₦airaland Forum

nawtyme:
This should be a wake up call to all Nigerians. Let's show these bastard that they are nothing without us. We
Imagine 10000 people having only 10000 naira in GTB and they all close their accounts?

Caveat... If you close your account please don't go close to UBA.

UBA will finish you with charges

There are only two banks in Nigeria. GTBANK and OTHERS.

sarrki:
N I challenge you to bring where I disagree with inoson?

I am a strong voice in inoson matters

Please check all the thread on innoson versus Efcc

Be man enough to apologize

In one of your post I read yesterday, you alluded to him being a fraudster so why the switch now?

Fucck him, hungry man. Close your troublesome kobo kobo account.
All Igbos should close their accounts with GTB and all the Igbo staff should resign as well
Fools

If he owes bank let him pay which one is sentiment and religion in this...if innoson is not paying his debt how do you get interest.

manny4life:
In one of your post I read yesterday, you alluded to him being a fraudster so why the switch now?

Bring that post

We don't need to argue

Jesusloveyou:
Stupidd man.
Is people like this, that is making this great country to be backward in every thing

Are you sure you are alright?

gtb really made some serious mistake with this issue
this is a very sensitive issue and the fact that they have kept quiet also shows that they have something to hide
although the case is still in court.

itsdumebi:
@POLITICSNGR

A man identified as Chukwudi Iwuchukwu has allegedly shut down his bank account with Guaranty trust bank following the recent issue the bank has with Innoson motors boss, Chief Innocent Chukwuma.

It will be recalled that Chukwuma was arrested by the Economic and financial crimes commission, EFCC, in Enugu on Tuesday morning. He accused GTB of being behind his ordeal because of a debt the bank owed him.

Iwuchukwu took to Facebook to announce his decision;

This morning, I walked into the nearest GTB branch and requested for a form to close our company account with them.

The gorgeous lady who attended to me wanted to know why I was closing the account and moving the funds to Zenith bank.

I told her is very simple! I’m taking this action as a form of protest to the bank for the way they handled the Innoson saga and most importantly, for victimizing the man simply because of business transaction that went wrong.

Not only this, I have been on the phone since morning talking to 2 of my friends who are billionaires and who have billions of their company’s fund with the bank to move it as well.

Thank God they have done that, one authorized his accountant to move the funds from GTB to first bank, the other one from GTB to Zenith bank

The lady was dazed and I think it is very important the management of GTB get this memo.

I’m not a tribalist, I avoid tribal sentiments 
but you see there is a limit to what you see and observe happening to your people without taking action to protest.

What Innoson is going through in the hands of GTB is corporate wickedness and witchcraft.

I call on young And older entrepreneurs who have their business funds in that bank should move it today, not tomorrow but today in solidarity with our brother, jewel and one of our brightest son who slept in EFCC custody last night because of GTB.

We need to boycott GTB for being a useless bank and boycott them for good.

They are not the only bank in Nigeria.

Nonsense!

https://politicsngr.com/2017/12/20/man-closes-account-gt-bank-innoson-saga/

For every account you close with GTB, 10 will be closed in Diamond bank and other banks that has any connection with Eboes. Let us see who will suffer the most. Short sighted Mgbeke's.
Useless bigots...

Neoteny:
You believe the crap propaganda innoson is pouring out?

The conman owes the bank and evaded arrest.

You think GTB as a serious business will actually soil its image and reputation over a paltry sum? You think the EFCC will attempt to arrest the crook just because GT says so?

Be wise.

You probably just heard of this case . Check what this case is all about b4 comenting plz.EFCC did not arrest innoson cos he owes GTB money . Everybody except you knows GTB owes innoson monies rasing from overcharging and illegal deduction which on its own it's criminal . These are facts even the Bank already admitted to in court and judgement passed . So where you getting ur ow ideas frm I dnt know

Extremely funny https://www.instagram.com/p/Bc65hjqFVF6/ check it out, N dont forget to hit d follow button��

The people handling this issue on behalf of GTB really messed up.

