GTBank Sierra Leone Dismisses Fake Social Media Posts of Closure


Guaranty Trust Bank SL Ltd (GTBank) has issued a strong rebuttal against a “spurious” social media post circulating online.

The post alleges that the Bank of Sierra Leone (BSL) is poised to shut down GTBank’s operations due to alleged falsification of accounts and conspiracy.

In a notice released today, May 6, 2025, the Bank categorically stated that the claim is “completely false and is designed to bring the image of the Bank and its officers to disrepute.”

GTBank emphasized that while it would not engage in public disputes with every media report, it “will not hesitate to pursue legal action for defamation against our brand or for inaccurate reporting.”

The Bank moved to reassure the public of its unwavering commitment to ethical practices. As a “industry leader with more than twenty years of operation in this esteemed country,” GTBank stated it “adhere[s] to strong corporate governance and strictly comply[ies] with both national laws and the policies set forth by our regulators,” including the BSL.

GTBank strongly urged its customers and the general public to “completely disregard this unfounded allegation.” The Bank reiterated its commitment to “maintaining the highest ethical standards and will never partake in any unethical practices.”

The notice concluded with a message of gratitude to the public for their “continued support and trust.”

The notice was issued by Corporate Communications of Guaranty Trust Bank SL Ltd on May 6, 2025.




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Odhav Multi Industries Dismisses Misleading Claims, Reaffirms High-Quality Steel Manufacturing


The Management of Odhav Multi Industries (SL) Limited has issued a firm and unequivocal statement in response to misleading claims circulating on social media regarding the quality and specifications of its iron rods.

The company categorically dismisses these allegations as baseless and deliberately misleading, seemingly orchestrated by individuals with vested interests who fear legitimate competition in the market.

Odhav Multi Industries, a leader in the steel manufacturing sector, it has been confirmed, has consistently upheld the highest standards of quality in its products. The Sierra Leone Standards Bureau, the authoritative regulatory body for product compliance, has rigorously tested and verified that the company’s iron rods not only meet but surpass industry benchmarks. These assessments have established beyond any doubt that Odhav’s products adhere to all requisite specifications, ensuring they are fit for purpose in various construction applications.

Addressing the specific concerns raised in the circulating video, Management reiterates that all iron rods produced by the company conform precisely to the required measurements. The accusations suggesting otherwise are entirely misleading and intended to create unwarranted doubt among consumers. Odhav Multi Industries maintains an unwavering commitment to quality control, employing stringent measures throughout its manufacturing processes to guarantee consistency and excellence in every product released into the market.

As the first fully automatic steel manufacturing plant in Sierra Leone with its own dedicated power project, Odhav Multi Industries is at the forefront of industrial advancement, playing a pivotal role in strengthening the nation’s manufacturing capabilities. The company remains steadfast in its mission to contribute to the country’s economic growth by providing reliable, high-quality steel products that support infrastructure development and enhance national self-sufficiency.

In a move to further solidify its position as a key player in Sierra Leone’s industrial sector, Odhav Multi Industries is expanding its product line to include wire nails, roofing sheets, binding wires and industrial gases such as oxygen and nitrogen. This strategic diversification not only underscores the company’s long-term commitment to the nation’s development but also promises to create new employment opportunities and reduce the country’s reliance on imported construction materials.

Management urges the public to disregard the unfounded claims circulating online and instead rely on factual, verified information from trusted sources. The company remains committed to transparency and customer satisfaction, standing resolute in its dedication to providing high-quality products that meet international standards, it further assures. Odhav Multi Industries will continue to pioneer advancements in steel manufacturing, ensuring that its contributions to Sierra Leone’s construction and industrial landscape remain unparalleled, one of the company’s officials affirmed.




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