Guaranty Trust Holding Company Plc (GTCO) has swiftly responded to the recent surge of false news reports targeting its business activities, financial results, and executive management, labeling the allegations as baseless and unfounded.
The banking giant expressed concerns over the continuous release of false news articles, which are part of a coordinated effort by certain groups to undermine the company’s reputation.
These reports, spread through various media platforms, focus on fabricated accusations against the group’s operations and leadership.
In a strongly worded rebuttal, GTCO reassured its customers, shareholders, and stakeholders that it remains committed to transparency and excellence.
The company emphasized that it has taken swift legal action against those responsible for disseminating the false information and will continue to employ the full force of the law to protect its brand and safeguard the integrity of its operations.
“Being a responsible corporate citizen and a first-class institution, GTCO Plc has taken swift and decisive legal actions against the various sources of these false reports,” the statement read.
“We will continue to use the full extent of the rule of law available to safeguard our reputation.”
GTCO also denied that its executive management is facing any form of financial or regulatory scrutiny, as falsely claimed in the reports.
The bank assured that its leadership team will continue to operate in their full capacities as originally appointed, without any restrictions or issues