₦airaland Forum

Osagyefo98:
Anyhow u put....we accept
Just let ur brothers learn to mind their business....simple....


It doesn't involve quarrel.

Your business is NEVER our business, we just pity you guys hence the support we always give you,but ingrate like you will never learn.

Wave your flag far away coz anytime you wave it in our faces we will seize and destroy it since you lack respect.

Osagyefo98:
Yes madam....we. Are not. Barbarians known for fighting.....



Just that u guys should stop stealing people's valuable property.

We all know whose trademark is stealing. From Lagos to Miami, Onitsha to Libreville, Enugu to Cape Town, Owerri to Malaysia.

Osagyefo98:
Is no quarrel....beautiful one...
U guys. Should just face Italy and Libya let's face our biafra...


I wonder why. Even u have not left for italy...

I remember when one of your cousin for Canada here wey never enter Nigeria for three years call us to come join am do naming ceremony that his wife has given birth to a baby boy.

How una take dey do am sef? Una dey use Whatsapp give una wife Belle?

freemanbubble:
We Edo people say no to Biafra

As dem carry dey wave the smelling flag for my people face na dem kuku seize am.

Eboh deh!

Make dem come bail am.

Osagyefo98:
Obaseki
Oba of benin warn ur people


Edo is not part of biafra
We don't need una in any of our business
Stare clear of our matter...


Why looking for who doesn't look for your problem

Make una face una Italy, let's face our biafra.

We have Oba you can even mention,who is your king?

Oh sorry you only have village heads in your autonomous clan.

Ewobi!

Osagyefo98:
Even outside, edo is afraid of biafra

If truly the Edos are scared of Biafra, why didn't your biafrans fight back instead of going to court?

The Edos don't give a hoot about your Biafra shit and your flag is not even worth our toilet paper.

So park well.

spirul77:
I don't know how true but close friends says this guy is bleeping Aisha buhari

I have heard it too and it seems Buhari is aware.

Buhari is a smooth criminal.

We all know this already, his followers are mostly illiterate who has been so deceived by his pious life, and non-exisitence integrity and the other set of followers are doing it to remain relevant in politics.

Follow who get mumu followers.

Germannig:
Notice how GT Bank runs from Lagos court to Ibadan court looking for a Yoruba judge that will be tribalistic enough to subvert the rule of law.

How ''shopisticated'' are Yorubas?

Had it been GT does not have branches in SE, it would quite likely escape this judgement based to Yoruba tribalism. Next GT will go to Ogun, Osun to seek further FAKE court moves. I hear Innoson is sealing the GT branches in SE. That way they can get their money back. Any Yoruba supporting GT on this is evil and I pray your own money is stolen by your own bank.

You guys should quit this GTB is yoruba bank narrative. There are a lot of igbos in working with GTB and some Igbo's are even in the management team. The chairman of GTB is a Benin person.

These is between two indigenious companies in auto and banking sector doing Nigeria proud but one is trying to play sabi sabi.( based on what I read)

GTB running from pillar to post won't help them, if they are smart they should hold private meeting with Innoson to resolve this wahala.

victorian:
I'm like that.

We will die here! I tried something similar years back but no kids involved, I got a black eye and fingers were cut off but was quickly rushed to theatre by my fiance back then and stitch back by a surgeon.

I thought I lost my one of my eyes but God saved me .

It takes mad guts!

Wow! You are a real man. Glad to hear this.

dominique:
Who says you can't do both?

You too get sense. Chop knuckle.

JasonScoolari:
A fight between the slaves and their masters.

Lol.

Them go dey yonwe for the guy then when e mention bubu. See dem now.

..... they come barb moonshine. Shege!!!

nairalaila:
A Nigerian man took to Instagram to narrate how he saved his wife and two sons from Kidnappers, in Lekki area of Lagos State.According to the Nigerian man, he saved his wife and sons from the kidnappers who abducted them by chasing them with another car. He succeeded in cutting them off which eventually led to the arrest of one of the kidnappers.

He wrote;
J

https://unclesuru.com/2019/04/08/man-narrates-how-he-saved-his-wife-and-sons-from-kidnappers-in-lekki/



lalasticlala, seun, mynd44, dominique

Not all parents will try that. Most will be scared of hurting their family.
This is bravery and can be likened to kpata kpata we go die today.

...hmmmm. That girl sha?

Even if it will sink. Let's enjoy it while it last. Living in the island is still more secure and peaceful than suburbs.

Reclamation is advancement, Dubai n co are doing it. We all know how Maroko(Osborn) was in the late 80's to early 90's.

