that the Bank remains undeterred in its recovery drive against recalcitrant debtors.

We again reiterate that there is no iota of truth in the falsehood being peddled by desperate and mischievous elements and the General Public should disregard same in its entirety.

The Bank remains committed to providing best-in-class customer experience to all its valued Customers.We thank you for your continued support and patronage.

 

Yours faithfully,
 

For: GUARANTY TRUST BANK PLC

ERHI OBEBEDUO

Company Secretary