Guaranty Trust Bank ( GTBank) has filed a lawsuit against one of its employees, Komolafe Oluwayomi, 45, for allegedly hacking into the bank’s system and stealing N9,989,000 from its account for personal use.
BrandNewsDay reports that the defendant was ordered arrested by the Divisional Police Officer, DPO in charge of Bar Beach division, Victoria Island, Lagos following a complaint by the management of GTBank.
After an investigation by Inspector Patience Eguabor and team, Oluwayomi, a resident of Unity Close, Ojodu, Lagos from Ondo State was charged before the Tinubu Magistrate’s Court, Lagos Island on a two-count charge bordering on conspiracy and stealing.
Police counsel, Ben Ekundayo informed the court that the defendant committed the offence during working hours at the Guaranty Trust Bank Plc located at Oyin Jolayemi Street, Victoria Island, Lagos.
Ekundayo told the Court that the defendant betrayed the trust reposed in him by his employer as the officer in charge of payment of drivers’ retirement benefits by fraudulently including the name and account number of his friend in the retirement benefits payroll and used it to transfer the sum of N9,989,000 into his friend’s account as if his friend is a beneficiary of the retirement benefits and later transferred the money from his friend’s account to his account domiciled at GTB Bank and converted the money to his use.
He said the management of GTB uncovered the fraud when they audited the drivers’ retirement payroll accounts.
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has successfully concluded its 2026…
The Federal Government has unveiled FreeTV, a new free-to-air digital television platform designed to provide…
The FTC warned car dealer groups across America about hidden fees & misleading pricing. New…
Johannesburg, South Africa. 17 June 2026 – Ukiyo, a South African edutech and youth development…
Lagos, Nigeria — As part of its ongoing commitment to youth empowerment, financial inclusion, and…
Kenya layer farmers are experiencing lower-than-expected egg production, with industry experts attributing the decline largely to…
This website uses cookies.