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04.02.2023 Featured After FIJ’s Story, GTB Releases Canadian Student’s N3m

Published 4th Feb, 2023

By Tola Owoyele

The N3 million transferred from the Guaranty Trust Bank (GTB) account of Timothy Seun Durodola, an Abuja-based contractor, has reached its intended destination – his brother’s Zenith Bank account.

Durodola informed FIJ of the new development on Saturday morning.

“After FIJ published a story on the incident on Friday morning, my brother’s Zenith Bank account was eventually credited with the N3 million 7 pm on the same day,” said Durodola.

Screenshot of the Credit from GTB
Screenshot of the Credit

READ ALSO: Abuja Contractor Borrowed N3m to Pay Brother’s Tuition in Canada. GTB Withheld It

“This means the money eventually got to its recipient four days after it was sent. I thank you so much for all you do, FIJ. I am very grateful.”

On February 3, FIJ had reported how Durodola took a N3 million loan so he could help his brother who had just secured admission at a Canadian university pay his tuition.

After the contractor transferred the N3 million from his GTB account to his brother’s Zenith Bank account on January 31, the amount left his position but it never got to his brother.

READ ALSO: N89,000 Leaves Businesswoman’s Account as Union Bank ATM Withholds Her Card

He subsequently lodged a series of complaints to GTB but did not receive any favourable response. The bank initially told him the Nigeria Inter-Bank Settlement System (NIBBS), a platform that oversees fund transfer and settlement matters among banks in Nigeria, was to blame for the issue.

The bank later stopped responding him when it appeared a lasting solution was not in sight.

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Published 4th Feb, 2023

By Tola Owoyele

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