A professor based in Oyo State has demanded the immediate refund of ₦9.98 million allegedly withdrawn from his account with Guaranty Trust Bank under circumstances he described as suspicious and unauthorised.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, lodged the complaint through his solicitors in a petition to the bank’s management, insisting that the transactions were carried out without his consent.
According to the petition dated February 21, 2026, the withdrawals were made through two separate transfers executed within two minutes. Transaction records reportedly show that ₦4,990,000 was transferred at about 10:19 a.m. to an account belonging to Isah Ahmed Ahmed via the Paga payment platform.
A second transfer of ₦4,990,000 was said to have been executed at about 10:21 a.m. to another beneficiary identified as Nasir Nasir Sanusi, also linked to an account on the same platform.
The professor denied authorising the transactions, maintaining that he neither initiated the transfers nor shared any confidential banking details with anyone.
His lawyers stated that their client had not disclosed his Personal Identification Number (PIN), token details, or any other security credentials tied to the account, stressing that banks have a duty to protect customers’ funds and prevent unauthorised access within their systems.
The petition demanded the immediate reversal of the ₦9.98 million, warning that failure by the bank to refund the money within seven days would compel the professor to pursue legal action.
The legal team also urged the bank to conduct a thorough investigation and ensure the prompt restoration of the allegedly withdrawn funds.
