First bank reacts, as Nigerian govt sues lender for alleged forgery

First Bank has denied allegation of forgery filed against the company by the Federal Government after one of its managers allegedly colluded to dispose a school proprietor of his property.

The government filed the lawsuit against First Bank and four other defendants, informing the court that the proprietor of Whiteplain British School, Francis Chukwumah Nwufor, was disposed of his property with a forged tripartite legal mortgage.

In the case no: CR/266/2023, without Nwufor’s consent, the tripartite legal mortgage was allegedly initiated by the branch manager of First Bank in Utako, Abuja.