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, BusinessLive 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.