Heritage Bank has reacted to a report it described as “malicious and untrue”, which is presently trending on the internet.
It was alleged in the report titled, “Heritage Bank Should be Shut Down- Company Tells Court, CBN” that the bank has financial and liquidity issues, claiming this is why it has not been able to honour its obligatory engagements with a customer, Geonel Integrated Services Limited.
Reacting to this in a statement issued in Lagos, Heritage Bank categorically stated 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).”
Heritage Bank said due to this development, it was “advised formally to freeze the account by the federal agency through court injunction pending when the investigation will be concluded.”
It said in the statement that the investigation is still ongoing and that it 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,” the statement said.
