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The Federal High Court in Ikoyi 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 A.A. 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The prosecution confirmed that the allegations against the journalists had been withdrawn, with supporting documents submitted to the court.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 at different dates and locations by the Police Special Fraud Unit (PSFU), Lagos, following a petition by GTCO.
The journalists were arrested after publishing reports, which GTCO, the parent company of the Guaranty Trust Bank and its Managing Director, Mr. Segun Agbaje, presumed to be negatively reported and detrimental to its good image.
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