Nigerians are desperately looking for a scapegoat to punish for all the challenges of this change era... GTbank con buy igbese .

once this boycott enter twitter and facebook and it starts trending... GTbank like play like play can just fold up.

lonelydora:
Just watch before January ending...how Igbos will withdraw all their money in GTbank.

We knew already, followed follow mentality. It will take a serious steps to reset your brains. Igbos are always persecuted.

Jesusloveyou:
so because they arrested his kinsman for failing to honour his obligation.

This is the same reason they hated buhari just because he defeated their ineffectual buffoon.

itsdumebi:
Below are key points to know about this huge dispute as composed by Enyinnaya Appolos;

1 - At all Material times, Innoson Nigeria Ltd operates a Current Account with GTBank.

2 - Innoson obtained, and had repaid same, a loan of N1.3billion from GTB Which was secured with a legal mortgage of its properties valued at more than N1.4billion.

3 - Innoson discovered that GTBank imposed excess and unlawful charges in its Current account.

4 Innoson Group Complained to GTBank on his discovery of access charges on his account.

5 - Both parties ( Innoson and GTBank ) agreed to invite an independent auditing firm that will be agreed by both parties.

*6*- At the end, MULTI-WINGS Consulting Firm of Auditors was invited to properly audit Innoson Nigeria Ltd Current account No 0043753636 domiciled with Nnewi Branch of GTBank. The audit covers a period from March 2004 to Dec 2011.

7 - After the account was audited, it was discovered that GTBank has been illegally deducting excess bank charges on its overdraft facility to the 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).

8 - GTBank 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 Innoson on the Conclusion of its investigation.

9 - In the month of September 2012, GTBank wrote to Innoson that from their personal audit report, the excess bank charges was Five Hundred and Fifty-Nine Million, three Hundred and Seventy-Two naira, Nine kobo ( N 559.3Million).

10 - Innoson agreed to their version and decided to accept payment from it in the spirit of amicable resolution.

*11*- Innoson also requested that the said agreed amount of N559.3million be paid with a 22% interest rate because Innoson had been repaying all his loan with GTBank at 22% interest rate.

12 - GTBank refused and said that the best they can repay excess and illegal deduction is at 7% interest rate . This led to another disagreement between Innoson and GTBank.

13 - As a result, in 2012, Innoson sued GTBank at Federal High Court Awka with Suit No: FHC/Awk/ Cs/2012.

14 - Federal High Court, Awka delivered Judgement in favour of Innoson in excess of N4.7billion against GTBank.

Delivering Judgement in suit no: FHC /Awk/ CS / 139/2012, the FHC awarded N4.7billion to Innoson Motors against GTBank.
The court also ordered GTBank to pay 22 % (percent ) interest on the Judgement debt until all the payment had been made to Innoson.

15 - In 2013, GTBank appealed against the judgement to the Court of Appeal, Enugu Division, appoxite appeal No: CA/ E/288/2013.

16 - The Court of Appeal, Enugu in a Considered ruling ordered GTBank to pay the Judgement debt of N6billion Inclusive of the accrued interest and any interest that would subsequently accrue thereon into an interest yielding account in the Name of the Chief Registrar of the Court.

17 - In its various affidavits, particularly at the Court of Appeal in suit no: CA/ E/288/2013, GTBank deposed that if it pays the outstanding Judgement debt of N6billion, much less the N8.5billion, it could go bankrupt and be out of business.

18 - GTBank went to the Supreme Court.The case is still in the Supreme Court, while the Judgement debt is about N8billion now to be paid to Innoson by GTBank.

Other Cases:
IBADAN Case: Innoson /GTBank/Nigerian Customs Service :

19 - Nigerian Customs Service Auctioned Innoson goods.

20 - Innoson challenged the action Nigerian Customs Service for auctioning its goods at Federal High Court, Ibadan.

21 - On July 29, 2011, In a Garnishee Order Absolute, the Federal High Court sitting in Ibadan ordered GTBank to Pay Innoson #2,048,737,443,67 (#2billion) from Nigerian Customs account in GTBank.

22 - Rather than Comply with the Garnishee Order Absolute of the Court , GTBank on February 6, 2015 appealed the Judgement , but the Court of Appeal in Appeal no. CA/1/258/2011 affirmed the Judgement of the Federal High Court and ordered GTBank to pay the Judgement debt of #2,048,737,443.67 (#2.048billion) to Innoson .

