Struggling to up its game in the evolving financial sector in Nigeria, Heritage Bank Nigeria PLC is not having it rosy at the moment as they have been slammed with various allegations of boardroom crisis and fraud allegations recently.
In trying to maintain a clean record in the financial industry, the bank has come out to claim that the was never any form of diverted funds as they claimed that there have been some form of restructuring of the bank to ensure efficiency in it’s services.
Heritage Bank further admitted to the sacking of some its staff but noted that the affected staff were well compensated in line with the bank’s policy.
It has come to our attention that articles have been published by certain media platforms, making allegations of diversion of funds. No funds were diverted by any member of staff. pic.twitter.com/4mXRuOULHj
— Heritage Bank (@heritagebankplc) June 16, 2023
Heritage Bank Admits To Sacking Staff, Debunks Fund Diversion Allegation
In a press statement shared via Heritage Bank social media platform, the expressed, “It has come to our attention that articles have been published by certain media platforms, making allegations of diversion of funds. No funds were diverted by any member of staff.
“These allegations are wrong and defamatory. These articles have used unrelated facts and conjecture to create a fictitious narrative.
“Recently, Heritage Bank began implementation of its long-term sustainability plans premised on restructuring the bank, ensuring cost efficiency, management of its assets and resources towards restoring the financial institution.
“The reduction in the workforce, who were duly compensated in line with the bank’s policy, was necessary to improve our pace on the path of growth, in line with our turnaround targets, to be able to continue providing outstanding financial services to our customers.
“We remain focused and committed to collectively drive growth and deliver exceptional service to all. We will continue to work together to build a long-term sustainable future for our customers, employees and all our stakeholders,”
