Again, Wema Bank Plc Clears Air on False and Misleading Publication by NDIC on Legacy Transactions Involving Defunct Gulf Bank Plc….details

Wema Bank Plc has decuded to set the record straight on the recent false and misleading publication by NDIC on legacy transactions involving defunct Gulf Bank Plc

Wema Bank Plc has noted with concern recent media publications containing false, misleading, and wholly unsubstantiated allegations regarding the sale of certain Banana Island properties purportedly linked to the defunct Gulf Bank Plc.

Hear them, “We unequivocally reject these claims, which are inaccurate, malicious, and clearly intended to distort the true position. For the benefit of our stakeholders—shareholders, customers, regulators, and the general public—we set out below the factual background to the transaction.”

…..stsy tuned for more!