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Nairaland Forum / Nairaland / General / Business / Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss (39381 Views)
I Am Waiting To Take Over Gtbank - Innoson Boss, Chukwuma / Supreme Court Orders Gtbank To Pay Innoson Boss N12bn In 14 Days / Court Declared Me Wanted To Embarrass Me – Innoson Boss, Innocent Chukwuma (2) (3) (4)
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Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Pigsandidiots: 11:26pm On Jun 07, 2018 |
Nicegal1993:Bla, bla, bla. Do you mean with the same long and reselling of your children? 1 Like |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Jaideyone(m): 11:26pm On Jun 07, 2018 |
NgwaManNaija4LF:keep shouting afonjas upandan we don't give a f*CK about you 4 Likes |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Jaideyone(m): 11:29pm On Jun 07, 2018 |
Octaves:of course it's always like JuJu when you can't catch up Yorubas are miles ahead of you you can only wail 2 Likes |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Pigsandidiots: 11:33pm On Jun 07, 2018 |
Mayrock:What happened to awolowo's end. Cos last I read, he didn't died senile like one run away soldier I know of. 3 Likes |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by DaHenchmann: 11:38pm On Jun 07, 2018 |
damiloladuke: Simply damage control..... Let's wait for the final verdict. 3 Likes |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Pigsandidiots: 11:39pm On Jun 07, 2018 |
Octaves:Even when una dey place juju on your farm for your brother to step on it and die, na Yoruba people too. 2 Likes |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Pigsandidiots: 11:41pm On Jun 07, 2018 |
Aquariann:Do you think the guy get sense? 1 Like |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by SirBunky85(m): 11:41pm On Jun 07, 2018 |
HAH:u are so dull.dont u realize dat innoson would've released a ststement if dis story is true?tufiakwa 3 Likes |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by SirBunky85(m): 11:50pm On Jun 07, 2018 |
chukwukahenry:banks owned by an igbo man.eg diamond bank |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by SmartyPants(m): 11:51pm On Jun 07, 2018 |
post=68276810: Allegation of a supreme court judgment. |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Blue3k(m): 11:57pm On Jun 07, 2018 |
This is why primary sources are best. This is how we were led to believe the federsl government commission board holes when they commission the whole damn. 1 Like |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by MANNABBQGRILLS: 12:03am On Jun 08, 2018 |
SmartyPants:This is what it should be more than the way it was reported initially. You are right with this. 2 Likes 1 Share |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by mavinc4u(f): 12:04am On Jun 08, 2018 |
Bolustical: you didn't believe the news of innoson story but believe the one of Gtbank. How on earth do you know who is saying the truth between the two? most of you are very disgusting human, Tribalism has eaten deep into most of you. shame on you and your likes. Always happy to see others fail. 2 Likes |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by tallestcash: 12:17am On Jun 08, 2018 |
Terminator1234g:I NO FIT LAUGH O. WHERE ARE THE GULLIBLE Biafra AND THEIR USELESS SCAMNEWS 1 Like |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by linearity: 12:27am On Jun 08, 2018 |
Bolustical: If you ignore the headlines both from Innoson and now GTB, you will see that they are both saying the same thing..... 1. Innoson Headlines goes like....’Supreme Court order GTB to pay us....’; but if you read the details, GTB was actually asked to pay the money into an interest yielding account while the litigation proceeds. 2. In GTB’s response they focused only on Innoson sensational headline, but refused to comment on the meat of Innoson’s statement. GTB is right that, they were not ordered to pay Innoson any money, but they didn’t dispute the fact that, they were ordered to obey the Enugu’s court judgement and pay the money into an interest yielding account. They know that, if they go that far, in the next news cycle Innoson will leak out the actual court document. Personally, since the merit of the case has not been addressed by the Supreme Court, this is neither a win for Innoson nor a loss for GTB. 7 Likes 2 Shares |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by tallestcash: 12:29am On Jun 08, 2018 |
IPOB ABA MADE FAKE NEWS CUSTOMIZED FOR Biafra 1 Like |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Sammiejokes(m): 12:55am On Jun 08, 2018 |
NOETHNICITY:You cannot win an igbo man in an argument, even the ones selling okrika with their fish brain will argue like a professor. I just dodge one of them wey dey talk about biafra with me for oyinbo land, i got no time for shit. 2 Likes |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Dollabiz: 1:13am On Jun 08, 2018 |
hmm |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by TundeBricklayer: 1:19am On Jun 08, 2018 |
deedeedee1:Supreme court judgement yesterday what transpired The Supreme Court decision follows GTBanks motion for stay of execution at the Supreme Court when the Court of Appeal Enugu Division ruled on 9th Dec, 2014 that the appellant (GTB) is hereby ordered to pay the sum of Five Billion, Nine Hundred and thirty Six Million, One Hundred and Twenty Six Thousand, Two Hundred and Nineteen Naira, One Kobo (N5,936,126,219.01k) to the Deputy Chief Register of the Court within 14 days from the date of ruling and which the Deputy Chief Register shall pay same into an interest yielding account in a reputable bank other than Diamond Bank or Mainstreet Bank Plc pending the determination of this appeal. The money together with whatever accrues thereon shall be paid to the party who wins the appeal. GTBank not satisfied with the decision of the ruling of Court of Appeal, filled a motion for stay of execution at the Supreme Court, however Supreme Court yestetday struck out GTB motion for stay of execution and maintained that it will not hear GTBank’s motion for stay of execution until it obeys the ruling of Court of Appeal. |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Neoteny(m): 1:25am On Jun 08, 2018 |
Innoson fabricates lies the way he fabricates his cars: cheap, shaky, unsafe and of sentimental value only. 1 Like |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by TundeBricklayer: 1:28am On Jun 08, 2018 |