That grey Dada hair is an hypocrite. Her anger was why the southerners were all fighting for late kolade and according to them only one person died

Arizonaaddict1:
they were shouting 4+4 some even go celebrate ontop bridge wey atiku construct for them no pity for the wickeds all northerners make dem enjoy the full security wey buhari give them

Nor mind all the hypocrites them. The woman shouting she loves baban to the moon was silent before the election and she wouldn't had said anything if her brother was not a victim.

The other silly journalist with grey hair like one of the three witches in Macbeth is insulting a governor who has no power over security agencies,she interviewed buhari and never deemed it fit to ask about Zamfara even when the killings was getting out of hand. Her in-law is a state governor in Kaduna were the killings are even worst but she kept mute.

These people deserves what they get and only an idiot will pity people who loves their oppressors.

Sterope:
What mining? People are dying and you are talking about another conspiracy theory.

What's killing them? Keep deceiving yourself by using the clout of conspiracy theory to conceal the truth.

Yomzzyblog:
From; YomzzyBlog.com

Nollywood actress, Tonto Dikeh has continued to blast her ex-husband, Olakunle Churchill after she was accused of selling his car.

Gists via: https://www.yomzzyblog.com/2019/04/tonto-blasts-ex-husband-after-she-accused-of-selling-his-car.html

Tonto can't be this bitter if Churchill did not hurt her deeply. This bitterness is from the heart of a scorned woman.

Baban Buhari, I am not really angry with you for the insecurity,I am just a "little pissed"

I will get really "pissed" when everyone in Zamfara is killed.

. Funny northeners.

No time to check time.... Akpokor dem

See his sitting position like ....

This case is not ending soon.

There is something both parties are not revealing.

Let her family raise the money.

They've all benefitted from the illegal gold mining, what is happening in Zamfara is conflict of mining interest and its local so they should deal with it locally by naming/shaming those responsible which is an open secret in Zamfara.

Also they should continue holding their leaders responsible especially those they voted and stop being "a little pissed".

SarkinYarki:
Can she shut up and enjoy the next level she voted for !!!!! I declare in the Name of Jesus that Buharis wickedness and incompetence will not affect those of us that didn't vote for him but for those that voted and supported him they will be thoroughly thoroughly affected !!!!

This na correct prayer oh....loz

Whoever made this discovery nor well.

No food is 100% healthy if you consume it like a glutton.

THE BEGINNING
Many may not know that the epic and ongoing legal battle between industrial mogul, Chief Dr. Innocent Chukwuma, OFR and Guaranty Trust Bank Plc was actually triggered by the actions of a third party – The Nigerian Customs Service – which unlawfully seized and auctioned goods worth N2.5 billion belonging to Chief Chukwuma’s company, Innoson Nigeria Ltd.

Aggrieved by this action, the company headed to court and obtained judgments from the Federal High Court, Ibadan, presided over by Justice J.E Shakarho, which found in the company’s favour and ordered the NCS to refund the cost of the goods with interest on the judgment debt from date of commencement of the action until the final liquidation of the debt. GTB which held the bulk of the Service’s money surprisingly refused to pay the judgment debt to Innoson Nigeria Ltd and opted to appeal the judgment even when it was not a party in the suit.

The company, as a consequence of this, initiated Garnishee proceedings in the court against seven banks, including GTB that maintained accounts for the Nigerian Customs.

The court after previously dismissing a motion of stay of execution of the judgment, in a ruling delivered on the 29th of July 2011, upheld the company’s application against GTB and two other Garnishees and ordered them to pay the judgment debt with interests, which then stood at N2.4 billion.

GTB promptly appealed the order, but the Ibadan Division of the Court of Appeal in a judgment delivered on the 6th of February, 2014 in case number CA/1/258/2011, unanimously dismissed the appeal and upheld the decision of the lower court and ordered GTB to pay the judgment debt.

The Police/ EFCC Angle
Angered by GTB’s refusal to comply with the decision of the Federal High Court, Ibadan, Innoson informed the bank that it will refuse to discharge the balance of existing credit facilities earlier extended to it by the bank until it (bank) paid the judgment debt of N2.4 billion or in the alternative, the bank should deduct the said balance from the judgment debt and pay him the balance thereto.

In reaction to this proposal, the bank via a letter dated July 15th 2011 and captioned, “Indebtedness of Innoson Nigerian Limited to Guaranty Trust Bank,” ordered Innoson to liquidate the balance of the credit facility within 14 days from the date of the letter failing which the bank would be constrained to commence recovery action against him. The bank claimed the sum of N1.3 billion as the total debt owed to it by Innoson.

