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Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors - Business (4) - Nairaland

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Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by ernieboy(m): 7:26am On Dec 21, 2017
ify84:
local auto assembly plant...
They are not happy calling him a car manufacturer
he is not manufacturing cars, he only assembles.

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Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by Nobody: 7:26am On Dec 21, 2017
Clowns...maybe you need to check the stock market, to see how gtb shares performed yerstday.

tribalistseun:
Gtbbank is dead already their burial is on 2nd of january, be there.

As for EFCC they are fast in arresting or chasing SS and SE people. But babachir lawal that even osibande have declared a thief, efcc doesn't want to touch him. Mainagate, BaruGate, Ikoyi Gate and Ameachi loot when will EFCC do the needful.

Any EFCC officials that cross that bridge should be made to disappear into thin air.

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Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by tiger28: 7:27am On Dec 21, 2017
tribalistseun:
Gtbbank is dead already their burial is on 2nd of january, be there.

As for EFCC they are fast in arresting or chasing SS and SE people. But babachir lawal that even osibande have declared a thief, efcc doesn't want to touch him. Mainagate, BaruGate, Ikoyi Gate and Ameachi loot when will EFCC do the needful.

Any EFCC officials that cross that bridge should be made to disappear into thin air.
GRA GRA GRA GRA.....as usual! Did you read that he was granted bail on this same charge way befire the arrest? Did you read that he shun their invitation?just like iffy uba,chronic debtors using the USUAL "Its because am igbo".Coincidentally the brother of GTB owner was charged to court ALMOST same time as innoson. No Yoruba raised a voice,GTB didnt say he was charged because innoson was arrested....this is what the igbos will rather say.

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Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by adedehinbo(m): 7:29am On Dec 21, 2017
tribalistseun:
Gtbbank is dead already their burial is on 2nd of january, be there.

As for EFCC they are fast in arresting or chasing SS and SE people. But babachir lawal that even osibande have declared a thief, efcc doesn't want to touch him. Mainagate, BaruGate, Ikoyi Gate and Ameachi loot when will EFCC do the needful.

Any EFCC officials that cross that bridge should be made to disappear into thin air.
u can only stop banking with gtb,it won't run them down,apart from Igbo's whose fraud is in their DNA,everyone else banks with them,Gtb still remains the best bank

3 Likes 1 Share

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by eagleeye2: 7:30am On Dec 21, 2017
pressplay411:
My understanding so far.
Innoson banks with GTB, accesses their facility and incurred wrong bank charges to the tune of over 700 million Naira.
After back and forth with GTB, he wins his suit to the tune of 8 billion Naira.
GTB feeling embarrassed exposes his business malpractices and fraudulent shipping documents and reports to EFCC.
EFCC being an antigraft agency summons him and he was discharged. They summon him again, this time he fails to honour the invitation. They move in on him to arrest him in his Enugu residence. He resists arrest and engages them with his own force. They call for back up, and things spiralled out of control. His wife gets slapped, he gets arrested.
That said, how did this turn to an inter-tribal witch-hunting?
It's simply a GTB VS Innoson fight. Pls let's always get our facts right and not let sentiments make a mockery of our intelligence and education.
The question is, didn't GTB do a background check on those shipping documents and other papers presented by Innoson before granting him that loan?
If they did, why didn't they refuse him the loan or report the matter to the efcc,,? it is only when they have been caught stealing the man's money that they remembered forged documents.

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Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by Diiet: 7:31am On Dec 21, 2017
peacenaija:

Maybe you should read the statement again, the arrest was for tax related matters and I think you're wrong that no bank will extend credit facilities to innnosun because right now he's a new target for marketers of other banks. Right now other banks are willing to doing business with him.
The fact is that GTB really bleeped up, this case shouldn't have been made public, GTB has a lot to loose in this saga than innosun but I'm sure GTB will come back strong.

Innoson is the one handling this issue poorly.
He's the one playing the tribal card instead of providing details of how the repayment of the loan he took from the bank was made. His inability to do that is a pointer that he hasn't payback his debt?

GTB also leveled a deadly allegation against him, that he forged the signature of its staffs to secure some of his goods at the port.Believe me, no bank will be willing to be partner in business with him because of this.

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Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by anonimi: 7:31am On Dec 21, 2017
Sanchez01:
We need not attach every single mishap to politics and ethnicity. Though that part of the piece seems harsh but then again, it is just the truth. Innoson does not manufacture vehicles, he assembles them and brands them.

