Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,132 members, 7,814,952 topics. Date: Thursday, 02 May 2024 at 01:34 AM

Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" (50937 Views)

Innocent Chukwuma Innoson's Wife, Masquerade, Others Welcome Him Back In Enugu / Innocent Chukwuma's Wife: "I Was Slapped By EFCC Official" (Video) / Innoson Vs GTBank: EFCC Arrests Innocent Chukwuma In Enugu (Photos) (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply) (Go Down)

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by GameGod(m): 7:54pm On Dec 19, 2017
Osucoward:


Unfortunately, the number of social media likes generated with multiple IDs can't bring down that bank grin grin
U sef u notice am.

4 Likes

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Osucoward: 7:56pm On Dec 19, 2017
GameGod:

U sef u notice am.

lol cheesy

1 Like 1 Share

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by tokadigbo: 8:00pm On Dec 19, 2017
Guys, we are all educated on one way or the other and it’s good to know the facts before we comment and condemn one party over the other.

GTB financed importation of Goods for innoson. Innoson forged the bank’s Signature and stamps to clear the Goods from the ports. Efcc and police investigations have confirmed this. Till this minute, original shipping documents are with GTB. How did the Goods leave the port? Innoson should answer that question.

Rather than pay his debt to GTB, he filed an action against the bank alleging excess charges. This is a purely commercial issue which is currently before the courts and yet to be fully determined. The issue Efcc arrayed him for is forgery. Are u saying a criminal should go free because he is an indigenous vehicle manufacturer? Don’t forget, not just Innoson is facing criminal prosecution. Even the shipping company and shipping agents that facilitated the fraud are not left out of the investigation.

GTB and innoson should conclude their civil matter in court , while the law enforcement agents should be allowed to do their job as far as the issue of crime and fraud is concerned.

37 Likes 4 Shares

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Turantula(m): 8:01pm On Dec 19, 2017
Osucoward:


DAT bank will be okay even if you use winshy winshy eyes to stare at it. grin
Afonja spotted

2 Likes 2 Shares

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Yyeske(m): 8:01pm On Dec 19, 2017
Guys let's hear from both sides before we judge after all none of us were there when the transaction took place.
As I heard(I stand to be corrected), the case is in the supreme court already
Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by SalamRushdie: 8:01pm On Dec 19, 2017
Osucoward:
Do you owe GT Bank money? Did you give false information to obtain loan for GT Bank?

Did you sign a contract with them?

Did you commit fraud?

Ibo people should change from crying victim when they do wrong. A man that walked his two legs to the bank, took out loans and then refused to pay back, how is that a good business partner.

In the US, his business would have been liquidated to pay back his loans.


Ironically its GTB that has been owing him almost 3 billion naira for years now despite a court order tellin them to pay him..

2 Likes 3 Shares

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by ozoigbondu: 8:02pm On Dec 19, 2017
tokadigbo:
Guys, we are all educated on one way or the other and it’s good to know the facts before we comment and condemn one party over the other.

GTB financed importation of Goods for innoson. Innoson forged the bank’s Signature and stamps to clear the Goods from the ports. Efcc and police investigations have confirmed this. Till this minute, original shipping documents are with GTB. How did the Goods leave the port? Innoson should answer that question.

Rather than pay his debt to GTB, he filed an action against the bank alleging excess charges. This is a purely commercial issue which is currently before the courts and yet to be fully determined. The issue Efcc arrayed him for is forgery. Are u saying a criminal should go free because he is an indigenous vehicle manufacturer? Don’t forget, not just Innoson is facing criminal prosecution. Even the shipping company and shipping agents that facilitated the fraud are not left out of the investigation.

GTB and innoson should conclude their civil matter in court , while the law enforcement agents should be allowed to do their job as far as the issue of crime and fraud is concerned.
Stop shamelessly lying

https://www.premiumtimesng.com/promoted/248936-innoson-vs-gtbank-no-application-issuance-bench-warrant-innocent-chukwuma.html

http://lawpavilionplus.com/summary/judgments/?suitno=SC.694%2F2014%28R%29

9 Likes 1 Share

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Amarabae(f): 8:02pm On Dec 19, 2017
#boycottGTBank.
This hashtag is going to start soon.
Where are the Ipob?
Start it, let every Igbos both business people and civil servants boycott the damned bank .
If you are Igbo and you have an account with them, please go and withdraw all your money there and close the account.
#BoycottGTbank