deedeedee1: Tracing its history with the bank, the company said that at all material times, it oprates a current account with GTB and it discovered imposed excess and unlawful charges in its current account in the sum of N560million and that the bank was demanding it to pay this to it with the accrued interest thereon, but it requested the bank to credit its account with the N560m and the accrued interest. The company said that the bank refused this request, as a result, it commenced suit FHC/AWK/CS/139/2012 against the bank before a Federal High Court, Awka and obtained judgement in excess of N4.7billio against the bank. The bank appealed the judgment to the Court of Appeal, Enugu in appeal CA/E/288/2013. The Court of Appeal, Enugu in its ruling ordered the bank to pay the judgment debt of N5.7bn inclusive of the accrued interest and any interest that would subsequently accrue thereon into an interest yielding account in the name of the Chief Registrar of the court. On the Customs angle, the company said Nigerian Customs Services sold its goods by auction, following which it commenced suit FHC/L/CS/603/2006 against customs. Thereat, judgment was rendered in excess of N2.4bn in favour of Innoson in the suit against customs. Subsequently, Innoson garnisheed customs’ account with GTB. Through a garnishee order absolute the court ordered GTB to pay the judgment debt of over N2.4bn to Innoson from customs account with it. GTbank appealed this decision to the Court of Appeal, Ibadan appeal CA/I/258/2011. However, on February 6, 2014, the Court of Appeal, Ibadan dismissed the bank’s appeal, affirmed the decision of the Federal High Court and ordered the bank to pay the judgment debt of over N2.4bn to Innoson from customs account with it. The company insisted that at all material times, goods imported by Innoson were consigned to GTB under the relevant Bills of lading. The bank endorsed the Bills of lading to Innoson and released same to Innoson. The bank recorded its endorsement and releasing of the Bills of lading to Innoson in its records. To this extent, before the bank released any of the Bills of lading to Innoson, it would first enter the particulars or details of the Bill of lading in a book – register – and then both the bank’s officer releasing the Bill of lading and Innoson’s staff collecting the Bill of lading signed the book- the register. The bank released all the Bills of lading to Innoson and they were all dully recorded and signed for in the bank’s record-book. Again, all the duties paid for the consignments – goods – were paid by the bank. Upon completion of clearing and taking delivery of each consignment, Innoson returned the exchange control copies in relation thereto to the bank for onward transmission to CBN, which the bank transmitted to CBN. On Economic and Financial Crimes Commission, EFCC, involvement, it said that the commission discovered in conjunction with NDIC that reconciled and or audited Innoson’s account with GTB that excess and unlawful charges in the sum of N560m was imposed in Innoson’s account with it and was demanding Innoson to pay same to it as its legitimate earnings. Legitimateearnings Also, EFCC discovered that the bank had a register wherein it entered the particulars/details of all the Bills of lading it endorsed over to Innoson and that the bank’s staff signed the register for the release of the Bills of lading to Innoson’s staff who also signed his collection/receipt of the Bills of lading from the bank in the register. Consequently, EFCC asked the bank to produce the register but same it yet to be produced. Innoson added that it sued EFCC and the Police to enforce its fundamental human rights and that of its staff that it alleged was breached in the course of the investigation; and for an order of the court that all the documents that were subject to forensic investigation be sent to independent investigation, viz – FBI and or Scotland yard for analysis. On the facilities by the bank, Innoson said that the bank granted various facilities to it which it secured with a legal mortgage of over N4bn and had defrayed them save the excess charges which was a subject in suit FHC/AWK/CS/139/2012 at the Federal High Court, Awka for which Innoson has subsisting judgment in excess of N6bn in its favour against the bank, while GTB’s case – suit FHC/L/CS/1119/2014 against Innoson at the Federal High Court, Lagos, the bank never claimed that Innoson was indebted to it in the sum of N2.4bn. It added that the bank in suit FHC/L/CS/1119/2014 at the Federal High Court, Lagos froze Innoson’s account in all the Banks in Nigeria from September 18, 2014 until June 10, 2015 when same was dismissed and the freezing order set aside. Afterwards, it said that commenced a N30bn suit against the bank for damages it suffered as a result of the freezing order. Read more at: https://www.vanguardngr.com/2015/07/innoson-in-court-denies-owing-bank-n2-4bn/ |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by TundeBricklayer: 1:30am On Jun 08, 2018 |
Neoteny:GTB is trying to safe face, Supreme Court yestetday struck out GTB motion for stay of execution 1 Like |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by babeosisi: 1:55am On Jun 08, 2018 |
ThatHistoryGuy: Observing keenly |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by DSDLIVEREPORT: 2:34am On Jun 08, 2018 |
Whoever came.up with this deserve a.jail term. NL verify your news before reporting authoritatively. |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by AK481(m): 2:52am On Jun 08, 2018 |
The court simply ask gtb to obey the court of appeal decision of paying money in an intreste yielding account before they can hear the stay of execution appeal be opened. |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Nobody: 3:22am On Jun 08, 2018 |
Pigsandidiots: go and ask those who makes poison if u ask me who I go ask anu mpama |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Nobody: 3:24am On Jun 08, 2018 |
Jaideyone: OK and una need mass reorganisation sly's and back stabbers 1 Like 1 Share |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by Jaideyone(m): 4:19am On Jun 08, 2018 |
Mayrock:lol sly"s indeed no one promised yo allegiance. stop playing the victim!!! chickens!!! 2 Likes |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by wellmax(m): 5:12am On Jun 08, 2018 |
vstring490: No mind the ipob fake news bloggers |
Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by mfm04622: 5:41am On Jun 08, 2018 |
Nextlevel10: You mean Gtbank should forget the money? And pay what Innocent is saying he overpaid? Or in what way will this settled out of court? |
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