Don Seeks Refund as ₦9.98m ‘Disappears’ From GTBank Account
…As Transactions reportedly executed within two minutes through Paga platform
A professor based in Oyo State has demanded the immediate refund of ₦9.98 million allegedly withdrawn from his account with Guaranty Trust Bank under circumstances he described as suspicious and unauthorised.
The lecturer, who teaches at Kola Daisi University, raised the complaint through his solicitors in a petition addressed to the management of the bank, insisting that the transactions were carried out without his consent.
According to the petition dated February 21, 2026, the withdrawals occurred through two separate transfers executed within a space of two minutes.
Transaction details showed that the first transfer of ₦4,990,000 was made at about 10:19 a.m. to an account belonging to one Isah Ahmed Ahmed through the payment service platform Paga.
Another ₦4,990,000 was reportedly transferred at about 10:21 a.m. to a different beneficiary identified as Nasir Nasir Sanusi, who is also linked to an account on the same financial platform.
The professor, however, denied authorising the transactions, maintaining that he neither initiated the transfers nor shared any confidential banking information with anyone.
His legal representatives stated that their client had not at any time disclosed his Personal Identification Number (PIN), token details, or any other security credentials associated with his account.
They argued that the bank has a responsibility to ensure the safety of customers’ deposits and prevent unauthorized access within its banking infrastructure.
In the petition, the professor demanded the immediate reversal of the ₦9.98 million allegedly withdrawn from his account.
The lawyers also warned that failure by the bank to refund the money within seven days would leave their client with no option but to pursue legal redress against the financial institution.
They further urged the bank to urgently investigate the matter and ensure the prompt restoration of the funds.
