So sorry that the picture is not very clear . please can someone help interpret the judgement posted by Cornel osigwe on his Facebook page.
https://mobile.facebook.com/story.php?story_fbid=10213452950452887&id=1074235180&refid=17&_ft_=top_level_post_id.10213452950452887%3Atl_objid.10213452950452887%3Athrowback_story_fbid.10213452950452887%3Athid.1074235180%3A306061129499414%3A2%3A0%3A1530428399%3A2799921136245348070&__tn__=%2As-R

lalasticalala

So what exactly is GTB denying

GTB is denying it to avoid people to avoid people transferring their money out of the bank .

The judgement happened

wow

Orubebe01:
So sorry that the picture is not very clear . please can someone help interpret the judgement posted by Cornel osigwe on his Facebook page.
https://mobile.facebook.com/story.php?story_fbid=10213452950452887&id=1074235180&refid=17&_ft_=top_level_post_id.10213452950452887%3Atl_objid.10213452950452887%3Athrowback_story_fbid.10213452950452887%3Athid.1074235180%3A306061129499414%3A2%3A0%3A1530428399%3A2799921136245348070&__tn__=%2As-R

lalasticalala

we are in 2018 not 14 this appeal court not supreme ...stop the propaganda

InyinyaAgbaOku:
GTB is denying it to avoid people to avoid people transferring their money out of the bank .

The judgement happened

Your head still de 2014

InyinyaAgbaOku:
GTB is denying it to avoid people to avoid people transferring their money out of the bank .

The judgement happened

re you blind can't you see the date on the stamp that is 2014 four years ago.that is not supreme court stamp

nku5:
So what exactly is GTB denying

propaganda the date of the stamp says it all.
2014

Orubebe01:
So sorry that the picture is not very clear . please can someone help interpret the judgement posted by Cornel osigwe on his Facebook page.
https://mobile.facebook.com/story.php?story_fbid=10213452950452887&id=1074235180&refid=17&_ft_=top_level_post_id.10213452950452887%3Atl_objid.10213452950452887%3Athrowback_story_fbid.10213452950452887%3Athid.1074235180%3A306061129499414%3A2%3A0%3A1530428399%3A2799921136245348070&__tn__=%2As-R

lalasticalala

mynd44 ban this op for posting false information

the court ordered the money be paid into an account not Innoson account. at the end of the case whoever wins can access the money. it is just a way to secure the judgment of the lower court. the money is not for Innoson, at least not yet. it could go back to GT depending on the judment of the court. Bloggers have misinterpreted the ruling of the court. Mainstream media organisations who have legal advisers did not carry the story with that interpretation

GavelSlam:
A lengthy ban should be imposed on OP for deliberately trying to mislead the public whilst using the name of the supreme court of Nigeria.

for your mind abi
Thursday, 7th of June 2018, The Supreme Court struck out GTBank’s motion for stay of execution of the Enugu Court of Appeal Division’s order that GTBank pays over N6 Billion into an interest yielding account at the Court of Appeal. Innoson’s legal team which was led by Prof McCarthy Mbadugha ESQ told the Supreme Court that the Judgment debt which arose from excess and unlawful charges which GTB took from Innoson’s account now stood at over N14billion.
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 today 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 to pay the said money into an interest yielding account.
By Supreme Court decision today, GTB is expected within 14 days to pay the sum of over N14Billion judgment debt to the Deputy Chief Registrar of the Court of Appeal Enugu Division and which will now be paid into an interest yielding account in a reputable bank. The money together with whatever interest accrues thereon shall be paid to the party who wins the appeal.
Cornel Osigwe
Head Corporate Communications
Innoson Group
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All content is Copyrighted © 2018 The Premium Times, Nigeria. GTB to deposit Innoson’s N14 billion judgment with Court of Appeal, says Supreme Court
June 8, 2018 Press Release
Supreme Cou