8 Likes 3 Shares

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by seunmsg(m): 8:04pm On Dec 19, 2017
DerideGull:


Do you not think you are one among numerous reasons Nigeria is hell pity? For the sake posterity, ask yourself if EFCC is the correct agency or law enforcement department to involved in a contractual case between a citizen of Nigeria and Bank operating in Nigeria. This is a case of police not the political arm of government known as EFCC. This is the reason Ndigbo talk about marginalization and agitate for nation state. The so-called DANGOTE has never been invited talk less arrest by the witch hunting dog of Mohammadu Buhrai's government called EFCC.


The case against Innoson is that of economic and financial crimes and hence within the purview of EFCC.

7 Likes 1 Share

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Nobody: 8:11pm On Dec 19, 2017
SalamRushdie:

Ironically its GTB that has been owing him almost 3 billion naira for years now despite a court order tellin them to pay him..


My brother i think Innoson made an error. See if he had forfeited the 3bn and paid GTB it would have been better. Now faith in his company would be reduced substantially, profits will dwindle and investments as investors don't like inconsisutences, for the sake of the brand's reputation Innoson should have cut his losses short, paid the so-called kept, kept his repute intact and continued with business. Trust me, it would require consdierable time frame to rebuild the brand's identity

3 Likes

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by SalamRushdie: 8:13pm On Dec 19, 2017
Jupxter:



My brother i think Innoson made an error. See if he had forfeited the 3bn and paid GTB it would have been better. Now faith in his company would be reduced substantially, profits will dwindle and investments as investors don't like inconsisutences, for the sake of the brand's reputation Innoson should have cut his losses short, paid the so-called kept, kept his repute intact and continued with business. Trust me, it would require consdierable time frame to rebuild the brand's identity

Was he also owing GTB?

3 Likes

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Nobody: 8:15pm On Dec 19, 2017
SalamRushdie:


Was he also owing GTB?

No Gtb is owing him like you rightly said. Think about the damage done to his brand.Brov you must agree with me on this. See i've heard of a few instances where drivers stole Dangote's truck before he became extremely wealthy, he knocked it off told the managers that he rather forfeited the millions than allow his image get dented. It saved him in the long run he enjoyed patronage and is doing fine...You see the position i speak from?
Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by DerideGull(m): 8:15pm On Dec 19, 2017
tokadigbo:
Guys, we are all educated on one way or the other and it’s good to know the facts before we comment and condemn one party over the other.

GTB financed importation of Goods for innoson. Innoson forged the bank’s Signature and stamps to clear the Goods from the ports. Efcc and police investigations have confirmed this. Till this minute, original shipping documents are with GTB. How did the Goods leave the port? Innoson should answer that question.

Rather than pay his debt to GTB, he filed an action against the bank alleging excess charges. This is a purely commercial issue which is currently before the courts and yet to be fully determined. The issue Efcc arrayed him for is forgery. Are u saying a criminal should go free because he is an indigenous vehicle manufacturer? Don’t forget, not just Innoson is facing criminal prosecution. Even the shipping company and shipping agents that facilitated the fraud are not left out of the investigation.

GTB and innoson should conclude their civil matter in court , while the law enforcement agents should be allowed to do their job as far as the issue of crime and fraud is concerned.

Were you present when Innoson forged the bank’s Signature and stamps to clear the Goods from the ports? If this crap you wrote came out of your alleged reading widely, I suggest you stop reading at all. Do you know how many goods that disappeared out of Nigerians ports with forged documents? By the way, why would the bank’s Signature and stamps predict the clearing of goods in the wharf when the bank did not import the goods? The bank a person borrowed the money to import goods has nothing to do with the clearing of the goods from the wharf. The bank knows the importer who borrowed the money from it not the business at the wharf.

11 Likes 4 Shares

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Ilovemystate: 8:20pm On Dec 19, 2017
INNOSON VS GTB: Priceless Lessons For Young And Upcoming Nigerian Entrepreneurs

http://innosonmotors.com/innoson-vs-gtb-priceless-lessons-young-upcoming-nigerian-entrepreneurs-part-2/
One of the initial challenges Innoson faced during the construction of the vehicle manufacturing plant at Nnewi is the unlawful seizure and auction sale of about 25 pieces of 40ft containers of imported completely knocked down (CKDs )motorcycle belonging to Innoson Nigeria Ltd. It only took the grace of God for Innoson to survive the trauma that came with it. The value of the CKDs ran into Hundreds of Millions of Naira and a major part of the funds came from Bank loans.

