Ikoyi- The Federal High Court in Ikoyi has dismissed the cyberstalking and defamation case filed by Guaranty Trust Holding Company (GTCO) against four journalists. The case, marked *FHC/L/774C/2024*, was struck out 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The prosecution confirmed that all allegations against the journalists had been withdrawn, with supporting documents submitted to the court as proof of the resolution.
The four journalists – Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami – were arrested in September 2024 by the Police Special Fraud Unit (PSFU) in Lagos following a petition filed by GTCO.
Further details on the settlement and the implications of the court’s decision are expected to be released shortly.
*More updates to follow…*