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FirstBank Reacts to Lister Oil Tank Farm forgery claim

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The attention of FirstBank has been drawn to the story in some media publications on the purported allegation of forgery against our officers by Ismail Arisekola-Alao in respect of the Deed of Guarantee of Lister Oil Limited. To set the record straight and for public Information, we categorically state that the allegation is untrue, spurious and deliberate attempt at the discoloration of facts.

It is pertinent to state that the Bank and the late Arisekola-Alao family are currently engaged in a protracted legal matter in respect to a recovery process over a debt owed the Bank, and the forgery claim in the media now seems the new trend being employed by the Bank’s debtors to scuttle recovery process.

FirstBank reiterates that the forgery allegation is untrue, spurious and calculated for mischief.

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