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Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory (50725 Views)

Access Bank To Shut Down 346 Banks Nationwide (List) / BREAKING: N8.7bn Debt: Innoson Motors Moves To Take Over Gtbank / The War Between GTBank And Innoson Motors Explained By Adeyanju Deji (2) (3) (4)

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Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by ideology(m): 8:07pm On Dec 19, 2017
Osucoward:
When did EFFCC become GT Bank? grin This is EFCC not GT Bank.

Does Innoson owe GT Bank money? Did he give false information to obtain loan from GT Bank?

Did he sign a contract he neglected?

Did he commit fraud?

Ibo people should change from crying victim when they do wrong. A man that walked his two legs to the bank, took out loans and then refused to pay back, how is that a good business partner.

In the US, his business would have been liquidated to pay back his loans.

Investors beware.

Zenith Bank is standing strong because the business wasn't built on fraud. GT Bank is standing strong because it wasn't built on fraud.

at your age, u don't have common sense what if you find out GtB is the one defrauding Innoson.

Stop sprewing thrash, go do ur research before your infect others with your foolishness

2 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Troublemaker007(m): 8:07pm On Dec 19, 2017
amazon14:
This is how they kill indigenous companies, especially if the company is from the east.

Not just East, as well as South. Nigeria is already DEAD. Those representing the East and South in government knows this but greed and betrayal won’t allow them have a voice.

2 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Guestlander: 8:08pm On Dec 19, 2017
Alday:



Pls cite a report where either Innocent Chukwuma or Innoson Ltd is owing GTB money which have gone past due.


If you don't, I'd cite where GTB owes Innoson Ltd interest overcharges

What then is the problem between a bank and a car making company if not financial? I will like to see your evidence against GTB.
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Oloripelebe: 8:08pm On Dec 19, 2017
amani63:
May thunder that don't have brake fire you there
Substandard cars indeed
Ancestral monitoring lizard



If dem give u one correct lexus car and Innoson, which one u go pick grin grin

2 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by baddosky1: 8:08pm On Dec 19, 2017
MrHistorian:

Are you slow??

Because he owns an indigenous car producing factory now. . . He should be absolved of any criminal case?

Your ignorance is beyond human remedy.

Innoson...Go and service your debt!!!!!!!!

Innoson does not owe any debt! Innoson Motors took a loan withGTB. They deducted by over 700m which was meant to be less. He took them to court and the court ordered them to pay 2.8B based on accumulated interest. They went to appeal and lost on appeal. The accumulated fee as at today stands at over 6 Billion which they are meant to pay him but instead, they ran to EFCC instead.

Stop commenting like you have chicken shit in place of a brain!

6 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Sanchez01: 8:08pm On Dec 19, 2017
The picture is becoming clearer. If indeed he jumped bail then this is as a result of failed agreement.

There is a possibility that someone wasn't servicing his debt which propelled the bank to come hard on him in this manner.

3 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by ductive: 8:08pm On Dec 19, 2017
[quote author=Wyttcat post=63434453]Innoson is a Chinese car under a different logo to defraud Nigerians on purpose from the get go, thank God it's rejected. [/gquote] we know ya type!
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by jwals: 8:10pm On Dec 19, 2017
Innoson motors, was highly praised and recommended this year by the Nigeria air force, to kick start production of fighter jet spare parts for maintenance, debts is not a big deal for companies like this, the bank should not be influenced by politics in handling matters like this, dangote have owned banks in Nigeria but was not humiliated to this extent, may be because his a northerner,it is well

2 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by anambra419: 8:12pm On Dec 19, 2017
jwals:
Innoson motors, was highly praised and recommended this year by the Nigeria air force, to kick start production of fighter jet spare parts for maintenance, debts is not a big deal for companies like this, the bank should not be influenced by politics in handling matters like this, dangote have owned banks in Nigeria but was not humiliated to this extent, may be because his a northerner,it is well

Then tell Innoson the fraudster to pay his debt

1 Like 1 Share

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by bionixs: 8:12pm On Dec 19, 2017
Alday:


Question is, who told you that Innoson Ltd owes Gtb?
ask the Afonjas on the forum who wouldn't think of how to mend their leaking red brown roof

2 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Alday: 8:12pm On Dec 19, 2017
Guestlander:


What then is the problem between a bank and a car making company if not financial? I will like to see your evidence against GTB.