23 - GTBank , instead , appealed to the Supreme Court against the Court of Appeal's decision where GTBank claimed through a motion in suit no : Sc /694/2014, that the Court of Appeal Judgement in Ibadan (CA/I/258/2011) was procured by suspicious means .

24 - On May 12, 2017 , Supreme Court in its wisdom and rightly , dismissed that unfounded and exasperating claim of GTB against Innoson .

25 - As a result , Innoson commenced a N400 billion suit against GTBank , in the suit No: FCT /HC/CV/2448/2017 at the High Court of the Federal Capital Territory, Abuja .

#Another issues

26 - Consequently , in order to save itself from paying the outstanding Judgement debts to Innoson , the GTBbank filed a petition against Innoson alleging forgery which led to the suit No : FHC /L/565C/2015 by Police .

27 - On February 17, 2016 , Police properly and Competently withdraw the charges against Innoson , saying they needed to properly investigate the bank's complaints first and see if they had merits .

28 - On September 1 , 2014 , GTBank secured an ex parte order on Innoson Nigeria Limited, dated September 1, 2014 with suit no FHC/L/CS/1119/2014 , filed before a Federal High Court in Lagos , between GTBank and Innoson Nigeria Limited , issued by *Justice Okon Abang* , ordering that , pending the hearing and the determination of the substantive suit , all Commercial Banks in Nigeria were restrained from accepting in any manner whatsoever to any mandate or instruction presented to them by Innoson Companies or any of its agents or nominees for withdrawal of any sum of money standing to the credit of any account maintained by the company in all the banks.

29 - However , on June 10, 2015 , *Justice Saliu Saidu* of the Federal High Court , Lagos , in a Considered ruling set aside the ex parte order of September 1, 2014 , by Justice Okon Abang and the writ of summon as well.

30 - Innoson then slammed a N30 billion suit on Guaranty Trust Bank for what it had suffered in monetary terms and reputational terms during the months when the accounts of its companies in all Nigerian banks were frozen. With Innoson winning both cases at the High Court and both cases at the Appeal Court, and GTB appealing, both cases are awaiting the verdict of the Supreme Court. Meanwhile the fresh N30 billion naira suit has just gone to the High Court to start its legal journey.

https://politicsngr.com/2017/12/20/innoson-vs-gtbank-30-key-points-know-dispute/

Always endeavor to follow up a story.

amunkita:
Sincerely, all Nnewi billionaire should follow suit..
As for me, onward First Bank, I go manage them...

and to be candid , gtb will have problems if ibos start moving their accounts away . and ibo do have some serious serious silent billionaires

mrvitalis:
Was planing on opening an account with them

Now diamond here I come

Me too... I concluded last weekend, that I will be opening an account wit gtb tod, being wednesday. After I read the news yesterday and the reason why the arrested innoson, I change my mind and went straight to UBA & opened it wit them.

Kazim88:
The people handling this issue on behalf of GTB really messed up.

Nigerians are desperately looking for a scapegoat to punish for all the challenges of this change era... GTbank con buy igbese .

once this boycott enter twitter and facebook and it starts trending... GTbank like play like play can just fold up.

Just because some sectional frustrated souls closed their accounts? That's a pure blackmail.

maestroferddi:
Quit sounding off like an ignoramus.

The Igbos are a major mainstay of banking business in Nigeria.

I daresay that no elite bank can afford to trifle with the contribition of the Igbos to the market share...

You are no banker so you will not understand jack about the way the cat jumps...

You know little about what you are saying. Igbos are into buying and selling, their money/accounts not stable.
GT wasn't designed for igbo buying and selling businesses, it is just by the way side

itsdumebi:
@POLITICSNGR

A man identified as Chukwudi Iwuchukwu has allegedly shut down his bank account with Guaranty trust bank following the recent issue the bank has with Innoson motors boss, Chief Innocent Chukwuma.

It will be recalled that Chukwuma was arrested by the Economic and financial crimes commission, EFCC, in Enugu on Tuesday morning. He accused GTB of being behind his ordeal because of a debt the bank owed him.