According to Dr. Innocent Chukwuma, this period when the Nigeria Customs auctioned and sold his goods is the most turbulent period of his life. One of the things he carefully did was to find a way to avoid getting high blood pressure because he knew the development of high blood pressure might lead to his death.

The Genesis of Innoson Vs Customs Court Case
Innoson established the first indigenous motorcycle assembly plant in Nigeria and based on this effort, the Federal Government, through the Federal Ministry of Finance gave a concession to him to pay 5% on his imported motorcycle CKDs. The approval is in form of a certificate. The certificate runs for 12 months after which it is renewed.

Between October and December 2004, Innoson imported about 25 containers of motorcycle CKDs, his certificate was yet to expire. The certificate expiration was on 12th July 2005.
When the goods arrived in Nigeria, Innoson made efforts to clear the goods. He paid the required duty as calculated by COTECNA- the inspection agent and he was issued a Clean Report of Inspection (CRI) which showed the duty he was expected to pay.

His bank, GTB paid the money to the Federal government. And then he was issued with a Customs Revenue Receipt. The Receipt was issued by GTB that made the payment. The original copies were handed over to the customs.

After the payment of the duty, Innoson submitted all relevant documents to the Nigerian customs but the customs failed to release the goods. The goods were not released because they alleged that Innoson under paid the duty. When Innoson learnt of this, he referred them to the concession certificate which allowed him to clear its goods based on 5% duty rate.

In spite of showing the certificate to them, Customs refused to release the goods and showed his clearing agent a circular letter which removed the name of Innoson from the list of companies enjoying such concession.

Upon receiving the letter, Innoson protested by sending a written protest to the Minister of Finance. The Minister of Finance gave a directive through a letter to The Nigerian Customs to allow Innoson clear its goods. The Nigerian Customs then instructed their officers to allow Innoson clear its goods at the concessioned rate of 5%. The directive was also done in writing vide a letter dated 13/12/2005.

With the letter from the Minister of Finance as well as The Nigerian Customs, Innoson re-submitted its documents to the Nigerian Customs officials to enable him take delivery of the goods.

After the submission of the documents, they still delayed in the processing the documents. After the delay, he was given approval to take its goods as overtime cargo through a written approval dated 1st Feb 2006, 2nd Feb 2006 and 9th Feb 2006 for the three bill of laden respectively.

After receiving the written approvals, Innoson made attempts to clear the goods. After customs had passed the entry, Innoson could not locate the goods at the wharf. His clearing agent continued searching for the goods at the wharf until the 1st of March, 2006 when they learnt that 18 of the 25 containers had been sold by the customs.

Upon hearing the goods had been sold by the customs, Innoson contacted its solicitors to write to the Ministry of Transport, Finance and the Comptroller-General of Customs which they did.

After sending the letter, the Minister of Finance invited Innoson to a meeting. At the meeting, Innoson was referred to the Chairman of the Presidential Special Committee on Port Decongestion and the Comptroller-General of Customs. The meeting between the three parties was held on 12th May, 2006 at Customs office in PZ Complex, Ikorodu Town, Lagos.
At the meeting of 12th May 2006 with the Hon. Minister of Finance, Transport and the Assistant Comptroller General of Customs and other stakeholders, the Chairman of the Presidential Special Committee on Port Decongestion referred Innoson to the Assistant Comptroller-General of Customs. The Assistant Comptroller-General directed Innoson to forward all relevant documents to his office so that he can be compensated.

On 18th May, 2006, Innoson forwarded the documents requested for by the Assistant Comptroller General of Customs through his solicitors.

The Customs ignored the documents that was forwarded and sold the remaining containers. Innoson is yet to come to terms why customs sold his containers. First of all, he was not notified that his container was seized. He was not informed that his containers were to be sold.

The said containers never contained any contraband goods but contained motorcycle CKDs. He did not at any time abandon the containers containing the motorcycle CKDs at the port. He was never taken to court. Innoson was not aware that there was a court order to sell his goods. The Federal Government gave him a concession to pay less duty because he owns an automated assembly line and as a result of the promise to increase the local output. The assembly line had a workforce of about 750 workers.

