In a firm rebuttal to a wave of misleading reports circulating in the media, Guaranty Trust Holding Company plc (GTCO) has issued a statement clarifying the integrity of its business operations and the competence of its Executive Management team.
The company described the allegations as baseless and part of a concerted effort to tarnish its reputation.
GTCO, a leading financial institution in Nigeria, stated that it has been the target of persistent false news articles aimed at undermining its brand and leadership.
The allegations, which the company asserts are completely unfounded, have prompted GTCO to take immediate legal action against the sources of these reports.
“We believe it is imperative to set the record straight and to dispel the false narratives being propagated about GTCO,” the statement read.
The company emphasized its commitment to transparency and accountability, highlighting that its management team continues to operate without any financial or regulatory scrutiny.
In light of the situation, GTCO urged its customers, shareholders, and stakeholders to disregard the misleading information circulating on various media platforms.
“We remain dedicated to maintaining the trust and confidence of all our stakeholders, and we will utilize the full extent of the law to protect our reputation,” the company affirmed.
As a responsible corporate citizen, GTCO reassured its stakeholders of its unwavering commitment to ethical business practices and excellence in service delivery.
The institution expressed gratitude for the continued support of its clients and partners during this challenging time.
The company remains focused on its core mission of delivering value and upholding its strong standing in the financial services sector, despite the distractions posed by these unfounded allegations.
For further updates, stakeholders are encouraged to visit GTCO’s official communication channels.
REBUTTAL OF FALSE NEWS REPORTS AGAINST GTCO’S BUSINESS ACTIVITIES, RESULTS AND ITS EXECUTIVE MANAGEMENT
Based on the incessant release of false news reports on GTCO’s business activities, Results and its Management Team, it has become necessary to set the records straight and dispel attempts by certain groups to create a false narrative about the GTCO Brand and its Management.
The false news articles which are being sponsored using the media, center around baseless allegations against the Group’s business activities and its Executive Management.
Being a responsible corporate citizen and a first class institution, GTCO PIc has taken swift and decisive legal actions against the various sources of these false reports, and will continue to use the full extent of the rule of law available to safeguard its reputation.
We urge all our Customers, Shareholders and Stakeholders to kindly disregard all the allegations being peddled through various media platforms and handles. All of our Executive Management team continue to operate in their full capacities as appointed, and are not under any financial or regulatory scrutiny as alleged.
Thank you for your continued support.
