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The management of Guaranty Trust Bank, GTBank, has reacted to a false report thats being circulated across the media claiming the Supreme court ordered the bank to make a payment of N12bn to Innoson Motors Boss.

The bank maintained that there is no iota of truth in the news and has therefore urged the general public and its customers to ignore such any of such malicious claims.

Attached below is the official statement from the bank:

The attention of Guaranty Trust Bank Plc (“the Bank”) has been drawn to false, mischievous and malicious statementscirculating in the news and social media in respect of a purported directive by the Supreme Court of Nigeria to the Bank to make payments to one of its debtor Customers.

The Bank’s Customers and the General Public are hereby kindly urged to disregard these false statements as nothing could be further from the truth. There was no directive or Order issued by the Supreme Court of Nigeria to the Bank to make any payment to any of its debtor Customers.

The Bank as a highly responsible corporate citizen will in accordance with its culture and tradition refrain from making comments about on-going litigation matters and will continue to focus on using legal means to recover its bad debts. It must be emphasised that the Bank remains undeterred in its recovery drive against recalcitrant debtors.

We again reiterate that there is no iota of truth in the falsehood being peddled by desperate and mischievous elements and the General Public should disregard same in its entirety.

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,

For:GUARANTY TRUST BANK PLC

ERHI OBEBEDUO

Company Secretary

BIG STORY

TRENDING: Another Video Of Gov. Ganduje Receiving Part Of The Alleged $5M Bribe Released

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Another video captured with a spy camera shows Kano State Governor, Abdullahi Ganduje, receiving part of $5m bribe from a contractor.

This is the second of the 15-series trove of video clips obtained by DAILY NIGERIAN.

Daily Nigerian had initially said they have about 15 videos with voice clips and others not including voice recording, the 1st wave was released yesterday & today, 15th of October, the online media platform had done justice to their promise by releasing another video clip of just 15 seconds but shows a lot of activities.

Watch the clip below:

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BIG STORY

2019: Buhari’s Minister, Shittu Drags APC To Court

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The Minister of Communication, Adebayo Shittu, has dragged his political party, the All Progressives Congress, APC to court.

The Minister took the legal action after the party disqualified him as a governorship aspirant in Oyo State.

The ruling party stopped the Minister from continuing his gubernatorial race through screening after he failed to present a National Youth Service Corps, NYSC, discharge certificate.

The News Agency of Nigeria, NAN, reports that Shittu in the originating summons argued that it was wrong for APC to disqualify him for not presenting the certificate.

The Oyo-born politician also said that participation in the NYSC scheme was not a condition precedent to be satisfied before he was appointed a minister.

He, therefore asked the court to determine “whether by the provision of Section 2(1) of the National Youth Service Corps Decree No. 24 of 1973 and/or any other provision of the Decree being the law in force as at 1978 when the Plaintiff graduated at the University of Ile-Ife (now Obafemi Awolowo University, Ile-Ife) he was under any legal obligation to have warranted the plaintiff’s participation in the National Youth Service Corps in the absence of a call-up instrument duly served on the Plaintiff by the National Youth Service Corps.

“Whether, by the combined reading of sections 176-183 of the constitution of the federal republic of Nigeria [as Amended] and Article 20(iii) & (iv) of the Constitution of the All Progressive Congress; it is a condition that the gubernatorial aspirant of the 1st Defendant (APC) and/or any political party for that matter in Nigeria must present the National Youth Service Corps Discharge/Exemption Certificate;

”Whether it is ultra vires the powers of the 1st defendant to have disqualified the plaintiff from participating in its primary election for the nomination of the governorship candidate of the 1st defendant in Oyo State for the 2019 General Election on the ground that the plaintiff does not possess National Youth Service Corps Discharge/Exemption Certificate;

”Whether it does not amount to denial of fair hearing as enshrined in section 36(1) of the 1999 constitution of as amended for the 1st defendant to have purportedly disqualified the plaintiff from contesting for governorship election in Oys state under the platform of the 1st defendant without availing the Plaintiff an opportunity to be heard on the allegations that the plaintiff avoided the National Youth Service Scheme; and

”Whether by the combined reading of the provisions of Sections 147(5), 65(1)(b) & (2), 66 (1) of the 1999 Constitution (as amended) and Section 12 of the National Youth Service Corps Act, Cap N84 laws of the Federation of Nigeria 2004, the plaintiff was qualified to have been appointed as a Minister capable of holding the office, and/or any other governmental office at any level notwithstanding the fact that he did not participate in the National Youth Service Corps scheme.”

In an affidavit, the Minister personally swore to and filed by A.U. Mustapha, his counsel, Shittu said there was no “call-up instrument” served on him when he graduated.

“I was liable but not obligated to have participated in the National Youth Service Corps Scheme both at the time I graduated from the said University and as at the time I was called to the Nigerian bar,” the affidavit read.

“I know as a fact that I was also not served any notice or notified in any manner to proceed to participate in the National Youth Service Corps scheme.

“I know as a fact that participation in the National Youth Service Corps programme is not one of the requirements to be satisfied under the 1st defendant’s constitution to enable me to participate in the primary election for Nominating the party flag bearer for the office of governor of Oyo state in the 2019 general election. A copy of the Constitution of the 1st Defendant is hereby attached and marked as ‘Exhibit SHITTU 8’.

“I also know as a fact that under the Constitution of the Federal Republic of Nigeria, 1999 (as amended) it is not a requirement for me to have participated in National Youth Service Corps Scheme to be eligible for participation in the 1st Defendant’s primary election for Nomination of its flag bearer in Oyo State for the 2019 General election.

“I know also as a fact that the Electoral Act 2010 [as amended] did not make participation in the National Youth Service Corps Scheme a condition precedent for contesting any elective office whatsoever. I know also that participation in NYSC Scheme is not one of the requirements to enable me to take part in the primary election for nomination of the 1st defendant’s flag bearer for the office of governor of Oyo state in the 2019 General election.”

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BIG STORY

Zenith Bank Hosts Its First Global Economic Forum [VIDEO]

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Watch the video excerpt from Channels TV below:

 

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