Learn to read. The case is about Gtb arguing over how much it owes Innoson in over charged interest on its account. Innoson claims its 700m, Gtb says N500m. Efcc came in on Gtb's invitation and accused Innoson of forging shipping documents

https://mobile.twitter.com/Damite2ky/status/943071213840142338?p=v
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by obowunmi(m): 8:14pm On Dec 19, 2017
Only if he was a Hausa man.
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Nobody: 8:17pm On Dec 19, 2017
Oloripelebe:




If dem give u one correct lexus car and Innoson, which one u go pick grin grin
lnnoson, nothing like promoting home made brother
But notwithstanding I love foreign cars
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by edupedia: 8:18pm On Dec 19, 2017
Osucoward:
When did EFFCC become GT Bank? grin This is EFCC not GT Bank.

Does Innoson owe GT Bank money? Did he give false information to obtain loan from GT Bank?

Did he sign a contract he neglected?

Did he commit fraud?

Ibo people should change from crying victim when they do wrong. A man that walked his two legs to the bank, took out loans and then refused to pay back, how is that a good business partner.

In the US, his business would have been liquidated to pay back his loans.

...So all the recent PRO job he was doing was based on frau/inability to pay loans?...these people and their rotten pressed heads

Investors beware.

Zenith Bank is standing strong because the business wasn't built on fraud. GT Bank is standing strong because it wasn't built on fraud.

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by dieBYfire: 8:18pm On Dec 19, 2017
Oloripelebe:



Go and ask in ilorin grin

You should know better
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by pedrilo: 8:18pm On Dec 19, 2017
lonelydora:
Obasanjo did same to Ibeto but he bounced back. PMB/GTbank is trying to do it to Innoson. By God's grace he shall overcome. Watch Dangote open a car factory once they succeed in pulling Innoson down.


A call to all Igbos to boycott GTBank. We shall overcome.
look at dis foolish ignoramus! So u want GTbank to be liquidated because innoson is owned by an Ibo man? Are u serious? U r kiddin urself I swear

1 Like 1 Share

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Guestlander: 8:19pm On Dec 19, 2017
Alday:




Learn to read. The case is about Gtb arguing over how much it owes Innoson in over charged interest on its account. Innoson claims its 700m, Gtb says N500m. Efcc came in on Gtb's invitation and accused Innoson of forging shipping documents

If you are correct, then this is not about interest overcharge but fraud.

1 Like 1 Share

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by muffyt05: 8:21pm On Dec 19, 2017
[quote author=lonelydora post=63433981]Obasanjo did same to Ibeto but he bounced back. PMB/GTbank is trying to do it to Innoson. By God's grace he shall overcome. Watch Dangote open a car factory once they succeed in pulling Innoson down.


A call to all Igbos to boycott GTBank. We shall overcome. [/quot

Tribalism kill you die. The only reason GTB will be dragging him to court is if he got a loan and defaulted and if that be the case, the bank is free to pursue all legal means to retrieve their money. There's no government or political undertone but just the right thing being done. Asking all IBO to boycott the bank is not only childish but also lack sound logical reasoning. Abi can't a creditor ask for his money again?

5 Likes 3 Shares

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by pedrilo: 8:23pm On Dec 19, 2017
Oloripelebe:




If dem give u one correct lexus car and Innoson, which one u go pick grin grin
will u keep kwayet! Wat do u knw abt evolution? Lexus started from somewhere.
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Osucoward: 8:23pm On Dec 19, 2017
dieBYfire:

Call Mynd23 if you like ! Mynd44 knows I broke no rules!
Even if e ban am. I have 20 monikers dedicated to wreck havoc on goats like you grin

This is a duplicated ID. Mynd44. Rule 19
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Alday: 8:24pm On Dec 19, 2017
Guestlander:


If you are correct, then this is not about interest overcharge but fraud.



