Contrary to Stanbic IBTC Pension Managers Ltd’s protestation and denial that it did not give out Christmas gifts to its customers in December 2022, to retain their loyalty in violation of the National Pension Commission’s order, evidence obtained by Business Hallmark confirmed that the company actually did.
The PFA had in a rebuttal to BH’s story of Monday, January 23, 2023, captioned: ‘Stanbic IBTC, FCMB, other PFAs defy PENCOM’s directive on gifts’, described the report as “unfounded, incorrect, and defamatory,” adding that it is “a fabrication of reckless journalism”.
