The Management, categorically refutes these claimsand hereby state clearly that Mrs Mary Akpobome remains a valued Executive Director of the Bank.

We strongly disclaim all allegations made on the news blog that Mrs Akpobome or any other member of our Board and Management have in any way engaged in any fraud whatsoever.

Financial institutions have credit policies governing its processes and management. These policies are designed and enforced to ensure efficiency and effectiveness in the entire credit chain.

Heritage Bank has never been controlled by any one individual or “powerful” individual(s) as deceitfully stated by Sahara Reporters. Heritage bank is a legal entity, and like any other public liability company, is managed by an efficient Management andBoard accountable to all its stakeholders.

We find the insistent and vehement attacks particularly by Sahara Reporters appalling, malicious, unprofessional and unethical.