“The bank 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’’
Contrary to some media reports, the First Bank of Nigeria Ltd has described as untrue and spurious allegation of forgery against its Managing Director, Dr Adesola Adeduntan and other officials of the bank.
Persecondnews recalls that some online newspapers had reported that the federal government had filed charges against the First Bank boss, the Utako Branch Manager in Abuja and two lawyers, Mr Muftau Ande and Mr Dibiaezue Chuks before a Federal High Court in Abuja.
They were alleged of forging a tripartite legal mortgage without the consent of the proprietor of Whiteplain British School, Mr Francis Chukwumah Nwufor, with intent to commit fraud.
Reacting to the allegation, the bank said in a statement given to Persecondnews on Thursday, that 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 bank 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 said.
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