Iwuchukwu took to Facebook to announce his decision;

This morning, I walked into the nearest GTB branch and requested for a form to close our company account with them.

The gorgeous lady who attended to me wanted to know why I was closing the account and moving the funds to Zenith bank.

I told her is very simple! I’m taking this action as a form of protest to the bank for the way they handled the Innoson saga and most importantly, for victimizing the man simply because of business transaction that went wrong.

Not only this, I have been on the phone since morning talking to 2 of my friends who are billionaires and who have billions of their company’s fund with the bank to move it as well.

Thank God they have done that, one authorized his accountant to move the funds from GTB to first bank, the other one from GTB to Zenith bank

The lady was dazed and I think it is very important the management of GTB get this memo.

I’m not a tribalist, I avoid tribal sentiments 
but you see there is a limit to what you see and observe happening to your people without taking action to protest.

What Innoson is going through in the hands of GTB is corporate wickedness and witchcraft.

I call on young And older entrepreneurs who have their business funds in that bank should move it today, not tomorrow but today in solidarity with our brother, jewel and one of our brightest son who slept in EFCC custody last night because of GTB.

We need to boycott GTB for being a useless bank and boycott them for good.

They are not the only bank in Nigeria.

Nonsense!

https://politicsngr.com/2017/12/20/man-closes-account-gt-bank-innoson-saga/

What about the KILLING of NIGERIANS in South Africa...beta do away with ur MTN DSTV also

"I’m not a tribalist, I avoid tribal sentiments
but you see there is a limit to what you see and observe happening to your people without taking action to protest."

That you feel the need to add that you are not a tribalist, means that you are actually a tribalist.

itsdumebi:
@POLITICSNGR

A man identified as Chukwudi Iwuchukwu has allegedly shut down his bank account with Guaranty trust bank following the recent issue the bank has with Innoson motors boss, Chief Innocent Chukwuma.

It will be recalled that Chukwuma was arrested by the Economic and financial crimes commission, EFCC, in Enugu on Tuesday morning. He accused GTB of being behind his ordeal because of a debt the bank owed him.

Iwuchukwu took to Facebook to announce his decision;

This morning, I walked into the nearest GTB branch and requested for a form to close our company account with them.

The gorgeous lady who attended to me wanted to know why I was closing the account and moving the funds to Zenith bank.

I told her is very simple! I’m taking this action as a form of protest to the bank for the way they handled the Innoson saga and most importantly, for victimizing the man simply because of business transaction that went wrong.

Not only this, I have been on the phone since morning talking to 2 of my friends who are billionaires and who have billions of their company’s fund with the bank to move it as well.

Thank God they have done that, one authorized his accountant to move the funds from GTB to first bank, the other one from GTB to Zenith bank

The lady was dazed and I think it is very important the management of GTB get this memo.

I’m not a tribalist, I avoid tribal sentiments 
but you see there is a limit to what you see and observe happening to your people without taking action to protest.

What Innoson is going through in the hands of GTB is corporate wickedness and witchcraft.

I call on young And older entrepreneurs who have their business funds in that bank should move it today, not tomorrow but today in solidarity with our brother, jewel and one of our brightest son who slept in EFCC custody last night because of GTB.

We need to boycott GTB for being a useless bank and boycott them for good.

They are not the only bank in Nigeria.

Nonsense!

https://politicsngr.com/2017/12/20/man-closes-account-gt-bank-innoson-saga/

He's claiming he's not a tribalist, if innoson wasn't an igbo man would he have done the same thing? hypocrisy.. They've already started giving it ethnic coloration. These guys are way too sentimental.

Brilliant move.... Its obvious what is going on here.

bloodmoneyspita:
GTB is not supposed to be regarded as a bank.

they overcharge me so much I need to do the same.

UBA is the best. No overcharge. Don't think of fidelity, else what gtb is doing to u will be a child play.

