Police probes GTBank, MD, staff for alleged $667,000 fraud

Segun Agbaje, CEO, Guaranty Trust Bank Plc (GTBank)

The Police Special Fraud Unit (PSFU), is currently investigating Guaranty Trust Bank Plc (GTBank) and its managing director, Mr. Segun Agbaje, over alleged $667,000 fraudulent transactions involving the bank.

Consequently, Daily Record gathered that the police has dragged the lender and two others before a federal high court in Lagos, in a suit marked FHC/L/CS/586/2020.

Others joined with GTBank in the suit presided over by Justice Ayokunle Faji, are: Albert Austine Ugochukwu and a limited liability company, Tasmara Integrated Services Limited.

The bank and others were brought before the court pursuant to section 6(6)(b), (2)(k) of the constitution of the Federal Republic of Nigeria 1999 (as amended); Executive Order 6, 2018, Section 4 of Police Act, 2004, section 13(1) Federal High Court Act, 2004. And also, Section 13 (1) of money laundering and prohibition Act 2011(as amended in 2012), Order 26(6-10), 28(1)(1-3),(2)(1-6) 30(A) of the Federal High Court (Civil Procedure Rule) 2019: Section 16(1)(A)(B) of the Advance Fee Fraud and Other fraud related offences Act, 2006 and under the inherent jurisdiction of the court.

In moving the motion exparte affidavit in support and written address, PSFU’s Head Legal, Mr. Emmanuel Jackson, a chief superintendent of police (CSP) leading J. I. Enang, asked the court for an order restraining GTBank from posting any debit or allowing the bank to make any drawings or permitting any drawing on 35 accounts which were used to perpetrate the alleged fraud by some customers, pending conclusion of investigation on the accounts by the police.

The police, Daily Record gathered also asked the court to direct GTBank to order the account officers of the said 35 accounts being investigated to come for interviews with the commissioner of police in-charge of PSFU and to also furnish the unit with the certified true copy (CTC) of some documents on the said 35 accounts.

These documents include: statements of account from January 1, 2018 till date; names and addresses of signatories to the accounts; photocopies on the mandate cards; Bank Verification Number linked to the accounts and certificate of computer printout in compliance with Section 84 of the Evidence Act.

CSP Jackson said the documents sought for is necessary, as it will allow the police to carry on with investigation of certain monies totaling $667,000, fraudulently obtained by false pretence by the bank’s customers.

http://www.dailyrecordng.com/police-probes-gtbank-md-staff-for-alleged-667000-fraud/