You see why you are displaying tribal hatred and jealousy needlessly?
Which car manufacturer is not an assembler? That issue has been debated and rested on nairaland several times.

Assembly line

An assembly line is a manufacturing process (most of the time called a progressive assembly) in which parts (usually interchangeable parts) are added as the semi-finished assembly moves from workstation to workstation where the parts are added in sequence until the final assembly is produced. By mechanically moving the parts to the assembly work and moving the semi-finished assembly from work station to work station, a finished product can be assembled faster and with less labor than by having workers carry parts to a stationary piece for assembly.

Assembly lines are common methods of assembling complex items such as automobiles and other transportation equipment, household appliances and electronic goods.

https://en.wikipedia.org/wiki/Assembly_line

3 Likes

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by tiwiex(m): 7:31am On Dec 21, 2017
Sanchez01:

The FBI tilts towards security, policing and investigation on a federal level while the EFCC as an agency concerns itself with financial crimes which is alleged to have taken place in the case of Innoson.

How are they the same?
Does it not surprise Innoson is being charged on import waiver and this was not communicated to him when arrested. He does not have an prior correspondence to this effect. If he did, efcc would have released the acknowledged copy. Not saying he is innocent but d power is too much and we seem to be getting worse as a union.

2 Likes

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by Feraz(m): 7:32am On Dec 21, 2017
pressplay411:
My understanding so far.
Innoson banks with GTB, accesses their facility and incurred wrong bank charges to the tune of over 700 million Naira.
After back and forth with GTB, he wins his suit to the tune of 8 billion Naira.
GTB feeling embarrassed exposes his business malpractices and fraudulent shipping documents and reports to EFCC.
EFCC being an antigraft agency summons him and he was discharged. They summon him again, this time he fails to honour the invitation. They move in on him to arrest him in his Enugu residence. He resists arrest and engages them with his own force. They call for back up, and things spiralled out of control. His wife gets slapped, he gets arrested.
That said, how did this turn to an inter-tribal witch-hunting?
It's simply a GTB VS Innoson fight. Pls let's always get our facts right and not let sentiments make a mockery of our intelligence and education.
While I agree with you that this shouldn't have turn tribal, thanks to Nairalanders, I wish to let you know dude has given his own side of the supposed fraud case here - https://www.premiumtimesng.com/promoted/248936-innoson-vs-gtbank-no-application-issuance-bench-warrant-innocent-chukwuma.html

Sanchez01:

We need not attach every single mishap to politics and ethnicity. Though that part of the piece seems harsh but then again, it is just the truth. Innoson does not manufacture vehicles, he assembles them and brands them.

Premium Times had already reported the forgery part which the bank found out. It is NL only normal that the EFCC was involved after that.

Innoson and his wife played the tribal game almost perfectly and the likes of Ike Ekweremadu and Abaribe found every reason to lace the 'attack' as one affiliated to tribe.

I believe this would serve as an eye opener to banks. Most of these so called business men really have nothing and would not blink twice to make a show should an advantage rear its head.

Uchihaitaci:


Very astute and sound feedback.

can i pee on you i want to mark my terriotry and claim your brain for myself

greiboy:
show a single link where the court struck out the case.
Look at the link above!

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Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by HIPROFILE(m): 7:33am On Dec 21, 2017
Very obvious you haven't followed all statements released so far on this case hence selling ignorance....fast finger right? Kindly educate your ignorance before you share your thought.

Thank you.


Diiet:
Innoson must pay his debts.




And with the way innoson played a smart one on GTB, no bank in this country should offer him loan again.


A debtor claiming right. Wonders shall never end.

3 Likes

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by arrestdarrester: 7:34am On Dec 21, 2017
The former MD of GTB was a professional. This Agbaje of a guy has missed it. Accounts will start changing allegiance like women change wrapper sooner than later. Thanks for showing everyone your true colour Bank of APC...

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Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by FunkyAlhaji2015: 7:34am On Dec 21, 2017
ChimaAgbalajob:
Now EFCC is the judiciary that arrest and release people on bail? grin grin grin grin grin grin

See what the dullard has done to our country
When police say bail is free, is police now judiciary that arrest and release people on bail?

