₦airaland Forum

Putindbutt:
There is no ibo man dead or alive that is not tribalistic. When Gtb was giving you loan, I guess they weren't tribal at the time. You forged the bank documents to take delivery of goods, you were asked to pay back which you refused and then starts playing the tribal card upon litigation.

Why didn't his tribalism come up under the former management of the late CEO.

Let's learn to tell ourselves the truth sometimes. They had a business deal with whatever concessions or clauses in which the bank felt being in possession of his money gave them the upper hand.

Until they played out of luck.

FreeStuffsNG:
The title of the post should be "How To Acquire A Bank By Fraud".
Btw, the case is in court so let's watch how it pans out.

Sense is not Free even at FreeStuffsNG

In 2019 Innoson won a lump sum still accruing interest against GTBank at the Supreme Court.
His "fraud" should have struck out his defence at the apex court.

https://www.premiumtimesng.com/promoted/271885-clarifying-supreme-court-judgment-on-innoson-vs-gtbank.html

SpecialAdviser:
This guy should take over Gtbank if Nigeria is a country that respects the law.

Just that too much wayooo and injustice full the country.

But one with God is the majority.

It would be good if every commoner can get justice for this ill treatment by these fraudulent banks. I have been a victim of this scheme especially the scrupulous charges and fees.

Perhaps they assumed he ( Mr. Innocent ) was stark illiterate and had too much money above his capacity. Jokes on them. The authorities should play a fair hand in this case.

Innocent Chukwuma, chairman, Innoson Group, says he is waiting to take over the assets of Guaranty Trust Bank (GTB) due to “non-payment of his N32 billion”.

Chukwuma, in an interview with journalists on Tuesday, said the money owed him by the bank would soon surpass their capacity.

Innoson and GTB have had a business dispute leading to a prolonged legal battle.

Innoson had secured judgment debt against the bank in suit FHC/L/Cs/603/2006 and FHC/Cs/139/2012 respectively, which rose to over N32 billion due to accumulated interest.

In July, Innoson had asked a federal high court in Lagos to set aside an order permitting GTB to restructure to a holding company.

But the bank completed the restructuring — GTB is now known as Guaranty Trust Holding Company Plc (GTCO Plc).

The billionaire businessman, at the media briefing, recounted that his relationship with the bank had been extremely cordial during the tenure of Olutayo Aderinokun, late MD of GTB.

“I was GTBANK’s best customer in the south-east when Tayo, the former MD, was alive. Because of this, they opened a branch in Nnewi. After Tayo, the new MD took over. I don’t even know him. I saw him for the first time last year,” Chukuma said.

“They started fighting about tribe. I am not certain about this but I think the reason he (GTB) is fighting is because of tribe. I don’t know exactly what his problem is.

“But finally, I have proved him wrong in everything. I have defeated him in all the courts we went to. The only thing left is for him to pay me what he owes me.

“He was going to my account and taking money anyhow. I discovered it, took him to court and won. Up till now, he hasn’t paid and we have gone up to supreme court. Maybe he hasn’t paid because he wants Nigeria to change their law because of him.”

The CEO explained that he would no longer “disturb” the bank to pay the debt.

According to him, he would take over the bank when it gets to the point that the bank cannot pay the principal amount plus 22 percent accrued interest.

“The beauty of the whole thing is that the money is attracting the interest of 22 percent. So, I am waiting for the interest to be above their capacity so I can take over the bank,” Chukuma said.

“That’s what I am waiting for. I am not disturbing them anymore. I am assuring all the customers of GTB that if I take over, I would still run it well. They shouldn’t fear. I haven’t done any business that fails.

“I will run it better than them. If they cannot pay me, I have no choice but to take over the management.”

@ https://www.thecable.ng/innoson-chairman-im-waiting-to-take-over-gtbank-money-owed-me-will-surpass-their-capacity

Someone should please update the scorelines.

It is has no single utility. Better dump that useless asset.

Africans never think or invent just copy. Everyone wants to make a quick buck without considering underlying Fundamentals.

When the hype trains fails you would understand that you've been holding onto an air filled bag.

The ZOO peaked in 1979.

