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Banking | Finance

GTCO: Court Strikes Out Defamation Case Against Four Journalists

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The Federal High Court in Ikoyi, Lagos has struck out the cyberstalking and defamation case filed by Guaranty Trust Holding Company (GTCO) against four journalists. 

The case, marked FHC/L/774C/2024, was dismissed by Justice Ayokunle Faji after the prosecution, led by Chief Ajibola Aribisala informed the court that GTCO and the defendants had reached an amicable settlement.

The prosecution confirmed that the allegations against the journalists had been withdrawn, with supporting documents submitted to the court.

The four journalists – Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami were arrested in September 2024 by the Police Special Fraud Unit (PSFU), Lagos, following a petition by GTCO.

 

Details shortly…

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