All transactions between individuals and banks are private and personal, government does not involve itself in the personal contract. Even if an individual defaults on a loan the most a commercial bank could do is initiate recovery action which usually start with the collateral, if there is one. The next stage is legal action, and the last is a writeoff and then blacklisting. Government is never called in to intervene in a matter between an individual and their bank in normal instances.

If a fraud or criminal activity has taken place on a individual account, a bank can invite government for forensic investigation. This is very rare because banks usually have their own shady deals they are trying to keep covered and under cloak of drkness and so they will never approach government into their business even at most disadvantage against a client. Theyd rather hire private investigator and get their legal department involved.

When government is involved in a bank account usually they have been monitoring that account for a while and with surveillance. Government likes to keep credibility intact and avoid embarassment with public. So they restrain and are cautious about taking impulsive action that will prove unproductive and end in embarassments. Account scrutiny and surveillance can take months, sometimes years gathering evidence and collecting forensic footprints and trails of money movements in and out of an account, sometimes across many countries and they may even involve security agencies in other countries to establish proper protocol and jurisdiction.

So for someone as high placed as Innoson to be invited by EFCC there is a lot going on the fraud/criminal side...more than likely funding for a terrorist group, money laundering, drug cartel protection money, and so on.

Innocent Chukwuma should not be giving interview so soon unless hebis attempting to get public empathy to his side. If hands are clean he should support government investigation and give all assistance he can to get to the bottom of the issue. Coming on TV to talk about what banks owe to him is a deflection and is read as someone trying not to sink in the sorrounding pool of evidence accusing him of wrongdoing. At the EFCC interrogation they must have showed him some basic evidence, not all...its a setup...a hook to get him to panic and start covering his footprints or trying to erase tracks.

Or just plain political witch hunt form this very primitive govt we have today ..Iwont be suprised this arrest has something to do with 2019

SalamRushdie:
Or just plain political witch hunt form this very primitive govt we have today ..Iwont be suprised this arrest has something to do with 2019

...or maybe with IPOB

MayorofLagos:


...or maybe with IPOB

This last week has been filled with stories of the EFCC ruffling anyone from Saraki to David Mark after they had private meeting with Atiku ..so I wont be suprised this is in the same light because the Innoson GTB case has been on for over a decade and they have both handled it maturely so it definitely cant be the one here

SalamRushdie:


This last week has been filled with stories of the EFCC ruffling anyone from Saraki to David Mark after they had private meeting with Atiku ..so I wont be suprised this is in the same light because the Innoson GTB case has been on for over a decade and they have both handled it maturely so it definitely cant be the one here

I hope its not. You should read what I wrote.
Government does not interfere in personal contract between private citizen and a commercial bank, unless a flag went off. They also will not jump in on first flag....usually an arrest is preceeded by a lenghty monitoring gathering evidence and recording activities to use for convinction. When they finally make a move for arrest the preliminaries is already covered and they are ready for court.

What is that flag that triggered EFCC looking into Innoson's account?


Also, beware....EFCC has been in this business since 1998. The current Director, MAGU has been an investigator since when Ribadu was Director. They have uncovered bigger fishes than Innoson. Keep an open mind. Innoson will damage his case if he takes it to the public for empathy it will end in social media. Thats what EFCC want. It sets off a chain reactions and chatter and opportunity to collect more information.