babyfaceafrica:
me am not here to argue...it oa possible to still lose at supreme court even after winning at high court and appeal court..that I'd my take...nothing I'd impossible

Alariiwo:


One useless one here on heat keeps jumping into people's mentions claiming they want innoson to move his business to Lagos.

I don't know what he has that will benefit Lagos. Dead brains everywhere

maximunimpact:
Innoson Nigeria Limited and its Chief Executive Officer/Managing Director, Mr. Innocent Chukwuma, on Friday withdrew an ex parte application they filed against the Economic and Financial Crimes Commission.

The other defendants in the ex parte application filed before the Federal High Court in Lagos are the Federal High Court, the Attorney General of the Federation, the Nigeria Police Force, the Inspector-General of Police and Guaranty Trust Bank.

In the ex parte application, Innoson alleged that his recent arrest and detention by the EFCC was at the instance of GTB.

Though the ex parte application was filed on Thursday, Justice Hadiza Shagari had adjourned till Friday to hear it.

When the matter was, however, called on Friday, counsel for GTB, Adebowale Kamoru, showed up in court, saying his client knew about Innoson’s move to get injunction against them.

Kamoru, in an application he brought before Justice Shagari on Friday, prayed the court to decline entertaining Innoson’s ex parte application, on the claim that Innoson and his company had suppressed material facts.

Citing several judicial authorities, he prayed the court to grant leave for his client to be heard in the case.

In response, Innoson’s lawyer, Prof. MacCarty Mbaduagha, said he had been instructed by his client to withdraw the ex parte application.

Kamoru did not oppose him.

Consequently, Justice Shagari granted Mbaduagha’s prayer.

“In view of the application of the applicants’ counsel, the application is hereby granted,” the judge held.

https://www.financialwatchngr.com/2017/12/22/innoson-withdraws-ex-parte-case-gtbank-efcc/

Mynd44, Lalasticlala, Seun

NwaAmaikpe:



Innocent Chukwuma should go and pay up his debts.

Some of us weren't foolish to fall for the ethnic sentiments he tried whipping up when GTB began loan recovery measures.

Why are humans like this?
They act like doves when they want to borrow, but become tigers when you ask for your money back.

Life is simple, so is the rich man's rule.
It is a crime to owe,
But it's even a bigger crime not to pay when you owe.

I still stand with Gtbank

davodyguy:
Two sides of a coin
The more you look, the less you see.
Chukwuma will never want to bite the hands(not fingers) that fed and lifted him. Both Zenith Bank and Diamond owned by his kinsmen declined granting the said loan in 2009, but Gtbank being the grassroot bank gave him the Loan that lifted him.

Trust Nigerians to always attachment sentiments and tribalism to all things. They forgot that the same Afonja bank that gave him the loan actually wanted him to succeed, but those two banks that declined never believed in him

Mrnairalandd:
Like i said earlier, the end of Innoson business has come

This is not a matter of wishing him bad but reality

Anybody in Banking sector ll understand what i am saying

As Innoson stands, all Banks both local and international have blacklisted that name for life

It ll be a financial battle for him

To worsen his case, he whipped the tribal sentiment and the publicity went viral to the point Igbos started boycotgtb tag online

This is the biggest mistake any person(small business man) talkless of an industrialist can make

All Banks work together when it comes to fraud and underviced loans.

No matter how much he pays tomorrow to GTank, the dent ll continue to hunt his business for life.

As we speak, Innoson credit worth to all local and international banks is Zero.

His kinsmen through their stupidity and victim mentality have killed his business by making all what he did behind closed doors went viral.

All Banks ll be scared to do business with him and that business can survive without loans.

Mynd44:
Because GTBank had nothing to do with his issues with the EFCC but of course, we Nigerians like to be silly and act without sense

puremind1:

Thanks for your brilliant submission. The Igbos in particular and Igbos are too senseless to understand what you wrote. Innoson is already dead with no credit worthiness. it takes two to tango. Since he has gone tibal, only Igbos will buy his pirated and assembled cars.

nnachukz:

You should rather be bothered on how the Supreme Court case will turn out. If he wins that case, he will be around N8b richer hence he may never need loan facility anymore and his company may never go moribund as you are expecting.

Ruggedpen:

Are you aware that gtbank admitted on charging innoson 500m as in excess bank charges while he was demanding for 780m according to his auditors findings in this fact what makes you think he has been treated fairly.

MrHistorian:
Dubious Man who plays on ethnicity sentiments to attract unneeded sympathy from the public.

Now He has realised he's in for another round of opprobrium hence his quick plea to withdraw the law suit.

Had he insisted on continuing the case in a competent court of law. . . It will be thrown out without hesitation by any right thinking judge.

Inno-fraudster.

NwaAmaikpe:



Innocent Chukwuma should go and pay up his debts.

Some of us weren't foolish to fall for the ethnic sentiments he tried whipping up when GTB began loan recovery measures.

Why are humans like this?
They act like doves when they want to borrow, but become tigers when you ask for your money back.

Life is simple, so is the rich man's rule.
It is a crime to owe,
But it's even a bigger crime not to pay when you owe.

I still stand with Gtbank

NwaAmaikpe:



Innocent Chukwuma should go and pay up his debts.

Some of us weren't foolish to fall for the ethnic sentiments he tried whipping up when GTB began loan recovery measures.

Why are humans like this?
They act like doves when they want to borrow, but become tigers when you ask for your money back.

Life is simple, so is the rich man's rule.
It is a crime to owe,
But it's even a bigger crime not to pay when you owe.

I still stand with Gtbank

Mrnairalandd:
Like i said earlier, the end of Innoson business has come

This is not a matter of wishing him bad but reality

Anybody in Banking sector ll understand what i am saying

As Innoson stands, all Banks both local and international have blacklisted that name for life

It ll be a financial battle for him

To worsen his case, he whipped the tribal sentiment and the publicity went viral to the point Igbos started boycotgtb tag online

This is the biggest mistake any person(small business man) talkless of an industrialist can make

All Banks work together when it comes to fraud and underviced loans.

No matter how much he pays tomorrow to GTank, the dent ll continue to hunt his business for life.

As we speak, Innoson credit worth to all local and international banks is Zero.

His kinsmen through their stupidity and victim mentality have killed his business by making all what he did behind closed doors went viral.

All Banks ll be scared to do business with him and that business can survive without loans.

Xisnin:
Innoson will end up begging GTB for mercy.
He was an humble businessman when he was seeking loan in 2009.
He cannot become a GTB shareholder through the back door.
Even if he wins the 6bn case of alleged charges in the supreme court,
he will certainly lose the fraud case which may run into tens of billions
at the 22% interest rate and a possible jail time.
I hope his lawyers can do the math.
Whichever way, it is in his best interest to settle out of court because
his media war will lead to nowhere.

TruePass:
Fool of the year goes to this small boy.

SpecialAdviser:
I know surely both sides will sue for peace behind closed doors.
Gtbank really messed up. How can u use EFCC on your corporate customer?.

Whichever way it goes, your business will be seriously hurt if you take some political step to settle a corporate issues with your client.

Having said that, why did this issue take a tribal dimension? This is one reason we are better separate. We do not have a common patriotism about anything in this country. Everything is tribal and every tribe is guilty. I just hope one day, Nigerian structure as one nation will be reviewed. We cannot make any headway with this mentality as a Nation. NEVER

tribalistseun:
GTB must go down

longlong:
How this shit transformed into a tribal war still got me thinking


I ran from nairaland to twitter,to see if i would read reasonable thought on the case but it was still the same shit