Argue with your PoliTheifcians

Banona:
Is he safe?

He is part of the casualties trapped under the rubble. Karma

Na Dem.

Educated Quacks. Are you sure he didn't down gbegiri with a bottle of agbo before conceptualizing this. Af*n*a.

The price of a commodity is whatever the highest bidder is willing/able to pay.
How much are you willing to pay inorder to eat ?
The answer to that question is the only incentive needed to exploit the food market.

Last year during the harvest season, you would have bought 25L of PalmOil for #7,000 in Akwa-Ibom and sold same for #18,000 in Port-Harcourt or #22,000 in Kaduna during the off season. If you sell in between that period you would have made less money. This applies to corn, rice, beans, onion etc coming from Northern part of the country.

That's small scale hoarding, now let's see the bigger picture. Imagine the influence posed by Agro-trading companies with deep pockets, who buy their stock ( usually 45 - 50% of the market ) from the biggest farms even before its planted, using Forward Contracts so as to get the best price.

Inorder to convince them to let go of their prized inventory before peak season, you have to pay a premium above the expected price. The price slowly builds up to the peak then the cycle repeats. Unfortunately a weak Naira and inflation makes it more expensive than the previous cycle.

It's no crime atleast in Nigeria. Everyone is trying to make a buck or more.

The Government should fix itself and the economy, apply a soft but hands-on approach in regulating the food industry and to me most importantly promote competition by funding grants etc. In a highly competitive market price efficiency kicks in and the consumer gets the best possible price for their food.

sharpsecret:
he has done his part by enlightening us...and we say thank u to him for showing us the way...it is now left for us the people of Biafra to carry on....freedom or we die trying

I tell you. That is the spirit we all need now.

With or without IPOB, MNK , whosoever and whatsoever, BIAFRA exists in all of us Biafrans and it remains our divine mandate to actualize it in this generation or the next. Someone will rise up and lead. No retreat.

To the detractors, you have failed woefully because we remain INVICTUS.

Zoo Games. Chaii

Topzee109:
See foolishness, i should leave what is happening at my backyard alone and talking about taliban abi


Wait i want to ask something, have you ever seen these people you call terrorists, or have they come to visit you or have any of your members being victims of their atrocities or did you have any evidence aside the media,
Note : am not saying they do not exist

You guys will criticize Muslims in your locality for crimes committed by people far away, you will insult Islam just because it's done in an Islamic area


But when it comes to your sect or religion, then religion doesn't matter


When it comes to crime like drug dealing, kidnapping, ritualism that happens on a daily basis, religion doesn't matter.

I lost 2 relatives in the Nyanya Bombings 2014 carried out by Muslim Faith.fools. This happened in my life not in some movie or media.

You should be ashamed of yourself and your types. Terrorists Sympathisers.

Passing blame to the media is the lowest and most evasive tactic used by Muslims nowadays.
Instead of you cautioning and acting against the Indoctrination of young children and promote education, you come online to spew refuse.

Topzee109:
Shebi that's outside the country, even outside Africa, did you know the source of the blast, no, but

What about your brothers, ipob, ugm esn who have been killing themselves for some months now

We are now used to 10 people were killed by unknown gunmen Every night

Before we sleep at night, there must be a post of calamity in the East sha by your bloodsucking brothers

Hypocrites oshi

Baba leave IPOB, UGM and ESN out of your Weak Sympathy for terrorism.

I won't address that because the crime is now attributed to these groups both independent and orchestrated ones, just to tarnish the image of the struggle for BIAFRA ACTULISATION.
Because it will serve no Biafran Group good PR to go on a killing spree of innocent common-place civilians. If the case was with the armed forces as victims of violence, then these lies would be believable.

We onsite, know more than those online ( you ); so leave it to us to sieve out the detractors in due time. No going back on Biafra.

This is also a friendly reminder, that we have sworn with our lives that ISLAM and terrorism with never get a footprint in Ala Igbo. It is already too small for us talkless of accommodating strange and dubious elements and beliefs. We resisted your Usman dan Fodio and your forefathers and we will do the same till infinite posterity.

Topzee109:
You know nothing about Islam, so just shut up

Less than 2 Hrs In and your Brothers In Faith have struck again.

