Details: GTCO Refutes Misleading News Reports About Its Business Activities, Results and 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
In light of the ongoing dissemination of misleading news reports concerning the business activities, results, and management of GTCO, the leading financial firm has refuted, clarified the situation and counter the attempts by certain factions to misrepresent it’s brand and leadership.
The management, in a statement made available to newsheadline247, pointed out that these erroneous news articles, which appear to be funded through some media channels, focused on unfounded allegations regarding the Group’s operational practices and its Executive Management team.
It also explained that, GTCO, as a responsible corporate entity and a premier financial institution, is committed to protecting its reputation, stating that the company has already initiated prompt and vigorous legal action against the sources of these false reports and will continue to leverage all legal avenues necessary to defend itself against such attacks.
GTCO further urged all its customers, shareholders and stakeholders to “disregard all the allegations being peddled through various media platforms and handles,” adding that the apex financial institution and its executive management will “continue to operate in their full capacities as appointed and are not under any financial or regulatory scrutiny as alleged.”
Read GTCO’s full statement below;
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 Plc 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.
