Contrary
to insinuations making the rounds over allegations of excess charges in the sum
of N200 million by one Hotel Excel Limited by the Bank, Sterling Bank Plc has
refuted the claim stating that the Hotel is merely using a section of the media
to pressurize the Bank to drop charges of loan default against it.
Although
the Warri based Hotel Excel Limited is a customer of the Bank, the Bank noted
that the hotel obtained a loan but defaulted in repayment. Following the
floating of AMCON to take care of bad debts from failed debtors of banks, the
Bank sold part of the debt to AMCON.
According
to a statement signed by the bank’s Group
Head, Strategy & Communications, Shina Atilola AMCON bought a total value of
N1,130, 554,652.64 out of the debt leaving an outstanding balance of
N782,381, 474 .16. However, the customer in its continued attempt to
renege on its loan obligations filled a suit against AMCON and the Bank
consequent upon which the Bank filed a counter claim for the outstanding loan
of N782,381,474.16
Instead
of allowing the judicial process to run its course on the matter, Hotel Excel
Limited resorted to blackmail within the social media circle apparently in a
bid to cow and intimidate the Bank.
The
bank stated that ‘despite the adoption of guerrilla warfare by Hotel Excel
Limited,’ it will continue to pursue the case to a logical conclusion, adding
that it is not disturbed by the action of the hotel thus far.
The
Bank dismissed claims by Hotel Excel that it failed to send a
periodic statement of its account to the hotel as contracted, adding that at no
time was any statement containing bloated charges and fraudulent entries sent
to the Hotel.
The
Bank said: “Sterling Bank is not disturbed or distracted by reports making
rounds that we impose excess charges on our customers. We have over a million
customers and they cannot all be wrong about their choice of banking with
Sterling Bank.
.jpeg)
0 comments:
Post a Comment