The Managing Director of Guaranty Trust Bank, Segun Agbaje is in trouble over a ‘Multi-million fraud’ involving his bank.
It was reliably gathered that the Police Special Fraud Unit (PSFU), is investigating GTBank and Agbaje, over alleged $667,000 fraudulent transactions involving the bank.
It was further gathered that the police brought 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.
GTBank 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.