GTBank: Supreme Court judgment on Innoson debt false
News & Trends •
guaranty trust bank has debunked the story making the round that the supreme court had asked it to pay innoson nigeria n14 billion1 the bank in a statement today described the story as mischievous and malicious1 here is gtbs statement1 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 customers1 the banks 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 customers1 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 debtors1 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 entirety1 the bank remains committed to providing best-in-class customer experience to all its valued customers1 the bank however did not indicate what the supreme court said on the case1