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Spurious Social Media Post: We Didn’t Give Money to any Politician – GTBank

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Guaranty Trust Bank Limited, a sister company to Guarantee Trust Company, GTCO Plc has denied the allegation that it gave N500 million to Bola Tinubu, presidential candidate of the All Progressives Congress, APC, to help him contest the February 25 election.

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There were suggestions that the commercial bank acted on the order of President Muhammadu Buhari go give the ruling party candidate N500 million cash on the eve of the election.

But the bank said in a statement that the report should be disregarded because it’s false.
The Miriam Olusanya-led bank particularly urged it’s customers to ignore a Twitter user, @ifygold21 who made the the allegation on his twiter handle that the bank released the money to Tinubu during the naira scarcity.

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Such comments, the bank said are capable of inciting Nigerians against the commercial bank, adding that the bank had during investigation discovered that the post was posted on the microblogging site by a faceless person.

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.”
“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.

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“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.”


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