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Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory (50720 Views)

Access Bank To Shut Down 346 Banks Nationwide (List) / BREAKING: N8.7bn Debt: Innoson Motors Moves To Take Over Gtbank / The War Between GTBank And Innoson Motors Explained By Adeyanju Deji (2) (3) (4)

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Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by DONADAMS(m): 8:58pm On Dec 19, 2017
dieBYfire:


cheesy
Wow you are so smart and reasonable, no wonder the only person that was suppose to be a fool in your family was used for rituals!!
Ask ur dad
lmao!!!grin.....na wa oh
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by manmidtexy(m): 9:02pm On Dec 19, 2017
Good post, i will like to know you, mingle, share ideas, views, and others with a beautiful mind like you.

People of recent days don't ever think again before they spit out rubbish in the public.


Osucoward:
When did EFFCC become GT Bank? grin This is EFCC not GT Bank.

Does Innoson owe GT Bank money? Did he give false information to obtain loan from GT Bank?

Did he sign a contract he neglected?

Did he 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.

Investors beware.

Zenith Bank is standing strong because the business wasn't built on fraud. GT Bank is standing strong because it wasn't built on fraud.

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by macaranta(m): 9:04pm On Dec 19, 2017
Guestlander:


If you borrow money you are required to pay it back or make an agreement with your creditors. Nobody is pulling anybody down, that is just the way it works. Credit is not free.
There was a law suit where Gtb was ordered to pay innosson around 4 billion naira right? Have they obeyed the court on that one before trying to seek justice for whatever grievance they have?
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Idrismusty97(m): 9:13pm On Dec 19, 2017
lonelydora:
Obasanjo did same to Ibeto but he bounced back. PMB/GTbank is trying to do it to Innoson. By God's grace he shall overcome. Watch Dangote open a car factory once they succeed in pulling Innoson down.


A call to all Igbos to boycott GTBank. We shall overcome.
Yes o! Boycott it! After all Igbos are the ones who developed GTbank, The only Nigerian bank listed in the London stock exchange thanks to Igbos. Go and develop your Diamond and Fidelity banks just like you develop GTbank. Igbos employees and top MDs in GTbanks should also boycott it, After all they will have automatic employment from diamond and Fidelity bank.

1 Like 1 Share

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Rekyz(m): 9:24pm On Dec 19, 2017
Guestlander:


If you borrow money you are required to pay it back or make an agreement with your creditors. Nobody is pulling anybody down, that is just the way it works. Credit is not free.
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Ashmark(m): 9:24pm On Dec 19, 2017
nairavsdollars:
Nigerians and pull-me down syndrome. Amadioha punish anybody who wants Innoson to crash

Pull Down syndrome as how?

This is the reason why Banks don't give loan to startup.

People will collect loan and refuse to pay

1 Like 1 Share

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by jaxxy(m): 9:28pm On Dec 19, 2017
Oloripelebe:
grin they should just settle it amicably jare


The guy should just sell off his remaining substandard cars in the east and pay up his debts.

Cos i know say some flatinoooos are ready to drench this thread with tears grin


Im not playing any tribalistic card here bt gtb is ridiculous and senseless. U don't lockup sm1 of such status/investment for owing u watever billions well unless it was a court order. Many big men owe money u can't imagine. U will be shocked! None have been handled this way. This is an upcoming industry dat shud be encouraged. How to get ur money shud be ur priority not this display of gangsterism.

1 Like

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Guestlander: 9:30pm On Dec 19, 2017
Alday:




So why where you harping about a liquidated loan or a current loan that doesn't exist?

Who said any loan was liquidated. The same principle of paying back your loans applies to banks as well.
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Ogaonos: 9:32pm On Dec 19, 2017
Osucoward:


Stop the lies.
c u.u dnt knw d country u ar in.u think nigeria na usa.ibb is owing u 1billion go nd carry policemen 2 throw tear gas at his premises.na even d police go arrest sey u wan threaten e life.u neva c wer big man go do biz finish go go police d boys wer suppose giv am e share go lie sey dem b armed robber.y is dt we always say nigeria na God.nd we put our trust in d lord in everythin.na wa 4 u or u b apc zombie.ther 1 news wer i watch on nta yrs bak wer one woman carry boys go wan senior ranked soldo rtd house wer dem kill d boys we hear d story again.na wa 4 u.u knw wat abeg if tinubu or obj dey owe u carry police go throw teargas.
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Osucoward: 9:33pm On Dec 19, 2017
Ogaonos:
c u.u dnt knw d country u ar in.u think nigeria na usa.ibb is owing u 1billion go nd carry policemen 2 throw tear gas at his premises.na even d police go arrest sey u wan threaten e life.u neva c wer big man go do biz finish go go police d boys wer suppose giv am e share go lie sey dem b armed robber.y is dt we always say nigeria na God.nd we put our trust in d lord in everythin.na wa 4 u or u b apc zombie.ther 1 news wer i watch on nta yrs bak wer one woman carry boys go wan senior ranked soldo rtd house wer dem kill d boys we hear d story again.na wa 4 u.u knw wat abeg if tinubu or obj dey owe u carry police go throw teargas.

