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First Bank Reacts To FG Forgery Allegations!

First Bank Nigeria

First Bank of Nigeria Limited has reacted to allegeation of forgery levelled against its Managing director, and three others by the the Federal Ministry of Justice on behalf of proprietor of Whiteplain British School, Mr Francis Chukwumah Nwufor.

The ministry on levelled forging a “tripartite legal mortgage without the consent of the Whiteplain British School’s proprietor at the bank, including its MD, two lawyers, Muftau Ande and Dibiaezue Chuks, as well as its Utako Abuja Branch Manager.

The matter that is before an Abuja High Court has in its charge sheet; allegation that the defendants disposed Nwufor’s  property using the alleged forged tripartite legal mortgage.

The plaintiffs’ account went viral on online platforms yesterday.

The bank refuted the allegation via a statement it released on Thursday.

In the statement, First Bank restrained itself from giving the details of the transaction that went sour on account of the case being before the court.

However, the subjudice did not stop it from sharing its view of Whiteplain British School’s proprietor, describing him as “a delinquent debtor” playing victim.

The full statement:
Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank.

While we will not be able to offer further comments as the matter is sub-judice, suffice it to say that the 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.

We wish to assure our numerous customers, stakeholders and the general public that FirstBank 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.

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