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GTBank Denies Giving Tinubu N500m New Notes For Election

Boluwatife Oshadiya by Boluwatife Oshadiya
March 1, 2023
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GTBank Denies Giving Tinubu N500m New Notes For Election
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A claim that Guaranty Trust Bank provided APC presidential candidate Asiwaju Bola Tinubu fresh notes worth N500 million on the eve of the presidential and national assembly elections has been refuted by the bank’s management.

The bank advised its clients to completely ignore the unsupported allegation.

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According to a previous tweet from @ifygold21, the bank paid the money on February 24, 2022, at the President’s request (major general Muhammadu Muhammadu Buhari) (retd).

Nevertheless, the bank denied the story in a statement shared on its social media accounts on Tuesday, branding the post’s sponsors as ignorant and malevolent.

It added that the name of its managing director is Miriam Olusanya and not Segun Agbaje as posted by the sponsor of the post.

The statement read, “The attention of Guaranty Trust Bank Ltd (the “Bank”) has been drawn to a spurious post on Twitter by @ ifygold21 alleging that the Bank gave the new Naira notes in the total sum of ₦500 million to one of the leading presidential candidates in the ongoing General Elections on the eve of the elections and at the order of a high-ranking Government official.

“The Bank wishes to refute this claim in its entirety and state categorically that it is completely false and is designed to bring the image of the Bank and its officers to disrepute. The fact that the post refers to Segun Agbaje as Managing Director of the Bank further exposes the sponsors of the content as uninformed and malicious. Accordingly, we would like to clarify that Miriam Olusanya is the Managing Director of the Bank and has been at the helm of affairs of the Bank in that capacity since her appointment in August 2021.”

The message was created using a faceless bot account, which is believed to be run by an unethical individual out to spread misinformation and incite well-intentioned Nigerians to their evil objectives, according to preliminary research by GTB.

The bank said that this attack was manifestly unjustified and presents a major threat to their ongoing operations, with immeasurable hazards to people’s lives and property.

“This post has been escalated to all concerned parties including Twitter, for the identification of the owner of this fake account and consequent legal action.

“Our Nigerian operations support a diverse customer base with varied business interests in communities across the country and remain available to everyone.

“Guaranty Trust Bank hereby restates its commitment to being a responsible, non-partisan corporate citizen with strict adherence to the highest standards of global best practice as well as sound corporate governance in all aspects of our business operations.”

 

 

Tags: GT BankSegun Agbaje

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