By Dare Akogun

The Nigerian Guild of Investigative Journalists (NGIJ) has condemned what it described as corporate intimidation by Guaranty Trust Holding Company (GTCO), following the arrest of one of its members, Olurotimi Olawale, for allegedly publishing a story deemed unfavourable to the bank and its CEO, Segun Agbaje.

In a statement jointly signed by the Guild’s President, Abdulrahman Aliagan, and Secretary, Rowland Olonishuwa, NGIJ criticized GTCO for attempting to stifle press freedom through coercion and intimidation.

The Guild noted that Olawale’s arrest on September 20, 2024, by security personnel identifying themselves as police officers from Zone 2, Lagos, was an example of the growing trend of corporate entities trying to muzzle the press.

“This blatant attempt to stifle investigative journalism has drawn condemnation from media watchdogs, human rights groups, and concerned citizens.

“GTCO’s actions demonstrate a staggering disregard for the principles of press freedom, and raise serious questions about the bank’s commitment to transparency and accountability.”

According to NGIJ, Olurotimi’s ordeal is a chilling reminder of the risks faced by journalists who dare to hold powerful institutions and individuals accountable.

The Guild expressed concern that such incidents, if left unchecked, threaten Nigeria’s democratic foundation.

“Nigerians must demand greater accountability from corporate entities and safeguard the rights of journalists to report without fear of reprisal,” the statement added.

The Guild called on stakeholders in the media and human rights community to condemn the actions of GTCO, urging the bank to respect the freedom of the press and uphold the rights of journalists to perform their duties without intimidation.

GTCO has yet to respond to the allegations as of the time of this report.

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