The questions that remained unanswered include:
• Whether the Customs has the right to refuse the release of the goods as stated in the CRI? The CRI reflected the 5% concession.
• How long do goods stay before it is declared as an overtime cargo? Do goods stay in the port for 3 months and thereafter become overtime?
• Were the Customs Officials actually carrying out their official duties or was there a conspiracy to destroy Innoson by some people?
• There was a time lag between the periods the goods were to be cleared. Innoson never applied for an overtime clearance at any time. His goods were never gazette before they were sold.

Innoson had paid the duty as stated in the CRI but the customs insisted that Innoson must pay 30%.
Innoson was not given any notice to the effect that its containers were to be sold as overtime cargo after the approval granted to him to clear the containers as overtime cargo.

Even as an overtime cargo, there are procedures to be followed in selling it. These procedures were not followed. The usual procedure when there is conflict of figures for payment is for customs to lodge a protest.

Innoson is not aware that any committee was set up to sell his containers. The customs equally did not advertise the sale of his container in any newspaper.

The procedure the presidential Special Committee on Ports and the Customs for selling good by auction is as follows;

(a) To notify the owner of their intentions to sell the goods by auction.
(b) To give notice of the intended auction sale to the public through newspaper publication.
(c) Set up a joint disposal committee to sell the goods by auction.

None of these provisions of the law was adhered to in auctioning his goods for sale. Therefore the Presidential Special Committee and Ports decongestion had no basis for auctioning Innoson’s goods after all genuine efforts by him to clear its goods.

Based on the damages that were incurred by the seizure and subsequent auction of his goods by the customs, Innoson through his solicitors sued the Nigerian Customs to the Federal High Court, Lagos division.

The trial court therefore ordered the Custom to pay Innoson the sum of N2.4B being the cost of his goods and damages incurred.

Furthermore, Innoson got a garnishee order from the Court ordering GTB to pay the judgment debt of N2.4B to him. GTB decided to cry more that the bereaved by appealing the court ruling on the garnishee to the Court of Appeal, Ibadan Division.

However in a unanimous judgment, delivered on 6th February 2014, the Court of Appeal dismissed the appeal and affirmed the judgment of the trial Court and ordered the GT Bank to pay the said sum of N2.4B to Innoson.

Still aggrieved, GTB appealed to the Supreme Court. The Supreme Court is yet to deliver its judgment.

It is interesting to state here that GTB has withdrawn the money due to be paid to Innoson from Customs account with it and has held the money till date, doing business with it and has been making profit out of it

Priceless Lessons For Young And Upcoming Nigerian Entrepreneurs.

1. Embrace Honesty: make honesty part of your business policy in your dealings with Government, your bank, customers, suppliers and even business partners. It will become your best defense in turbulent times.

2. Have Faith In Judiciary: the judiciary is the last hope of the common man. If you are standing on the foundation of truth, no matter how hard your opponent fights to defeat you, the truth through judiciary will prevail.

3. When Right, Don’t Be Afraid To Fight For Your Right: no one, not even the Government should be too big to confront when fighting for your right. That’s why you should never undermine the next lesson.

4. Have A Sound Solicitor: business is warfare; there’s constant battle in the marketplace for brand visibility and loyalty, and there’s battle off the marketplace when disagreements arises between your company and other parties. This is why always enlisting the services of a sound solicitor that will defend you in court is a business necessity.

5. Always Demand For Written Documents: the world of business is full of countless promises and failures, so never accept any agreement verbally. Always demand for written documents to back up any claim, agreement, arrangement or contract. They are strong evidences in the court of law that will vindicate you when trouble arises.

11 Likes 1 Share

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by SalamRushdie: 8:22pm On Dec 19, 2017
Jupxter:


No Gtb is owing him like you rightly said. Think about the damage done to his brand.Brov you must agree with me on this. See i've heard of a few instances where drivers stole Dangote's truck before he became extremely wealthy, he knocked it off told the managers that he rather forfeited the millions than allow his image get dented. It saved him in the long run he enjoyed patronage and is doing fine...You see the position i speak from?

