Employees of Guaranty Trust Holding Company Plc, the parent company of GT Bank, would forfeit 50% of their pay if they do not get vaccinated against Covid-19.

“A long-running Covid-19 outbreak among GT Bank employees has led Guaranty Trust Holding Company Plc (GTCO), the bank’s owners, to adopt a mandatory vaccination policy; non-compliant employees face a 50% salary cut.”

According to reports, a significant number of employees at Guaranty Trust Bank (GTB), located at 42 Oyin Jolayemi St, Victoria Island, Lagos, were hit by Covid-19-related symptoms.

“Not less than 14 suspected Covid-19 instances were recorded at the above mentioned office in the report,” it said, “while a staff member (name withheld) was believed to have died after displaying symptoms similar to Covid-19, although the report bank claimed the dead died of an asthma attack.”

The bank through an internal Memo, titled ‘Deadline for Covid-19 Vaccination and dated September, 13, 2021, which was sent by the bank’s Operational Risk Management Team, Ajose Adeogun office in Lagos, to all staff members, informed them of the new mandatory Covid-19 jab policy.

The Memo partly reads, “All staff have been mandated to ensure they receive their vaccines in their various locations on/before 30th of September 2021.

“Please be informed that starting October 2021, any staff that fails to comply will no longer be allowed into the bank’s premises and may be place on half salary,” the news site said.