duro4chang:
Contempt of the court!

That will be the case if GTB fails to pay N14b to the deputy registrar of the court of appeal

ezigr8:
I see gtb filing a fresh civil action against innoson motors.....maka y innocent?

i dont think you understand this news.GTB will have to cough out N14B to the appeal court within 14 days

Seun this mischievous headline purports there was no supreme court judgement against GTB tp pay 14b.Kindly correct this headline now

Mynd44 and Lalastclala.This headline we lied about the supreme court judgement is mischievous!!! The press release was a clarification of the actual orders handed down by the supreme court last week

If GTB is claiming there was no supreme court judgement against them last week then there are surely lying!! There was a judgement against them to deposit N14b though not to innoson but rather to the deputy registrar of the court of appeal

This is the koko of last week's supreme court judgement.

On June 7, 2018, the Supreme Court struck out the application filed by GTBank on the stay of execution of the order of Court of Appeal. The N6Billion judgment debt, as at June 7, 2018, is over N14Billion.

Therefore as a result of the struck-out application, the Court of Appeal order that GTB should pay the judgment debt to the deputy chief registrar of the court within 14 days from the date of ruling (and which sum the deputy chief registrar shall pay into an interest yielding account in a reputable bank) takes effect immediately.

We are therefore right to state “GTB shall pay Innoson N14Billion judgment debt into an interest-yielding account within 14 days

GTB MUST COUGH OUT N14B TO THE DEPUTY REGISTRAR OF THE COURT OF APPEAL WITHIN 14 DAYS

The full innoson statement




There have been a lot of misinterpretations on the press release published by Innoson Group on the decision of the Supreme Court. Therefore, we deem it fit through this medium to properly address and educate the public on the factual outcome of what happened at the Supreme Court on the litigation between Innoson and GTB.

On December 9, 2014, the Court of Appeal Enugu Division, delivered a ruling and ordered Guaranty Trust Bank Plc (GTB), to, within 14 days, pay a Judgment debt of about N6Billion to the deputy chief registrar of the court who shall pay same into an interest yielding account pending the determination of GTB’s appeal.

However, GTBank, not satisfied with the ruling of the Court of Appeal, headed to the Supreme Court and filed a motion for stay of execution of the order.

The public should also note that the Judgment debt of N6Billion arose as a result of excess and unlawful charges which GTBank took from Innoson’s account domiciled with it.

On June 7, 2018, the Supreme Court struck out the application filed by GTBank on the stay of execution of the order of Court of Appeal. The N6Billion judgment debt, as at June 7, 2018, is over N14Billion.

Therefore as a result of the struck-out application, the Court of Appeal order that GTB should pay the judgment debt to the deputy chief registrar of the court within 14 days from the date of ruling (and which sum the deputy chief registrar shall pay into an interest yielding account in a reputable bank) takes effect immediately.

We are therefore right to state “GTB shall pay Innoson N14Billion judgment debt into an interest-yielding account within 14 days”.

Furthermore, we are aware that GTBank, in an affidavit sworn to on December 12, 2014 at the Court of Appeal Enugu Division, after the Court ordered it to pay the judgment debt into an interest-yielding account stated in Paragraphs 5,6,7 that:

5. The compliance by the Appellant (GTB) with this order of this Honourable Court of 9thDecember, 2014 will adversely affect the smooth banking operation….. and deplete the depositors funds in the custody of the Appellant (GTB) as the sum ordered to be paid will necessarily have to be paid from the depositors funds.

6. That the order contained in the decision of this Honourable Court appealed against will impact negatively on the operation of the banking business of the Appellant (GTB). Compliance with the order will have adverse effect of depleting the trading funds of the Appellant with the resultant effect of high probability of attracting the sanctions of the Central Bank of Nigeria.

7.The banking operation of the Appellant (GTB) will seriously be adversely affected and its capital base eroded.

Therefore, GTB is advised within 14 days to obey the order of the Court of Appeal and pay the judgment debt to the deputy chief registrar of the Court within 14 days from the date of the Supreme Court decision. The bank should take heed of the advice given to it at the Supreme Court to go and negotiate with Innoson.

For emphasis, the judgment debt arising from the excess and unlawful charges which GTB took from Innoson’s account with it is, as at today, is over N14Billon.