Okay here is the case : Some fraudulent custom officials deliberately auctioned a batch of innoson shipments of knocked down parts in error according to them under really sabotage like circumstances that almost grounded innoson , Innosson won the case in court and got a Garnishee order instructing GTB to pay innoson about 2.8 billion naira from the customs account , strangely GTB makes the deduction from the customs account but never remits it to Innoson but would rather start a cat and mouse game that has lasted years ..That case is a very suspicious case so I am wondering why gTB is the one making arrest , I even doubt this arrest has anything to do with GTB sef

2 Likes

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Ilovemystate: 8:22pm On Dec 19, 2017
part Two

http://innosonmotors.com/innoson-vs-gtb-priceless-lessons-young-upcoming-nigerian-entrepreneurs-pt-1/

INNOSON VS GTB: Priceless Lessons For Young And Upcoming Nigerian Entrepreneurs

Excess charges are unlawful, illegal and fraudulent and it is a crime

At all material times, Innoson Nigeria Ltd operates a current account with GTB. Subsequently, Innoson discovered that GTB imposed excess and unlawful charges in its current account.

Both parties agreed to invite an independent auditing firm that will be agreed by both parties, At the end, Multiwings Consulting Firm of Auditors was invited to properly audit Innoson Nigeria Ltd current account no 0043753636 domiciled with Nnewi Branch of GTB. The auditing covers a period from March 2004 to December 2011.

After the account was audited, it was discovered that GTB has been illegally deducting excess bank charges on its overdraft facility to Innoson to the tune of Seven Hundred and Eighty-Six Million, Two Hundred and Five Thousand, Nine Hundred and Fifty-Five Naira, Ninety Nine Kobo (N786,205,955.99).

GTB was shocked at the audit report when the report was forwarded to it. They replied in their letter to Innoson on 20th January 2012 that it will investigate the issue raised and will get back to him on the conclusion of its investigation.

In the month of September 2012, GTB wrote to Innoson that from their personal audit report, the excess bank charges was Five Hundred and Fifty-Nine Million, Three Hundred and Seventy-Four Thousand, Seventy-Two Naira, Nine Kobo (N559,374,072.29k). Innoson agreed to their version and decided to accept payment from it in the spirit of amicable resolution.

Innoson also requested that the said agreed amount of N559, 374,072.09k be paid with a 22% interest rate because he had been repaying all his debt with GTB at 22% rate. GTB refused and said the best they can repay is at 7%. This led to another disagreement between Innoson and GTB.

As a result, Innoson commenced suit No: FHC/AWK/CS/2012 against GTB at the Federal High Court, Awka and obtained judgment in excess of N4.7 Billion against GTB.

GTB appealed against the judgment to the court of Appeal, Enugu Division, appoxite Appeal NO: CA/E/288/2013. The court of Appeal Enugu in a considered ruling ordered GTB to pay the judgment debt of N6 Billion inclusive of the accrued interest and any interest that would subsequently accrue thereon into an interest yielding account in the name of the Chief Registral of the Court. GTB is yet to obey this judgment; however it went to the Supreme Court. The matter is yet to be resolved at the Supreme Court. Today that judgment debt is about N8 Billion.

GTB, having seen that the Judgment debts Innoson had against them is too much for them to bear and instead of calling Innoson to seek an out-of-court negotiation, they decided to initiate a trump-up charge against Innoson with an allegation of falsification of shipping documents and representing them as genuine in order to force Innoson negotiate with it from a position of weakness.

Excess charges are unlawful, illegal and fraudulent and it is a crime

For over 5 years that GTB had admitted it debited unlawfully excess charges from Innoson’s account; Innoson is yet to get his money from GTB

The reason why GTB have failed to pay their indebtedness to Innoson is still unclear.

Earlier on, the Federal High Court and Court of Appeal division in Ibadan had ordered GTB to pay the N2.4Billion belonging to Custom to Innoson. GTB is yet to obey this court judgment.

Irrespective of all the persecution Innoson got from GTB, he still persevered; he still fought his dream of establishing the first Vehicle Manufacturing company in Nigeria which today is a Pride to our Nation.

Innoson represents a hope and a guide to upcoming and young entrepreneurs who hopes to make a difference in our Nation. As a result, we are using this medium to bring this issue of illegal GTB charges to the attention of Nigerians in general and entrepreneurs in particular. #BewareofGTB

What Young And Upcoming Entrepreneurs Should Learn From It.

1. Monitor your money: don’t overlook any bank charges on your company accounts. Always demand that they explain the basis of every bank charges deducted from your account.

