JUST IN: Sterling Bank Subtly Debunks ICPC Claim, Hints that Hidden Cash is Fake

Sterling Bank, a commercial bank in Nigeria, has subtly debunked ICPC claim that over N258 million were found hidden in their vault.

The commercial bank took to its social media handle to refute the allegations adding that it was fabricated.

While quoting Paul Weaver, Sterling bank said newsmakers, in their attempt to dramatize news, may produce fake news. While politicians, in their attempt to show that they are solving issues, may also fabricate non-existent incidents.

The news media and the government are entwined in a vicious circle of mutual manipulation, mythmaking, and self-interest. Journalists need crises to dramatize news, and government officials need to appear to be responding to crises,” Sterling Bank wrote in its handle.

Too often, the crises are joint fabrications. The two institutions have become so ensnared in a symbiotic web of lies that the news media are unable to tell the public what is true, and the government is unable to govern effectively,” it added.

Reactions to Sterling Bank’s Response

Michael Olaolu reacts: “Journalists don’t fabricate information, they rely on what is available and verifiable to inform the public; on your own part, what information have you made available? I condemn violence and manipulation of any sort.”

Tezzy Alvin said: “Sometimes you gats speak with your full chest though. Don’t go through corners. Kudos to you guys.”

Emmanuel Drey reacts: “The ICPC just openly accused you of hoarding new note so be specific did you do it or not?”

Yemi Omoba wrote: “Since you’ve claimed that Govt & media are fabricating lies against you, then you should tell us what the truth is, videos of your branches hoarding the new notes are everywhere, so don’t add ‘CBN didn’t give us new notes’ to your list of truths bcos we won’t buy that.”

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