In his response to the letter, Innoson reminded the bank that the said credit facilities had not expired since it had just been renewed on the 2nd of March, 2011, adding that he had also paid the sum of N29.7 million as management fee. He also reminded them that he had just secured a judgment against the Nigerian Customs Service assuring the bank that he would liquidate the credit with his residual balance with the bank.

Not comfortable with the proposal GTB wrote a petition through its lawyers to the EFCC accusing Innoson of deliberately refusing to honour its financial obligations to the bank. Subject to the petition, EFCC invited Chief Chukwuma as Chairman of the company to its office on the 26th of September, 2011 during which he explained everything about the case starting with the unlawful seizure and sale of his goods by the NCS to the court ruling mandating the GTB to pay Innoson the judgment debt. He told the EFCC that he had not defaulted in any payment to the bank and presented evidence that he was paying the bank until the judgment of the Federal High Court Ibadan, was delivered. He explained that his disagreement with the bank stemmed from his request that the bank recovered the balance of the credit from the judgment debt due to be paid by them to his company.

After his explanations, the EFCC took no firm decision on the case except to advise Chief Chukwuma to continue paying the debt until the bank’s appeal against the decision of the Federal High Court, Ibadan was resolved.

Meanwhile, while these were going on, Chief Chukwuma observed some inaccuracies and ambiguities in the bank’s debt claims against his company and decided to carry out a forensic audit on his account with the bank. After a careful examination of the records, the auditors delivered a report showing that
the bank, through various devious means, imposed illegal charges and unexplained debits on the company to the tune of over N786 million. The report was duly delivered to the bank which subsequently came out with their own version of the audit and via a letter dated Sept 26th, 2012, admitted that the illegal charges and unexplained debits on the company’ account amounted to only N560 million and not N786 million. The bank then asked Innoson to deduct the N560 million from its debts and pay the balance. The EFCC agreed with the GTB version and wrote a letter to that effect to Innoson Ltd.

Chief Chukwuma, however, agreed with the bank’s proposal but insisted that having admitted to making illegal charges and debits on its accounts; the bank ought to refund the sum with interests at the bank’s same 22 percent rate that he was paying on his credit to the bank. He pointed out that this was also in line with Central Bank Monetary Policy Circular N0. 39 for 2012/2013. The bank turned down this request and instead offered to pay seven per cent, which Chief Chukwuma understandably, refused to accept.

To Chief Chukwuma’s greatest shock, rather than advise the bank to comply with his request for parity in the interest rates Innoson Ltd and GTB were to pay on their debts to each other, EFCC slammed him with a forgery charge which was never mentioned throughout its investigations and not even in the report of their findings. The EFCC filed charge No. ID/ 197C/2013 against Chief Chukwuma and his company at the Lagos High Court but it was struck out. Innoson, however, filed a motion on notice at the Court of Appeal Lagos Division, praying among others that the EFCC be restrained from filing a further charge in respect of the same subject matter until the determination of the Appeal nos CA/L/1328CM/17; CA/L/1329CM/17 and CA/L/1330CM/17.

The police suddenly appeared on the scene at this point apparently at the instigation of the bank and filed Charge No. FHC/L/565c/2015 at the Federal High Court on the same subject matters as was contained in the EFCC charge. The police however subsequently withdrew the charge citing the need for further investigations.

But no sooner did they do so than, the then Director Public Prosecution (DPP) of the Federal Republic of Nigeria, Mr Diri, suddenly appeared to claim that he had taken over the charge/case on the instruction of the Attorney General of the Federation. It is believed that Mr Diri’s involvement in the matter and the complexities that arose therein that led to his sudden removal as the DPP of the Federal Republic of Nigeria. The charge is to date, still pending at the Federal High Court Lagos Division and some of the issues arising from it are still pending at both the Court of Appeal and the Supreme Court.

Even as the charge was pending, the EFCC inexplicably invaded the Enugu residence of Chief Chukwuma on the 19th of December, 2017 and arrested him. The public outcry that greeted that adventure was what actually brought the Innoson Ltd/GTB battle to the public domain, raising eyebrows and sending tongues wagging across the country as to the real motives behind EFCC’s intervention in the matter. Chief Chukwuma has since filed a N30 billion suit against the EFCC alleging the violation of his fundamental rights and that of his wife.

The EFCC thereafter, filed another charge no. 1D/6696/2017 at the Lagos State High Court Ikeja on the same subject matter as in Charge No. ID/ 197C/2013 that was still pending at both the Court of Appeal and Federal High Court Lagos.