2. Get an Accountant/Auditor: they will help you uncover any fraudulent activities from your bank on your account.

3. Demand full disclosure upfront: when taking a loan from your bank or any bank, demand to know all bank charges upfront before accepting the money. Be ready to raise alarm if any sudden and hidden charges start occurring.

4. Demand all terms and conditions be stated in writing: any one can deny verbal agreements including your banker. So always demand for a written document for every terms and conditions or agreements reached with your banker.

5. Demand full payment with 22% interest: in the incident that you catch your bank stealing from you illegally through fraudulent bank charges, by law they are mandated to pay back all the money in 2 weeks with 22% interest. And if they fail to do so within 2 weeks, the law further mandates them to pay back all the money with 100% interest after the first 2 weeks elapses.

8 Likes

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Ilovemystate: 8:25pm On Dec 19, 2017
http://innosonmotors.com/press-release-efcc-arrest-innoson-motors-boss/

Press Release: EFCC Arrest on Innoson Motors Boss.


By choicearukweDecember 19, 2017COMPANY NEWS





Our attention has been drawn on a tweet by EFCC on its official twitter handle claiming that the gestapo kind of arrest of Dr Innocent Chukwuma (OFR) today at his Enugu residence was because he didn’t honor an invitation from the commission sent to him.

This claim by the commission is not factual and it tends to mislead the public and bring the personality and character of Dr Innocent Chukwuma to disrepute. Hence we want to state the true position so as to inform the general public the truth about this matter.

EFCC never at any time invited Dr Innocent Chukwuma either in writing or through any other means. We are aware that EFCC investigated GTB complaint against Innoson in 2012.

During the investigation he was invited and he honoured the invitation. After the investigation EFCC filed a charge against him at Lagos State High Court. The charge was subsequently struck out. However Dr Innocent Chukwuma and Innoson Nigeria Ltd appealed against the order striking out the case on the basis that it ought to be dismissed and not struck out. The appeal – appeal no. Ca/l/1330cm/2017 Is till date still pending at the Court of Appeal Lagos division. Till date, EFCC never invited Dr Innocent Chukwuma again.

On this recent arrest, Dr Innocent Chukwuma (OFR) has not been told officially the purpose of his arrest and he demands to know why.

Cornel Osigwe

Head Corporate Communications
Innoson Group

1 Like

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Nobody: 8:28pm On Dec 19, 2017
SalamRushdie:


Okay here is the case : Some fraudulent custom officials deliberately auctioned a batch of innoson shipments of knocked down parts in error according to them under really sabotage like circumstances that almost grounded innoson , Innosson won the case in court and got a Garnishee order instructing GTB to pay innoson about 2.8 billion naira from the customs account , strangely GTB makes the deduction from the customs account but never remits it to Innoson but would rather start a cat and mouse game that has lasted years ..That case is a very suspicious case so I am wondering why gTB is the one making arrest , I even doubt this arrest has anything to do with GTB sef

See bros, incase you intend setting up a manufacturing company soon, please take heed, anyways i always trust your objectivity with intellectual reasoning....I am expecting this. Once you're setting up a factory in Nigeria and import heavy manchineries to facilitate business growth, there's a machinery in the north that makes sure any Southern business doesn't work.Don't forget Ibeto cement, there are countless companies that folds up as a result. Which is why i said Innoson should have played the game by the rules and not seek vindication, in Nigeria, there's no justice at the moment !


By the way, we form a good team ! We're always on the same page on issues ( Supersystem here ! )
Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Ilovemystate: 8:30pm On Dec 19, 2017
Jupxter:



[s]My brother i think Innoson made an error. See if he had forfeited the 3bn and paid GTB it would have been better. Now faith in his company would be reduced substantially, profits will dwindle and investments as investors don't like inconsisutences, for the sake of the brand's reputation Innoson should have cut his losses short, paid the so-called kept, kept his repute intact and continued with business. Trust me, it would require consdierable time frame to rebuild the brand's identity[/s]
Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Nobody: 8:31pm On Dec 19, 2017
Ilovemystate:




get lost !

2 Likes

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Troublemaker007(m): 8:38pm On Dec 19, 2017
bedspread:
THE TRUTH IS THAT I AM CONFUSED ABOUT OUR NATION!!!!

I am more confused than you

2 Shares

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Oyindidi(f): 8:38pm On Dec 19, 2017
seunmsg:
I won't be surprised if our ipob friends come out to say Buhari is using EFCC to intimidate him because Igbos are supporting Atiku. To Igbos, everything is about Buhari and politics.
Una no dey tire?

