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Nairaland Forum / Nairaland / General / Crime / Innoson Vehicles Sues Imo State Government Over N2.5B Debt (305 Views)
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Innoson Vehicles Sues Imo State Government Over N2.5B Debt by Wearetheworld: 5:36pm On Jul 29, 2022 |
Nigeria’s indigenous vehicle manufacturing company, Innoson Vehicles Manufacturing (IVM) has filed an over N2.5B lawsuit against the Imo State Government under the headship of Senator Hope Uzodinma over its failure to pay or service the debt of N2,547,666,435.00 (Two Billion, Five Hundred and Forty-Seven Million, Six Hundred and Sixty-Six Thousand, Four Hundred and Thirty-Five Naira) being the purchase price of the various IVM Vehicles including their parts which IVM manufactured, sold and delivered to the State Government but Imo State Governor or its government has refused and failed to pay same despite repeated demands and appeals. The lawsuit which was filed by Prof Joseph N Mbadugha, SAN, FCPA of McCarthy Mbadugha & Co, the counsel to Innoson Vehicles coming against repeated attempts made by the Chairman of Innoson Vehicles Manufacturing, Chief Dr. Innocent Chukwuma OFR, to the Governor urging him to pay the company on the vehicles sold, and delivered to the State Government. For the avoidance of doubt, sometimes in April 2021, His Excellency, the Executive Governor of Imo State, Senator Hope Uzodinma invited the Chairman/CEO of Innoson Vehicles, Chief Dr. Innocent Chukwuma to the Imo State Government House, Owerri where they discussed and agreed that Innoson Vehicles would sell and supply various specifications of its brand of Vehicles to the State Government which includes, inter alia 1. 70 units of Innoson 5 Seater double cabin pick-up (IVM Carrier) 4WD 2. 10 units of Innoson 5- Seater double cabin military pick up (IVM G12) 3. 10 units of Innoson 5 seater single cabin military pick-up (IVM G12) 4. 100 units of a complete siren with public addressing system, revolving light, and street police light; 5. 2 Units of IVM Ambulance Vehicles 6. 20 Units of IVM G12 MS11 7. 20 sets of B. Canopy For more visit https://046media.com/2022/07/innoson-vehicles-sues-imo-state-government-over-n2-5b-debt/
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Re: Innoson Vehicles Sues Imo State Government Over N2.5B Debt by saintjimos(m): 5:37pm On Jul 29, 2022 |
Imo state why Brother supporting brother in the mud |
Re: Innoson Vehicles Sues Imo State Government Over N2.5B Debt by marvellously(m): 5:38pm On Jul 29, 2022 |
Dem Neva see anything |
Re: Innoson Vehicles Sues Imo State Government Over N2.5B Debt by Naijanascam: 5:41pm On Jul 29, 2022 |
Hahahaha.......... this Man This is just the beginning Supreme court loading |
Re: Innoson Vehicles Sues Imo State Government Over N2.5B Debt by Mynd44: 5:48pm On Jul 29, 2022 |
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