100+ Dead in Afghanistan Child Suicide Bombing.

k4kenny:
Most of the most heinous crimes commited in history were done by non Muslims. You are just one of the many indoctrinated by the media into believing terrorism belongs to a certain faith or group of people. Emancipate yourself from mental slavery.

Peace out.

Here we go again with the Blame game.

I agree I'm Indoctrinated by the Media but we both will agree that these Media didn't Indoctrinate Boko Haram, ISIS, Taliban, Ansaru, Bandits, Al-Qaeda and the rest of your brethren.

Topmost is that, these terrorists were not Indoctrinated by a Pastor, in a Church with a Bible rather they were deceived by an Islamic Cleric, in a Mosque using a Quran.

So who is a slave now ?? The Earlier you guys admit that Islam has a fundamental problem or is actually false, the better for the rest of the world.

I won't really blame these Players.

They are plying their trade under the banner of a cursed entity. Nigeria is cursed, take it out and back. It stays the same just like the law of Gravity.

They better disengage themselves before this Corpse called Nigeria before it putrefies their Destinies.

Before you make a reply, go and consult Anthony Joshua and co.

Please what is keeping this thread alive

As a Nigerian atm, I want to state that Kenya is a huge margin on a better trajectory than this zoo called Nigeria. And this applies to all ramifications.

Unlettered:
Salam brother, Islam is a religion of rules and guidelines. In life, whoever is not guided by rules is either not living or has gone astray. E.g. to get a visa to a country, you have to accept and qualify to their rules and regulations. So what makes you think Allah SWT who’s the creator, sustainer and provider will just create all that is there to see with no rules to guide it?

Even a simple baby cradle has a manual on how to fix it which is being made by the crafter to guide you on how to fix it.

So i suggest you seek for knowledge or stay away from the said religion. Its your choice. Surah kafirun made it clear, islam is cant be forced on non-believers. You can join the islam and follow its rules and guideline of Quran and hadith. Or you stay away and do as you like. Simple.

W/salam

So do you qualify for Heaven by the number of Hours you pray or by actually being a good person.

As I said, this mentality breeds Hypocrisy.

According to your Explanation, A terrorist can be confident in his atrocity as long as he prays he a stipulated quantity of hours or so.

This is what differentiates True Faith from Earthly Religion

I have been monitoring my mentions by Muslim apologists with their weak defence.

I will respond to you all when I have time, in the meantime keep deceiving yourselves with useless lies

Reflect7:
I can't, because your greedy intent, which is to corner Nigeria's oil and gas resources under the guise of 'Igbo self-determination', never changes. The personnel might change, ig Ojukwu to Kanu etc, but the intent - to acquire that oil and gas of the Niger Delta, no matter how many of your dear Igbos are killed, remains the same.

Is it that Oil and Gas in Imo, Anambra or Abia we want to corner or which one ??
Better wise up and drop your old tricks

olatuns2017:
Hate with passion

Hell with ur all

Una trap they lagos waiting 4 u

Chaii... Pele Oloriburukuni

See self induced psychological torture.

Why the hate, did they buy out your ancestral land or out-competed your father out of business.

olatuns2017:
Irony
IPOBs winning Naija show

Woww, it is now clear that your anger and bitterness is not about IPOB but Igbos.
Keep Hating Us, You will disexist to see us thrive. Isee

richmond500:
Will your state survive if every states collects VAT because there will be different VAT for different states assuming each States collects its own VAT

States like IMO, Kebbi, Zamfara, Osun will need to have 1000% increase to break-even, meaning despite this, they won't still make profile from tax, while the most viable state like Bayelsa will have at least 200% increase to break-even, it is not rocket science to know that at least 30 states will go bankrupt.

States like Lagos, Rivers and Oyo will have people coming into the states daily in numbers due to massive inflation in their respective states which will lead to overpopulation in Rivers and Lagos(already overpopulated), only 3 States will keep progressing geometrically while the rest states will have a massive decline in commerce and trade.

Me, I no go like Almajiri and Ipob in Rivers state o, we never deal with cultism problem finish

This half witted fellow ehnn, how does VAT allocation relate to inflation.