SunTrust Bank Nigeria Limited has denied online reports
claiming that its managing director and executive director have been remanded
in custody.
On Friday, the Economic and Financial Crimes Commission
(EFCC) arraigned Halima Buba, the managing director (MD) and chief executive
officer (CEO) of SunTrust Bank Ltd, over money laundering allegations.
Buba was arraigned before Emeka Nwite, a judge of a federal
high court in Abuja, alongside Innocent Mbagwu, the bank’s executive director
(ED) and chief compliance officer.
In a statement on Saturday, Chinonso Atuegwu, the company’s
head of corporate communications, said the court granted bail to the two
executives.
He said the duo have met all bail conditions.
“We wish to clarify that while our Managing Director and
Executive Director were before the court earlier today, the court has granted
them bail, and they have since perfected all bail conditions,” the statement
reads.
“They are not in custody, contrary to the inaccurate reports
being widely circulated.”
Atuegwu said both executives have continued to cooperate
fully with authorities, and the bank remains committed to supporting the legal
process.
“We would like to reassure our esteemed customers, partners,
and stakeholders that the operations of SunTrust Bank remain uninterrupted and
that the Bank is committed to delivering excellent service across all
touchpoints,” he added.
The spokesperson said the bank would not make further public
comments as the matter is now before the court.
He expressed appreciation to the public for their continued
trust and understanding.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com