I can’t make a sense out of this gibberish

2 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Osucoward: 9:34pm On Dec 19, 2017
jaxxy:


Im not playing any tribalistic card here bt gtb is ridiculous and senseless. U don't lockup sm1 of such status/investment for owing u watever billions well unless it was a court order. Many big men owe money u can't imagine. U will be shocked! None have been handled this way. This is an upcoming industry dat shud be encouraged. How to get ur money shud be ur priority not this display of gangsterism.

Lol tribalism.

So GT Bank should ignore innocents fraud because he’s Ibo.

2 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Olafisoyem: 9:44pm On Dec 19, 2017
In other countries the government would bail out local industries such as this one. It’s a shame

1 Like

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Oloripelebe: 9:46pm On Dec 19, 2017
jaxxy:


Im not playing any tribalistic card here bt gtb is ridiculous and senseless. U don't lockup sm1 of such status/investment for owing u watever billions well unless it was a court order. Many big men owe money u can't imagine. U will be shocked! None have been handled this way. This is an upcoming industry dat shud be encouraged. How to get ur money shud be ur priority not this display of gangsterism.



Boss, with all due respect.. .business is business,gtbank is not running a charity organization and the aim of any business is to make maximum profit. I think the matter is inbetween them and should be resolved amicably or the government should just step in so dat all other local investors won't be discouraged . Shalom

1 Like

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by smartpyzee(m): 9:48pm On Dec 19, 2017
psychologist:
Yoruba owned gtb vs IGBO owned innoson

2 Likes 1 Share

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Osucoward: 9:50pm On Dec 19, 2017
Olafisoyem:
In other countries the government would bail out local industries such as this one. It’s a shame

Which countries? Name them.

In America, innocents business would have been liquidated to pay his loans.

1 Like

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Ogaonos: 9:54pm On Dec 19, 2017
Osucoward:


I can’t make a sense out of this gibberish
oga osucoward dnt knw y u giv ursef dt name i knw wat u wan.u wan me 2 reply u wit insult den u reply lik wit anotha insult dt so dt u can enjoy d drama.wat i was expecting 4rm u was 2 say no u nt correct bro dis hw loan ar handle in d banking sector.dis y dey hav 2 resource teargas on innoson company.dt wat i was expecting. nt sarcasm.
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Osucoward: 9:56pm On Dec 19, 2017
Ogaonos:
oga osucoward dnt knw y u giv ursef dt name i knw wat u wan.u wan me 2 reply u wit insult den u reply lik wit anotha insult dt so dt u can enjoy d drama.wat i was expecting 4rm u was 2 say no u nt correct bro dis hw loan ar handle in d banking sector.dis y dey hav 2 resource teargas on innoson company.dt wat i was expecting. nt sarcasm.

I only understand English.

1 Like

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by jaxxy(m): 9:57pm On Dec 19, 2017
Osucoward:


Lol tribalism.

So GT Bank should ignore innocents fraud because he’s Ibo.

Not at all. I just stating my mind based on d facts and situation arrnd this issue. I neva said he shudnt pay up his debts im saying the manner they going about its is very wrong. The 1st person to speak up for innoson was eeven a yoruba man who shed sm light on wat transpired. Nobody owing d banks huge am has ever been bundled like a criminal in this country unless by govt vendetta. Also owing the bank money on a legit bizness is not called fraud else many Nigerians including dangote, Etisalat nig, mtn and dantata wud be fraudsters

1 Like

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Ogaonos: 10:01pm On Dec 19, 2017
Osucoward:

I only understand English.
abeg hold dis k 4 me.
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by jaxxy(m): 10:04pm On Dec 19, 2017
Oloripelebe:




Boss, with all due respect.. .business is business,gtbank is not running a charity organization and the aim of any business is to make maximum profit. I think the matter is inbetween them and should be resolved amicably or the government should just step in so dat all other local investors won't be discouraged . Shalom

Now I totally agree with u. The shud get their money offcourse bt not bt gangstersim and besides from wat deji revealed if true the was a 1st breach in agreement by gtbs payment dat innoson now capitalized on that causing this quagmire and back and forth accusations
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by donb06: 10:45pm On Dec 19, 2017
Guestlander:


What then is the problem between a bank and a car making company if not financial? I will like to see your evidence against GTB.
bro just google gbt - innoson issue and read the full details please am begging u tnx
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by GeneralOjukwu: 10:46pm On Dec 19, 2017
lonelydora:
Obasanjo did same to Ibeto but he bounced back. PMB/GTbank is trying to do it to Innoson. By God's grace he shall overcome. Watch Dangote open a car factory once they succeed in pulling Innoson down.