Cornel Osigwe

Head Corporate Communications
Innoson Group
https://www.premiumtimesng.com/promoted/271885-clarifying-supreme-court-judgment-on-innoson-vs-gtbank.html

wristbangle:
This could be a good score for GTB to pile more accusation against Innoson and have a flawless victory in court.

This man just shot himself on foot with his malicious and recalcitrant attitude.

Innosson still has the upperhand.I do not see how the mistake of innoson twitter handle saying the N14 billion will be paid to innosson instead of saying it will be paid to the registrar of the court will affect the actual substance of this case.

The fact remains there was a supreme court judgement against GTB last week

N14 billion will be coughed out by GTB immediately

The fact remains that GTB will still cough out N14billion though it wont go to Innoson for now until the case is finally decided.GTB will still cough out the money now

Jajahanos:
Shamefully

What exactly is shameful in those comments? Are massacres not been perpetrated against the middlebelt?He has the fucking right to his own opinion

And so fucking what!!!!He has the rights to his own opinion

SalamRushdie:
I expect his resignation not later than Monday.. A secular country like Nigeria has to show zero telorance for Bigotry in any form and that's why some of us will never ever tolerate that devil in Aso Rock called Buhari who is the apogee of nepotism and bigotry .

Did your werey oba of lagos resign when he made a worse comments about igbos

Because you have not yet removed.Oya quickly do that this evening so he can stop parading himself as senate president

It is even easier to impeach Buhari than to impeach Saraki.That man sabi politics

linearity:


I think the Presidency is interfering to seek a soft landing for Saraki.

If you observed very well, the switch from the demand for him to come to the station to submitting a written explanation happened after the closed door meeting between the IGP and VP.

Personally, I don’t think Saraki is involved directly with the Robbery, he can steal more money through a mere struck of the pen. But these are his thugs that do his dirty biddings in Kwara State and he is their financial.

Any good prosecutor can obtain a conviction if they charged him as an accessory. It can be argued that, he was an enabler through his financial contributions to this gangs.

You will first have to prove he gave them money in the first place

MartinCorridon:


If only PMB backs his supporters like Jibrin, Ndume at al., the likes of Saraki won't bully him so much.

But in trying to form Mr Neutral, he throws his supporters under the bus when the heat is on.

I want APC to witch-hunt PDP as they are claiming. In future when PDP seizes power, they too would have the chance.

Gradual persecution of looters would be welcome

YES, a Nigerian President can't be impeached. GEJ was the weakest of all and even then the Senators wouldn't dare.

PMB, was at a nadir when bedridden in London and even then they couldn't take him out

The same way we thought an incumbent president could not lose an election. This resolution was signed by Jibrin alone I can bet you this group does not exist in the NASS, even if it does it will be a miserable minority

IVORY2009:




All this can not work, don't forget the executive arms of govt controls the police, Army, DSS, SSS, etc and the legislators have nothing to full back to, what if BUBU chooses to withdraw all their security apparatus?

even if he does that it will not in any way stop his impeachment.

G

Jesusloveyou:
Honour the invitation and stay in jail for 21 yrs imprisonment

mumu he won't even spend a second in prison

doyinbaby:
why does catholic church pray to Mary and dead saints

Catholic Saints are not dead please

Anas09:

Your question is rhetorical because your answer is in your question.

This same mumu is here again after he ran away from the other thread after disgracing himself .He asked you a simple question. Answer it. That is the same type of questions you have been throwing about

SalC:

And you didn't look closer to see there is host in that monstrance?

since it was not consecrated by a Catholic priest it is not really a valid sacrament

oruma19:
see as catholics don invade dis thread like say dem rape their reverend father...lolz. religion don scata many pple head that they cant think again. both the woman and the catholics spewing trash are all ignorant. Jesus said if i be lifted up, i will draw all men unto myself...only the name of Christ is important, all these othr tinz u call sacramento abi na eucharesto na wash...olden days tinz,the times of Moses naim all those images make meaning,not now. i no blame catholics tho, at least they are beta than all these modern day fake churches and ministries put together. catholic is not after ur money like all d wayo tithe collecting, firstfruit collecting and special seed collecting churches we see around.

mumu do you know what is blessed sacrament or Eucharist? Why don't you people just shut up if you don't know what to say. Must you comment?

