We aren’t owing First Bank —Arisekola-Alao family

The family of late business mogul, Alhaji Abdulazeez Arisekola-Alao and the management of his Lister Oil Limited, have denied owing First Bank of Nigeria Plc.

The denial was in response to reported claims of their indebtedness to the bank.

The family, in a statement on Wednesday, said the bank “has never granted any banking facility to either Lister Oil Limited or the Estate of Alhaji Abdulazeez Arisekola-Alao.

Also, Lister Oil Limited and the Estate of Alhaji Abdulazeez Arisekola-Alao, did not execute any deed of guarantee in favour of First Bank of Nigeria as alleged by the bank.”

“Contrary to the denial issued by First Bank of Nigeria, the Nigeria Police Force, has recently established a prima facie case of forgery of the signature on the purported deed of guarantee, which emanated from the bank purportedly to guarantee a facility granted to Lister Flour Mills Limited, a company that is distinct from Lister Oil Limited.

Therefore, it is untrue that the allegations of forgery perpetrated against Lister Oil Limited by the bank and its officials are baseless,” the statement added.