June 19, 2019 / 06:25AM / By Editorial Board
/ Image Header Credit: Proshare Graphics
Proshare has restricted access to its report/news published on Sunday, June 16, 2019 titled “Heritage Bank: Of Moral Hazards And The Unravelling Of A Deposit Money Institution“.
The decision to restrict access to this post, without prejudice, and the public notification of same, is in part-fulfillment of our terms of service as stated in Requesting-The-Removal-Of-A-News-Story-From-Proshare
“Conditions Precedent and Triggering Removal Requests…..
…. or endanger a life or going concern of a company.”
Specifically, the management of Heritage Bank Limited represented that the going concern effect of the story on its operations and the potential of the post to adversely affect/influence the ongoing capital raising activities of the bank to address the issues raised in the publication justify such an intervention.
Without denying or admitting to the contents of the report, the Bank has exercised its rights as allowed under our publishing practice (governance) procedures and editorial policy/rules; to which we have now complied with by taking the first step of restricting access to the report (without prejudice).
All further enquiries on the matter should kindly be sent to the Managing Editor of Proshare at firstname.lastname@example.org Thank you.