Why are you IPOB people so dull? grin grin grin

1 Like 1 Share

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by anonimi: 7:35am On Dec 21, 2017
adedehinbo:
u can only stop banking with gtb, it won't run them down,apart from Igbo's whose fraud is their DNA, everyone else s banks with them,Gtb still remains the best bank

Are the ones below also from the SE?
Cure yourself of tribal hatred before it destroys you.

Two Nigerian-Canadians Arrested In Toronto For Fraud, Theft
.
.
.
The evidence was discovered on April 24 during a raid of a condominium owned by Adekunle Johnson Omitiran, 37.

Mr. Omitiran turned himself in on April 27 and will face charges of fraud, identity theft, trafficking identity information, possession of credit cards obtained by crime, possession of proceeds of crime, and failure to comply with probation at court on May 19, according to The Star.

Another Nigerian-Canadian, Adedayo Ogundana, 45, was arrested in December 2016 in connection with the same Toronto crime syndicate. He was charged with 12 counts of fraud, identity theft, possession of stolen credit cards, and possession of the proceeds of crime.

The Toronto Sun reports that police have issued an arrest warrant for Duro Akintola, 44, a Toronto local. Emmanuel Salako, 47, is wanted by the U.S. Postal Inspection Service in Chicago for his involvement in the fraud ring.

http://saharareporters.com/2017/05/10/two-nigerian-canadians-arrested-toronto-fraud-theft

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Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by donb06: 7:36am On Dec 21, 2017
PMWSpirit:
Bloody hypocrites, they are here shouting innoson this innoson that, yet none of them is patronising the guy, yet they can open their mouths to say thrash calling him their own, instead they prefer benz, toyota and honda. I smh for you ppl, it clearly shows how sentiments and tribalism has eaten deep into your skulls. They are the one that will always shout marginalisation, they are the ones that produces everything yet the wont patronise themselves first. Get your shit together. Na we get lake rice na we dey chop am
PAINED

1 Like

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by FunkyAlhaji2015: 7:36am On Dec 21, 2017
arrestdarrester:
The former MD of GTB was a professional. This Agbaje of a guy has missed it. Accounts will start changing allegiance like women change wrapper sooner than later. Thanks for showing everyone your true colour Bank of APC...
There is no Ibo man on forbes list embarassed embarassed

That's why GTB isn't scared of them changing their accounts, their ten ten kobo mean nothing angry cheesy grin cheesy

2 Likes 2 Shares

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by Diiet: 7:36am On Dec 21, 2017
Ucheamani:


Which debt? Did you follow the story or you"re just full of hate? Don't 4get that hate like bribe blinds the clear sighted. Jealousy is rottenness to the bone.
did you read the efcc' statement at all.


Chukwuma and his brother who is still at large are being investigated for FRAUD and FORGERY.

1 Like 1 Share

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by emma321(m): 7:38am On Dec 21, 2017
FunkyAlhaji2015:

When police say bail is free, is police now judiciary that arrest and release people on bail?

Why are you IPOB people so dull? grin grin grin

Idiot must u call IPOB in your comments.....

2 Likes

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by IamaNigerianGuy(m): 7:39am On Dec 21, 2017
nnachukz:
On bail from EFCC? I see.

Nothing somebori won't hear in Nigeria

2 Likes

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by donb06: 7:40am On Dec 21, 2017
Diiet:

Innoson is the one handling this issue poorly.
He's the one playing the tribal card instead of providing details of how the repayment of the loan he took from the bank was made. His inability to do that is a pointer that he hasn't payback his debt?

GTB also leveled a deadly allegation against him, that he forged the signature of its staffs to secure some of his goods at the port.Believe me, no bank will be willing to be partner in business with him because of this.
Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by Nobody: 7:43am On Dec 21, 2017
nawtyme:

You are the only one letting sentiment make mockery of your education. The case of forgery for which he was arrested was taken to a court. The court struck out the case due to lack of merit. The EFCC did not go further. Innoson went further to charge the court to dismiss the case and not just strike it out, and it is still in the Supreme Court.
If he was invited, how was he invited? Which document shows that he was invited?
show a single link where the court struck out the case.
Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by bigtalla(m): 7:43am On Dec 21, 2017
zero8zero:
seriously? boycott GTbank?, you think GTbank is a local bank? kids everywhere, lmao.
Tribalism will take you no where.
His wife was also seen as saying to the Efcc personnel "are you arresting him because he's igbo?, did you slap me because i'm Igbo ?
tribal sentiment is a no no. No tribe is above the law.