So why where you harping about a liquidated loan or a current loan that doesn't exist?
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Nobody: 8:24pm On Dec 19, 2017
Jupxter:
This is an attempt to dent the image of Innoson motors before the entire nation. It is unfair. Jesus ! Obama bailed out Ford, Chrysler and a few car manufacturing companies. Why can't the government step in to save Innoson? I saw Buhari gave about 8 Billion to farmers in Kebbi, spent over 80 Billion on oil exploration in the Chad Basin up there, why is it difficult for the government to intercede, and spare a few funds if not for dash, at least to save the jobs and image of this growing company?
700 million to Boko Haram commanders too
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Osucoward: 8:24pm On Dec 19, 2017
pedrilo:
look at dis foolish ignoramus! So u want GTbank to be liquidated because innoson is owned by an Ibo man? Are u serious? U r kiddin urself I swear

Lol they also want Ibo businesses in Lagos to fail grin
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Wyttcat: 8:24pm On Dec 19, 2017
Do you people think Nigerians are this stuppidd? Anyway the loan will still need to be serviced even when God bless Nigeria with a real indigenous car company in future, but for now let this back door Chinese made fraud of a car company pay his bills.

Even in real world, real men pay their bills. Stop being delinquent, pay up Innoson!
amazon14:
This is how they kill indigenous companies, especially if the company is from the east.

1 Like 1 Share

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Oloripelebe: 8:25pm On Dec 19, 2017
pedrilo:
will u keep kwayet! Wat do u knw abt evolution? Lexus started from somewhere.


Yes, but not by assembling fake chinko spare parts grin

3 Likes 1 Share

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Nobody: 8:25pm On Dec 19, 2017
ehie:
700 million to Boko Haram commanders too


Abi oh...the list goes on
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by deji17: 8:26pm On Dec 19, 2017
MrHistorian:

Are you slow??

Because he owns an indigenous car producing factory now. . . He should be absolved of any criminal case?

Your ignorance is beyond human remedy.

Innoson...Go and service your debt!!!!!!!!

I am sure that Innosson is not giving out his China parts assemblage for free... So, he should pay back his debt

1 Like

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Ever8054: 8:27pm On Dec 19, 2017
PAGAN9JA:
Pitiful . The Gods of our ancestors are our only hope.
is this one too a human....
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by pedrilo: 8:27pm On Dec 19, 2017
Oloripelebe:



Yes, but not by assembling fake chinko spare parts grin
u just but a kid still feeding from ur mommas pot. U go understand wetin life talk very soon, shebi u go grow up soon?
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by 2Mekus: 8:28pm On Dec 19, 2017
All of you who are spewing tribal bigotism, here is the true story of the saga.

The dispute between the company and GTB begun in 2012.
“At all material time, Innoson Nigeria Ltd. was a customer of Guaranty Trust Bank Plc. Sometime in 2012 Innoson discovered that GTB imposed and debited its current account with over N700 million excess and unlawful charges. GTB failed and refused to refund the N700 million to Innoson.
“Consequently, Innoson commenced suit no:FHC/AWK/CS/139/2012 against GTB and the court rendered judgment in the sum of N4.7 billion with 22% interest on the judgment debt until satisfaction of the judgment debt in favour of Innoson against GTB.”
Innoson said the court of appeal of Ibadan division affirmed the decision of the federal high court and ordered GTB to pay N2.4 billion to Innoson.
The bank had appealed the ruling at the supreme court but lost the case. Innoson then began a N400 million case at the federal high court, Abuja.

Source: The Cable Nigeria. https://www.thecable.ng/efcc-arr

5 Likes

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