Appeal Court Jails GTBank Staff For Using Customer's Details To Take Loan

Appeal Court Jails GTBank Staff For Using Customer's Details To Take Loan https://ift.tt/kQ6IOzT #Law #EFCC #Enugu #GTBank #VeryDarkMan ©May 8th, 2025 ®May 8, 2025 3:54 pm Three man panel of Justices at the Federal Court of Appeal in Enugu State have upheld the decision of the lower High Court that had earlier sentenced a staff of Guaranty Trust Bank, GTBank, Onyekachi Nwosu to seven years imprisonment in line with the enacted Nigeria law of Failed Banks or Recovery of Debts and Financial Malpractices Act which the Convict fraudulently used the property of one Mrs Adebimpe Foluke to apply and disburse ₦50 million loan into the savings account of GTBank customer and withdrew ₦40 million of the money from the beneficial savings account for his personal use, this is coming at a critical period many Nigerians are doubting the credibility and integrity of GTBank management after a popular Human Rights activist, Martins Vincent Otse aka VeryDarkMan was arrested last Friday at the exist gate of GTbank branch in Abuja by the Economic and Financial Crimes Commission, EFCC when the activist went with his mother to seek clarification over apparent unauthorized constant savings withdrawals as loan repayments from his mother savings asset with the bank, with the activist mother saying, she never took loan from the bank, and EFCC arresting and releasing VeryDarkMan after almost five days in detention without specifically stating the alleged offence or offences committed by the activist may have created room for some level of insinuations in certain quarters that sees GTBank management as people probably using the state security assets to commit act of criminal intimidation and oppression of  complainers to cover up the Bank suspected loan fraud and financial malpractices. #OsazuwaAkonedo