A call to all Igbos to boycott GTBank. We shall overcome.

Why can't you Igbos boycott Nairaland too upon all your rants and obsession with everything Yoruba-related?

2 Likes 1 Share

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Scout60(m): 10:49pm On Dec 19, 2017
Guestlander:


If you borrow money you are required to pay it back or make an agreement with your creditors. Nobody is pulling anybody down, that is just the way it works. Credit is not free.

who told you?
Mr know all....
when amcon was having issues with its loan, who order the closure, bank or court
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by donb06: 10:52pm On Dec 19, 2017
Guestlander:


If you are correct, then this is not about interest overcharge but fraud.
fraud by who?
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Scout60(m): 10:52pm On Dec 19, 2017
Osucoward:


It won't be our last.

We will get another one.

A honest businessman, not a fraudster.

It's not good to commit fraud.

Mr know all....
Since you know all, tell us what transpire between innoson and gt bank.
bank go wake and decide to harass people without court injunction then tomorrow u expect foreign investors to set in

1 Like

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by 2Mekus: 10:53pm On Dec 19, 2017
Osucoward:


Lol tribalism.

So GT Bank should ignore innocents fraud because he’s Ibo.

Some people are just damn blinded by their tribal sentiments in this country. Where was fraud mentioned in this case that you have to link it up with Ibos? Did you even try to find out the details of the story? Or you just want to spew out your hatred on anyone and anything Ibo?

It is GTB that has failed to comply with Supreme Court ruling ordering them to pay Innosun about N4bn for overcharging him on the loan he has already liquidated.
Read the whole story here and stop displacing you gross ignorance publicly.

https://www.thecable.ng/efcc-arr

2 Likes

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by Nobody: 10:56pm On Dec 19, 2017
It also happened between
Ibeto and Danote
Port Harcourt and lagos sea port
Now Innoson

I believe in one Nigeria
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by donb06: 10:57pm On Dec 19, 2017
jrusky:
I seems don't understand what is going on I think this shouldn't go these bad for goodness sake I pray this is resolve in a more better way.

Personally I don't want that company to collapse let the management seek better way out of these mess.

For all those turning this to tribal madness should just keep off and get life. This is a failed loan and no tribal jargons
pls just google the gtb - innoson fracas and read the full gist.... innoson has no failed loan....please just do it nairaland can be funny
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by pasol4real(m): 10:58pm On Dec 19, 2017
pedrilo:
look at dis foolish ignoramus! So u want GTbank to be liquidated because innoson is owned by an Ibo man? Are u serious? U r kiddin urself I swear
Thats exactly what will happen ti gtb in the nearest future .igbos wud start withdrawing all their money from the bank .
As for me i have already transfered all my money to my diamond account.

1 Like

Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by lsonyes(m): 10:59pm On Dec 19, 2017
Naijazeus:
Though I believe the man should service his loan cos he cannot be running his company at the detriment of another's. But just like Obama help G.E with bailout, the government can help with a long term loan. This indigenous company should not be left to die.
This is by far the only reasonable comment I've seen on this platform so far. I concur!
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by donb06: 10:59pm On Dec 19, 2017
Wyttcat:
Do you people think Nigerians are this stuppidd? Anyway the loan will still need to be serviced even when God bless Nigeria with a real indigenous car company in future, but for now let this back door Chinese made fraud of a car company pay his bills.

Even in real world, real men pay their bills. Stop being delinquent, pay up Innoson!
bro with due respect, try to carry out a thorough research on this issue and see who is to pay who tnx
Re: Police Fire Tear Gas At Innoson Motors Workers, GTB Moves To Shut Down Factory by rusher14: 11:05pm On Dec 19, 2017
Jupxter:
This is an attempt to dent the image of Innoson motors before the entire nation. It is unfair. Jesus ! Obama bailed out Ford, Chrysler and a few car manufacturing companies. Why can't the government step in to save Innoson? I saw Buhari gave about 8 Billion to farmers in Kebbi, spent over 80 Billion on oil exploration in the Chad Basin up there, why is it difficult for the government to intercede, and spare a few funds if not for dash, at least to save the jobs and image of this growing company?

If you say he isn't guilty of anything what money are you expecting the government to then pay?

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