The management of Heritage Bank has refuted reports trending online, titled, “Heritage Bank Should be Shut Down- Company Tells Court, CBN” and also about the bank’s financial and liquidity condition questioning the ability of the bank to honour its obligations to Geonel Integrated Services Limited, one of customers.
A release by Blaise Undunze, media relations officer of Heritage Bank, states, “We want to categorically state that the allegation is not true as the Geonel Integrated Services Limited’s account is currently being investigated for financial crimes by the Economic and Financial Crime Commission, EFCC.”
He said the bank was, however, advised formally to freeze the account by the federal agency through court injunction pending when the investigation will be concluded. The investigation is still ongoing and the bank is under obligation to respect a valid order of court.
“We want to state categorically that Heritage Bank is not distressed as being malevolently reported, the bank is capable to honour its obligations to customers and numerous stakeholders alike,” stated the release.