Senator Orji Uzor Kalu has denied the rumour spreading like wild harmattan fire that he sold the entire issue shared capital of his banking group, First International Banking (FIB) Group Limited.

Reacting through Mr. Obinna Kalu, Legal Adviser, FIB Group Limited, Kalu said;

“The report that a former governor of Abia, Orji Kalu has sold the issued shares capital of his banking group- First International Bank (FIB) Group Limited, The Gambia is misleading.”

“To set the records straight, Slok Nigeria Limited has not sold any of its issued shares capital in FIB Group Limited, The Gambia to any person or organisation.”

“Be it known that Slok Nigeria Limited remains the legal and genuine owners of FIB Group Limited and its subsidiary banks.”

“Recently, an illegal attempt by one Lilium Grays Limited to take over the subsidiary banks of FIB Group Limited was dismissed by the Supreme Court of The Gambia via a judgment delivered on July 30, 2019.”

“The judgment thus reaffirmed that Slok Nigeria Limited is the legal and genuine wholly owner of FIB Group Limited and its FiBank subsidiaries in Guinea, Gambia and Sierra Leone.”