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Innocent Chukuma Arrest, GTBank States Position
  • Post by Admin on sunday, March 05, 2015

Following the arrest of Innocent Chukuma, the owner of Innoson Vehicles Manufacturing Group, by the Economic and Financial Crimes Commission (EFCC), the management of Guaranty Trust Bank Plc has stated their position. Although in a press statement sent to the Nigerian Stock Exchange (NSE) on Thursday December 21, 2017, the bank did not mention either the name of their customer or its firm.

However there is news going around that most customers that are sympathetic to Innocent Chukuma has started moving their accounts from Guaranty Trust Bank to other banks. Even though the senate has called for investigation of the matter while Innoson boss refuse to accept the bail granted to him.

Guaranty Trust Bank Plc Statement On December 21, 2017


Lagos Nigeria - December 20, 2017:

The attention of Guaranty Trust Bank Plc ("the Bank") has been drawn to publications in the news and social media which purports to accuse the Bank of being behind the arrest of one of its customers.

The Bank as a law abiding corporate citizen reserves the right at all times to report any untoward/ criminal activity to the appropriate Law Enforcement Agencies for investigation subsequent to which the said Law Enforcement Agencies are constitutionally empowered to take necessary and appropriate action.

The Bank does not comment on matters that are under investigation by the Law Enforcement Agencies or in Court as that may be interpreted as overreaching either the Law Enforcement Agencies or the Courts. The Bank therefore advises the general public to disregard rumours, innuendoes and false statements that are being spread by mischievous elements both in the news and social media.

The Bank would however not be deterred from pursing appropriate actions either in respect of its delinquent loans or reporting any untoward/criminal activity for investigation by the appropriate authorities. The Bank as a custodian of depositors' funds views its duties to depositors with high sense of responsibility and would jealously protect such funds and take appropriate steps to recover debts from any recalcitrant debtor.

The Bank remains committed to providing best-in-class customer experience to all its valued customers.

We thank you for your continued support and patronage.

Yours faithfully,


ERHI OBEBEDUO Company Secretary

Photo Caption: Segun Agbaje Managing Director of Guaranty Trust Bank Plc

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