...Fraudulently grants over N80m with fake collateral.

Adeola Odeku branch of Guaranty Trust Bank is now implicated in a financial crime of over N80m, being a loan facility granted to Mr Sunday Akintola, GMD CEO Perazim Investment limited, with another person's property. Sunday Akintola, CEO Covenant Perazim Investment, Sufi Enterprises and Sovereign Micro Finance bank. working with syndicates at Lagos State Secretariat, Alausa perfected the certified true copy of documents of Mrs Magret Olajumoke Kikelomo Taiwo, of her property located at Plot 33, Oyinbo Adjarho street, Lekki Phase 1.

Akintola approached the GTB bank at Adeola Odeku branch for loan with these documents and the loan totaling over N80m was granted on installmental basis with the help of staffers of the bank, without the knowledge of the rightful owner of the property.

IIN investigation revealed that another woman was presented as Mrs Magret Kikelomo Olajumoke Taiwo as the consent to the property, and the impostor forged and signed for Mrs Olajumoke Taiwo, in the presence of the two GTB staff, in the office of Sunday Akintunde at 45, Isolo road Mushin.

IIN met Sunday Akintola on Wednesday 18th April, in the premises of Ministry of Environment, opposite Golden Wallet petrol station, Custom area, Bodija Ibadan, he confirmed the truth of the fraudulent loans but stated further that he paid for the said document to enable him secured the loan from GTB. According to him, it was the GTB that approached him to look for property to secure loan for his business, which he got through the help of a man in Alausa, and that he paid N3m to get the document but he did not know that the property did not belong to the woman presented to him as the rightful owner,he acknowledged receiving the sum of N60m and N20m respectively from GTB, he also accused GTB of liable for the scam because the bank failed to detect the documents that it was not from the rightful owner when the legal department of GTB conducted the search on the said property, he said he fell to the hands of 419 over the documents.

On 18th of April also, IIN sent a mail to complains@gtb.com and the receipt of the mail was acknowledged, reference number ##316159## was assigned for future correspondence. On 23rd April 2012, another mail was sent as a reminder to the previous mail, 24th April 2012, Ogechi Kasie-Nwachukwu of Corporate Affairs, Communication & External Affairs of GTB sent in a mail that they will investigate the matter internally and revert to IIN.

A month after Ogechi's mail ,23rd May 2012, IIN did not hear any response from the bank regards to their in-house investigation to the scam, the Managing Editor of IIN, spoke to Ogechi from London office, to find out the outcome of their investigation, on 24th may 2012 another mail was sent furnishing GTB with facts that can help and facilitate their in-house investigation, in which it was promptly replied by Ogechi, and asked for another week to revert.

On 6th June 2012, IIN sent another mail to Ogechi of Corporate Affairs of GTB, asking for their in-house report on the alleged financial crime that the GTB was held liable by the beneficiary of the loan, up to the time of going to Press, the outcome of GTB in-house investigation is not available nor rather revert to the International Investigative News as of going to the Press, the rightful owner of the property Mrs Magret Kikelomo Olajumoke Taiwo is not yet back in the country, and she is not aware that her property had been mortgaged by unknown CEO with the help of GTB.

Below are the part of GTB mails:


From: Oge Kasie-Nwachukwu < oge.kasie-nwachukwu@gtbank.com>

To: investigativenews@yahoo.com

Sent: Tuesday, April 24, 2012 4:26 PM

Subject: RE: investigating over N60m loans granted with fake document.


Dear Tai,

Your e-mail on the above subject refers.

Thank you for your inquiry into an alleged fraud. We will investigate this internally and revert to you.

I will appreciate if you furnish me with your telephone number.

Thank you.


Ogechi Kasie-Nwachukwu

Corporate Affairs, Communication and External Affairs

Guaranty Trust Bank plc

Plot 635, Akin Adesola Street, Victoria Island, Lagos, Nigeria.

Tel: +234-1-4484135; +234-08190441974 | Fax: +234-1-2715227 | Web: www.gtbank.com

Wouldn't you rather bank with us


From: Oge Kasie-Nwachukwu < oge.kasie-nwachukwu@gtbank.com>

To: 'Investigative-news .net' < investigativenews@yahoo.com>

Cc: taiinews@yahoo.co.uk

Sent: Thursday, May 24, 2012 5:18 PM

Subject: RE: Re: investigating over N60m loans granted with fake document.


Dear Tai,

Thank you very much for your response.

I tried calling back yesterday but your phone kept entering voice mail – lycamobile response to be precise.

These information will be very helpful.

Kindly give me till next week to revert.

I really appreciate your response so far.

Best Regards.

Ogechi Kasie-Nwachukwu

Corporate Affairs, Communication and External Affairs

Guaranty Trust Bank plc

Plot 635, Akin Adesola Street, Victoria Island, Lagos, Nigeria.

Tel: +234-1-4484135; +234-08190441974 | Fax: +234-1-2715227 | Web: www.gtbank.com


IIN investigation on the matter continues.

http://www.internationalinvestigativenews.com/index.php?option=com_content&view=article&id=91:executive-fraud-guaranty-trust-bank-plc-covenant-perazim-investment-limited-partners-in-crime-&catid=1:latest-news&Itemid=106

how is this possible?