People's Bank has issued a statement seeking to address and clarify a recent allegation insinuating that an improper transaction is taking place pertaining to an IT system upgrade at People's Bank.
These allegations are entirely unfounded, and the bank categorically denies any involvement in any improper activity, it said on Thursday.
People's Bank emphasised the following facts.
“People's Bank remains committed to upholding the highest standards of integrity, transparency, and governance in all of its operations,” the bank said.
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