Guaranty Trust Holding Company Plc (GTCO) on Friday officially refuted the ongoing false reports surrounding its business activities, financial results, and executive management.
In a press statement made available to newsmen in Lagos, GTCO expressed concerns over the incessant release of fabricated articles aimed at tarnishing the company’s reputation.
Debunking the purported reports, the bank said the allegations are being sponsored by certain groups through various media outlets.
It, however, emphasized that the false claims are baseless and target both the group’s operations and its executive management.
According to the statement, the company has taken swift legal action against those disseminating these fabricated reports, vowing to utilize all legal avenues to protect its image.
“As a responsible corporate entity, GTCO reaffirmed that its management continues to operate effectively without facing any financial or regulatory scrutiny, contrary to the false narratives being peddled.
The company urged its customers, shareholders, and stakeholders to disregard the false news circulating on media platforms, assuring its customers and business partners of continued transparency in its operations.
GTCO also appreciated its supporters and stakeholders for their continued trust amidst the baseless claims, reaffirming its commitment to upholding its first-class institutional standards.
