Stallion Nigeria: We don't owe GTBank N13bn — it’s fake news | TheCable
Reacting to reports of seizure of its assets in a statement signed by Samar Sapre, chief financial officer of Stallion Nigeria, the company insisted that “it is false” and that its assets are intacts“Our attention has been drawn to an article circulating around in the media alleging that Stallion is indebted to GTB to the tune of N13 billion. The publication is false and the works of mischief makers as no such debt exists,” the statement reads.
“As a law-abiding corporate entity with faith in the Nigerian judiciary, we refrain from commenting on a matter that is subjudice except to clarify that the publication is false, mischievous and a ploy to smear the unblemished reputation of Stallion. “We implore the general public to ignore the publication as there is no such court verdict existing anywhere as alleged in the publication. The matter is still pending in court.”
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