Despite these facts and without service of any court proceedings on Chief Chukwuma, Justice Mojisola Dada of the Lagos High Court issued a bench warrant for his arrest on the 9th of February, 2018.

The astonished business mogul in a letter dated 12th February 2018, petitioned the National Judicial Council urging it to investigate the circumstances surrounding the issuance of the warrant.

In a letter NJC/18/S.24/LAG. HC/7/1/245, dated 4th June 2018 and addressed to Chief Chukwuma, the NJC declared that at the end of its deliberations on the petition, it found no act of misconduct on the part of Justice Dada. The Council, however, ordered that the case be returned to the Chief Judge of Lagos State for reassignment to another judge.

Decisions of Court of Appeal and Supreme Court on the matter
Before this, the Federal High Court, Awka, presided over by Hon. Justice M.T Salihu, had on the 16th of May, 2013, entered a final judgment in the sum of the N559, 374, 072.09 in favour of Chief Chukwuma and his company against GTB as per the bank’s written admission to have made illegal charges and deductions on the company’s account together with interests on the admitted sum to be paid from 12th, March, 2004 and at the same rate of 22 per cent till satisfaction for the judgment debt. In addition, GTB, was ordered to pay a penalty of 100 percent of the amount as provided by the Central Bank of Nigeria Monetary, Credit Foreign Trade and Exchange Policy guideline for the fiscal year, 2012 (Circular no. 39 of January, 2012.

When GTB failed to comply with the judgment, Chief Chukwuma filed an application before the same Court for an order of garnishee that debts due to GTB from the Central Bank be attached to satisfy the outstanding judgment debt.

In a ruling delivered on the 23rd of May, 2013, the Court upheld the application and granted the order of garnishee nisi that debts due to GTB from the Central Bank be attached to satisfy the outstanding judgment debt due to Innoson (as judgment creditor) and which along with the interests and the 100 per cent penalty then totalled N4.73 billion.

Not satisfied, GTB appealed the ruling but the Court of Appeal, sitting in Enugu, on 8th of December 2014, affirmed the ruling of the lower Court and ordered the appellants to pay the judgment sum which had by then, upon calculation of the interests, risen to N5.93 billion, to the Deputy Chief Registrar of the Court within 14 days from the date of Judgment with the sum to be deposited in an interest-yielding bank account pending the determination of the appeal. The Court also refused to grant the bank’s application for stay of execution of its ruling.

The bank took the matter to the Supreme Court asking the apex Court to grant a stay of execution of the Court of Appeal decision pending the determination of its appeal. However, in its ruling delivered on the 7th of June 2018, the Supreme struck out GTB’s motion for stay of execution until it obeyed the ruling of the Court of Appeal to pay the said money into an interest yielding account. Innoson’s lawyer, Professor McCarthy Mbadugha had during the proceedings, informed the Supreme Court that the judgment debt had then climbed to N14 billion with the interests.

Reliable checks showed that as at date, GTB was yet to comply with the order of the apex Court even as the interests on the judgment debt keep rising every day and will be calculated as ordered by the Court relying on the provisions of Central Bank of Nigeria Monetary, Credit Foreign Trade and Exchange Policy guideline for the fiscal year, 2012 (Circular no. 39 of January, 2012).

Also legal experts have described GTB’s position as difficult, stressing that not only is the bank bound to obey the orders of the Court but it would also have to contend with the potential consequences on its operations and customer confidence.

The bank had raised the same fear in an affidavit deposed on its behalf by one of its lawyers, Moor Kuman, and attached to its application for variation of the order of Court of Appeal for deposit of the judgment sum with the Chief Registrar of the Court.

The bank declared among other things, that compliance with the said order of the Court “will adversely affect the smooth banking operation of the Appellant/ Applicant and deplete the depositors’ funds in the custody of the Appellant as the sum ordered to be paid will necessarily have to be paid from the depositors’ funds in the custody of the Appellant.”

The experts were of the opinion that pursuit of a peaceful out- of-court settlement with Chief Chukwuma appeared to be the best option for the bank under the circumstances.

Why will he even bother about the car?

He is lucky this is Nigeria, ordinary small divorce wey that amazon guy Bezos abi na Benza and the wife do see as the wife waka with $35Billion GBIM!!!

This one dey fight for less than $90k car.

..and the man woke up suddenly after a terrible nightmare...staring at the mother of his kids lying beside him, he asked her "woman who are you"?

THE END.