A customer of Guaranty Trust Bank, Stella Adepegba, and her husband, Adelani Adepegba, have petitioned the Economic and Financial Crimes Commission over alleged fraudulent withdrawals from two family accounts and the discovery of an unauthorised N138,000 loan.
The petition followed fresh allegations that the bank deducted N24,000 from Stella’s account as repayment for a loan allegedly obtained by fraudsters without her knowledge, alongside the discovery of another N19,000 unauthorised withdrawal.
Following the petition, some GTBank staff may be summoned by the anti-graft commission for interrogation over the missing funds, although the commission has yet to announce any such action.
Documents obtained by The PUNCH showed that the EFCC acknowledged receipt of the petition on Thursday, 12 November, 2026, at 12:13pm, under reference number EFCC/PET/HQR/4780/2026.
The petition receipt identified Adelani Adepegba as the complainant and referenced alleged fraudulent withdrawals totalling N2.744m.
Adelani, who submitted the petition on behalf of his wife and daughter, accused the bank of failing to safeguard their accounts and demanded an investigation into possible insider involvement.
Providing an update on the incident, he disclosed that GTBank recently deducted N24,000 from his wife’s account, prompting her to visit a branch to seek clarification.
He said bank officials informed her that fraudsters had obtained a N138,000 loan through her account and that the deduction represented the first repayment.
“Two days ago, N24,000 was deducted from my wife’s account by GTB. She went to the bank to find out why. They said the thieves took a loan of 138,000 and the N24,000 was the first repayment she had to make,” he said.
He added that another N19,000 had been discovered missing from the account, raising further concerns about the security of the family’s funds.
In the petition addressed to the EFCC Chairman, Adelani requested a forensic investigation into the bank’s systems and possible staff involvement.
“We have reasonable grounds to suspect insider collusion,” the petition read.
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It identified the targeting of two related accounts, alleged bypassing of security authentication and subsequent unauthorised transactions despite changes to login credentials as grounds for suspicion.
The petition further requested the commission to “investigate, recover the stolen funds and bring the perpetrators to justice.”
It also urged the EFCC to “order a forensic investigation into GTB’s staff and system for data leakage and insider compromise relating to my family’s accounts.”
The complainant demanded access to transaction logs, IP addresses, device identification records and details of the beneficiaries of the disputed transfers.
The PUNCH had earlier reported that Stella alleged the theft of N2.507m from her daughter Victoria’s Child Saver’s Account on 8 October, followed by another N80,000 withdrawal from her personal account on November 1.
The money was allegedly transferred to accounts maintained with Moniepoint, GoMoney and FairMoney.
Reacting to the earlier allegations, GTCO’s Chief Communication Officer, Mrs Oyinade Adegite, told The PUNCH that the incidents had been investigated and attributed the compromise to customer-side security vulnerabilities.
“All the measures the bank has to put on us, 2FA, everything was done. So the compromise came clearly from the customer,” she said.
However, the family rejected that explanation, insisting that no banking credentials were disclosed or suspicious links accessed.
Efforts to obtain GTCO’s response to the fresh allegations concerning the unauthorised loan, additional withdrawal and EFCC petition were unsuccessful.
Adegite did not respond to telephone calls or a text message seeking comments as of the time of filing this report.
