3/02/2017

EFCC, Court Order Heritage Bank To Freeze Geonel Integrated Services' Accounts

In response to the call by a company that Heritage Bank shouhe statement issued by the bank tonight. Contrary to the report, Geonel Integrated Services Limited’s account is actually currently being investigated for financial crimes by the Economic and Financial Crime Commission (EFCC) and the latter actually ordered Heritage Bank to freeze the company's account. The financial institution describes the earlier report as malicious and untrue Read the brief press statement below...



EFCC, COURT ORDER HERITAGE BANK TO FREEZE GEONEL INTEGRATED SERVICES' ACCOUNTS

Our attention has been drawn to a malicious and untrue report trending online, titled, “Heritage Bank Should be Shut Down- Company Tells Court, CBN” and about the bank’s financial and liquidity condition that questioned the ability of the bank to honour its obligatory engagements with a customer, Geonel Integrated Services Limited.

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).

However, the bank was 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

http://www.newseveryhour.com/2017/03/efcc-court-order-heritage-bank-to.html

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