GTCO rebuts false reports

GTCO has rebutted what it described as fake news about the company, its leaders and its activities. The denial is contained in a statement issued yesterday by the company.  
  
The statement read: “Based on the incessant releases of false news reports on GTCO’s business activities, results and its management team, it has become necessary to set the records straight and dispel attempts by certain groups to create a false narrative about the GTCO brand and its management.
  
“The false news articles, which are being sponsored using the media, centre around baseless allegations against the group’s business activities and its executive management.
  
“Being a responsible corporate citizen and a first-class institution, GTCO Plc has taken swift and decisive legal actions against the various sources of these false reports, and will continue to use the full extent of the rule of law available to safeguard its reputation.”

It urged its customers and stakeholders to kindly disregard all the allegations being peddled through various media platforms and handles, stressing that its management team would continue to operate in their full capacities as appointed and were not under any financial or regulatory scrutiny as alleged.