I transferred almost 6.2million naira out of my GTB account this afternoon at Ogoja road branch in Abakaliki to another bank. It's a useless anti-Igbo bank that gives no help to any customers. I'd been waiting for a time like this INNOSON issue to just part with them. GTB will gradually begin to ''feel it'' from this part of the country in no time.

cashlurd:
If only Nigerians who are sympathetic to the clamp down on Innoson CEO could follow suit and close down their accounts with GTB, all these their shakara go end. Connection in high places sef no fit save them.

Why should any sane person close their account because a greedy man who want to
boost his failing business through corporate fraud and blackmail was checkmated?

itsdumebi:
@POLITICSNGR

A man identified as Chukwudi Iwuchukwu has allegedly shut down his bank account with Guaranty trust bank following the recent issue the bank has with Innoson motors boss, Chief Innocent Chukwuma.

It will be recalled that Chukwuma was arrested by the Economic and financial crimes commission, EFCC, in Enugu on Tuesday morning. He accused GTB of being behind his ordeal because of a debt the bank owed him.

Iwuchukwu took to Facebook to announce his decision;

This morning, I walked into the nearest GTB branch and requested for a form to close our company account with them.

The gorgeous lady who attended to me wanted to know why I was closing the account and moving the funds to Zenith bank.

I told her is very simple! I’m taking this action as a form of protest to the bank for the way they handled the Innoson saga and most importantly, for victimizing the man simply because of business transaction that went wrong.

Not only this, I have been on the phone since morning talking to 2 of my friends who are billionaires and who have billions of their company’s fund with the bank to move it as well.

Thank God they have done that, one authorized his accountant to move the funds from GTB to first bank, the other one from GTB to Zenith bank

The lady was dazed and I think it is very important the management of GTB get this memo.

I’m not a tribalist, I avoid tribal sentiments 
but you see there is a limit to what you see and observe happening to your people without taking action to protest.

What Innoson is going through in the hands of GTB is corporate wickedness and witchcraft.

I call on young And older entrepreneurs who have their business funds in that bank should move it today, not tomorrow but today in solidarity with our brother, jewel and one of our brightest son who slept in EFCC custody last night because of GTB.

We need to boycott GTB for being a useless bank and boycott them for good.

They are not the only bank in Nigeria.

Nonsense!

https://politicsngr.com/2017/12/20/man-closes-account-gt-bank-innoson-saga/

Oga, there is NO bank in Nigeria as at today that do not overcharge their customers. I am talking from a vantage position. If you don't believe me, take any of your account from any bank and review it for 6 months using CBN guideline and you will learn to believe me in the future. Thank you.

Social Media and propagandas.

Hopefully Nigerians don't start redrawing their money from GTbank out of fear (massive closure) because at the end Innonson And GTbank would settle their business differences.

***

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The crowd in the bank is just too much

The useless ones can go

If it affects the bank too much, they will retrench some workers

Anybody that leave will never come back or use get ATM

Gtb remain the best bank in Nigeria as at today
Theses are my reasons

1. 737 facility

2, cash deposit machine --------
one at local airport forte oil
3 good and simple internet banking ----- user friendly

4 collection of western union within seconds any time anyday been Sunday or public holiday with ur internet banking

The writer sounds more like tribalist to me because he's allowing sentiments to judge his reasoning. The matter in question is a simple business dealings that went wrong, but the EFCC angle is completely different from GT bank conflict. Let's not jump into conclusions over issues we don't know the full details. Thanks

FBIL:
I transferred almost 6.2million naira out of my GTB account this afternoon at Ogoja road branch in Abakaliki to another bank. It's a useless anti-Igbo bank that gives no help to any customers. I'd been waiting for a time like this INNOSON issue to just part with them. GTB will gradually begin to ''feel it'' from this part of the country in no time.

We know you Ipob men live and die on tribalism but don't cry when your
business also start to feel it from other Nigerians.

Kazim88:
The people handling this issue on behalf of GTB really messed up.

Nigerians are desperately looking for a scapegoat to punish for all the challenges of this change era... GTbank con buy igbese .

once this boycott enter twitter and facebook and it starts trending... GTbank like play like play can just fold up.

Igbos are making it already look like it's a tribal thing...they are the ones making all the noise. So we want to see how good they are with how they punish a bank as huge as GTbank.

watch me flee
i rock diamonds
uba where my paper at
gt no go bank for me