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LAGOS, NIGERIA – GTCO Plc’s management has firmly rejected the recent allegations of misconduct regarding its operations and executive team.
In a press release distributed to the media, the Bank asserted that there is no truth to the negative reports circulating about its activities.
GTCO is urging customers, shareholders, and stakeholders to dismiss the unfounded claims being disseminated through various media channels.
In light of the ongoing dissemination of false reports concerning GTCO’s business practices and management, the organization has felt compelled to clarify the situation and counter attempts by certain groups to distort the GTCO brand’s reputation.
The misleading articles, allegedly funded through media outlets, are centered on baseless accusations directed at the Group’s business operations and its Executive Management.
As a responsible corporate entity and a leading institution, GTCO Plc has taken prompt and decisive legal steps against the sources of these false reports.
The company said it’s committed to utilizing all available legal measures to protect its reputation.
The Bank urged all customers, shareholders, and stakeholders to disregard the allegations circulating through various media platforms.
“All members of the Executive Management team continue to fulfill their roles without any financial or regulatory scrutiny, contrary to the claims made in the reports”, the release stated.
GTCO expresses gratitude for the ongoing support from its stakeholders during this challenging time.