5 Likes 2 Shares

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by SalamRushdie: 8:38pm On Dec 19, 2017
Jupxter:


See bros, incase you intend setting up a manufacturing company soon, please take heed, anyways i always trust your objectivity with intellectual reasoning....I am expecting this. Once you're setting up a factory in Nigeria and import heavy manchineries to facilitate business growth, there's a machinery in the north that makes sure any Southern business doesn't work.Don't forget Ibeto cement, there are countless companies that folds up as a result. Which is why i said Innoson should have played the game by the rules and not seek vindication, in Nigeria, there's no justice at the moment !


By the way, we form a good team ! We're always on the same page on issues ( Supersystem here ! )

Hey Super I knew you were the one from your style of writting grin grin... You are right there is actually a very effective sabotage in place
Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by miqos02(m): 8:39pm On Dec 19, 2017
U owe money?
Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Nobody: 8:40pm On Dec 19, 2017
SalamRushdie:


Hey Super I knew you were the one from your style of writting grin grin... You are right there is actually a very effective sabotage in place


For we young ones coming up we need to be smart o. Starting up my first company soon ! I'll try to import machines in parts. It's the smart way!

We should meet in the future oh !We need to do something for this generation...What do you think?

I was at Lekki/Ajah for two weeks, surprise how the entire environment is dull. No sign of Xmas atall anywhere..
Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by IfeomaRash(f): 8:40pm On Dec 19, 2017
This stupid EFCC should go and sit down and allow this two groups settle their differences amicably.After now they will say they are fighting corruption Ashiiiiii
Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by benifeanyi00556(m): 8:42pm On Dec 19, 2017
Osucoward:
Do you owe GT Bank money? Did you give false information to obtain loan for GT Bank?

Did you sign a contract with them?

Did you commit fraud?

Ibo people should change from crying victim when they do wrong. A man that walked his two legs to the bank, took out loans and then refused to pay back, how is that a good business partner.

In the US, his business would have been liquidated to pay back his loans.


This is innoson not Igbo people so why generalizing it. try get sense small abeg. U must not bring in tribalism in everything.

6 Likes 1 Share

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Phoniex23: 8:42pm On Dec 19, 2017
undecided
Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Nobody: 8:43pm On Dec 19, 2017
ozoigbondu:
Gtb have been deducting peoples money anyhow. They should pay the four billion they owe innoson

A country that has little to no industry are trying to frustrate one of the few it has
honestly! it is really appaulling!! i heard this man on TV say he has evidence that the bank is trying to steal his money and that the bank owe him 8 billion naira, the courts odered the bank to pay him, but the bank claimed if they pay him 8 billion they will colapse, so he told them to give him half of GTB bank so that he can help save the bank but they refused.

Now they are trying to intimidate him, i hope they don't murder him.

5 Likes 2 Shares

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by ekojoe(m): 8:45pm On Dec 19, 2017
You are a useless Bastard...
Stop being foolish because of cheap likes..
Everything is a tribal battle to you... Did you bother read his statement, have you done any research?
Useless child of a hopeless father..

People like you in this country are the reason we still act three centuries backward...

Foolish fool
Osucoward:
Do you owe GT Bank money? Did you give false information to obtain loan for GT Bank?

Did you sign a contract with them?

Did you commit fraud?

Ibo people should change from crying victim when they do wrong. A man that walked his two legs to the bank, took out loans and then refused to pay back, how is that a good business partner.

In the US, his business would have been liquidated to pay back his loans.


10 Likes 1 Share

Re: Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" by Ilovemystate: 8:46pm On Dec 19, 2017
Lothario:
You jobless bastard your mother should have swallowed you as a sperm rather than taking you in her cobweb p♡ssy

That's Yoruba man for you grin grin grin what they can't achieve and Igbo man is doing it grin grin

They can't pull Innoson down, Obasanja did it to Ibeto and Innoson, same with Aw.olo.wo. to Igbos after civil war grin grin

5 Likes 2 Shares

(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply)

Man Laments About The Tiny Hotel He Got For ₦12,0000 (Photos And Video) / How To Link Your NIN, BVN To Your Bank Account / Learn A Skills Or Handwork Today And Start Your Business This Year

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 88
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.