Follygunners:


Foolish pple.. keep deceiving urselves. There's nothing like that nonsense anymore. We're no longer living in the old testament.

did the body and blood of Jesus Christ exist in the Old Testament? If you don't know what to say just STFU

Anas09:

Guy, your lies won't safe you before the white throne judgement. Repent.

you are the terrific and ignorant liar. I just disgraced you by pointing out the facts to you. Next read up church history. You went to mention the Ethiopian and Syrian orthodox churches without knowing their history. Shame on you

Anas09:

Do you have a Bible or you read the Misal only? Should i go picking the locations where Paul planted Churches for you,won't you insist Ignatius planted them?

Gerarahia booh

Liar go ahead and show me where The Bible said Paul planted ALL the churches in Asia minor bloody liar

Anas09:

Why will hate what is not a person? Brother, repent from idol worship ir you'd end in hellfire with all the Popes.

is that why you are so ignorant? Go and study you won't. Just continue making dubious statements and disgracing yourself .

Anas09:

All the Churches in Asia Minor which were the Churches Apostles John received warning from the Lord for, were planted by Paul. Read Acts of the Apostle.

I asked you not to make any dubious claim that cannot be substantiated. Where are the proofs for this statement?

Anas09:

Are you sure that all the Churches today broke out of the Catholic Church?

Pls do your research and get the truth The Ethiopian Orthodox, the Syrian Orthodox and the Christian remnants in the Asia Minor (the descendants of the real Church fathers, not the ones the catholics are claiming were Catholics) whose land the Muslims have invaded now, killed and forced most of them to convert to Islam, never went with the Catholic doctrines.

The Catholic Church seems to be the bed rock of Christianity today because the Roman Empire which adopted Christianity as it's state religion (albeit, pretentiously) used it and from Rome it's sole seat of power power spread around the then known world.

Should we begin enumerating the various ways the Catholic Church tried to truncate Christianity as opposed to what Jesus commanded? For starters, we, as Christians are told to take the gospel and spread it to the ends of the earth, but the Catholic Church wanted it locked down Rome. In the hands of a few elite priests, in a dead language only few understands.

They wanted total control of the gospel. But satan doesn't know that the Holy spirit is in charge of the church on earth.


What Nimrod attempted to do by mobilizing men to build the Tower of Babel to keep people from obeying God by spreading, is the same thing Satan behind the Catholic Church tried to do, again.

Satan's tactics hasn't changed.

The Bible says, no idols, or images, but look inside the Catholic church.

The gates of hell shall not prevail against the Church.

Are you dumb or what? How can you come here to disgrace yourself like this? You do not engage in any argument like this without any sound knowledge of church history. The Syrian orthodox, Ethiopian orthodox,Assyrian church of the east and all Eastern orthodox churches broke out from the Catholic Church between the fifth to 11th centuries. A simple Google Search could have educated you.

Go and read about the non-chalcedonians, east-west schism etc The funniest thing about you mentioning them simply because you hate the Catholic Church is that they equally practice all the things you condemn in the Catholic Church including use of images,veneration of Saints, honour to Mary etc you are indeed ignorant

No

Anas09:

Hahahahahaha. bros, no be fight na. calm down.

a
Abeg which book of the Bible be 1 Correct?

Hmmm. I didn't say Paul didn't say that o, i said he (Paul) palnted the churches you tried to pass off to Peter. Peter didn't plant one single church in Asia minor. You talk about Church history when you neglect the heat beat of Jesus.

All the catholic church as taught you about Church history is lies. The same way the Muslims have been lied to.


The Catholic church New nothing about Christianity until the 4th century when satan tried to turn Christianity to Hellenism. He failed, he'll still fail.

I hope you don't mind listing the churches planted by Paul, Peter and the other apostles with irrefutable proof.Paul and Peter were not the only people preaching the gospel in the first century to begin with. BTW which church exactly was founded by Paul that I tried to pass off as Peter? I want historical proofs for any answers you provide here

Furthermore when these early preachers went about spreading the gospel they were not forming personal churches. The Church was one. None belonged to either Peter, Paul or any other apostles

BabaRamota1980:


Lontana abi wetin be ya name....let Obianu hear say you no show for work tomorrow. Let him hear...

shebi na everybody him go sack

We have cowards for Governors in igboland. Tomorrow we will know how many civil servants this fool can sack