Can you sincerely say this for Maina, etc who even the president knows is a criminal? Why has he and others like him (from the north) not been arrested?

2 Likes

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by Diiet: 7:43am On Dec 21, 2017
HIPROFILE:
Very obvious you haven't followed all statements released so far on this case hence selling ignorance....fast finger right? Kindly educate your ignorance before you share your thought.

Thank you.


stop being emotional.

Innoson is being investigeted for fraud and forgery. Read this article again.

Fraud is a verry serious offence.

Let him go and defend himself and stop crying for him online.

1 Like 2 Shares

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by IamaNigerianGuy(m): 7:45am On Dec 21, 2017
pressplay411:
My understanding so far.
Innoson banks with GTB, accesses their facility and incurred wrong bank charges to the tune of over 700 million Naira.
After back and forth with GTB, he wins his suit to the tune of 8 billion Naira.
GTB feeling embarrassed exposes his business malpractices and fraudulent shipping documents and reports to EFCC.
EFCC being an antigraft agency summons him and he was discharged. They summon him again, this time he fails to honour the invitation. They move in on him to arrest him in his Enugu residence. He resists arrest and engages them with his own force. They call for back up, and things spiralled out of control. His wife gets slapped, he gets arrested.
That said, how did this turn to an inter-tribal witch-hunting?
It's simply a GTB VS Innoson fight. Pls let's always get our facts right and not let sentiments make a mockery of our intelligence and education.

Agreed with almost all of your submission.
Pertinent question is: why were the Nigerian Police, Ministry of Finance and Customs not involved ? From my understanding, EFCC deals with financial crimes of politically exposed persons. This is an accusation tax evasion and forgery ; no need for EFCC here unless there is an ulterior motive.
I won't prejudge the case but experience teaches that in Nigeria, no smoke without fire.

Preempting the tribal warriors: I am neither Yoruba nor Ibo.

1 Like

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by donb06: 7:48am On Dec 21, 2017
Diiet:

Innoson is the one handling this issue poorly.
He's the one playing the tribal card instead of providing details of how the repayment of the loan he took from the bank was made. His inability to do that is a pointer that he hasn't payback his debt?

GTB also leveled a deadly allegation against him, that he forged the signature of its staffs to secure some of his goods at the port.Believe me, no bank will be willing to be partner in business with him because of this.
can u pls quote one statement attributed to innoson to show he is playing tribal games. from reports on credible dailies, innoson services his debt monthly at a tune of 22% which is done by most most large corporations even countries. there were no probs. until innoson noticed unecessary deductions from his acct(fraud). so broda who started this problem gtb or innoson? be sincere please?

3 Likes

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by bigtalla(m): 7:48am On Dec 21, 2017
Diiet:
stop being emotional.

Innoson is being investigeted for fraud and forgery. Read this article again.

Fraud is a verry serious offence.

Let him go and defend himself and stop crying for him online.

What about Barugate? Mainagate? Ikoyigate? The truth is that EFCCs actions are always one-sided. Even the acting boss was rejected by the senate, but he’s still running the affairs up till date. Is it that there is no other ‘crecible’ Nigerian alive to do that job? What is good for the geese is good for the ganders.

1 Like

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by PMWSpirit(m): 7:50am On Dec 21, 2017
donb06:
PAINED
shoo , what's my own. The only reason i can drive innoson vehicles is if na raffle draw I win am na

1 Like 1 Share

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by Nobody: 7:52am On Dec 21, 2017
jamesibor:


Dude, me and u no be mate. As I type, I'm in London where I came in to tidy up some business agreements on distribution of certain pharmaceutical products having flown in 2 days ago from China on yet another business trip. Haters gonna die.

Your importation business is the reason for unemployment. How do you expect the local pharmaceutical coys to grow when you bring in your fake/substandard products from China. You are one of the enemies of this country! Na people like you kill Dora Akiyuli (RIP)

2 Likes 1 Share

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by rusher14: 7:52am On Dec 21, 2017
AheadMarket:
INNOSON and GT BANK saga...
Now, I am not a tribalist.
We don't even know what transpired.
I know that Nigerian government has displayed so much bile and hatred against Igbo businessmen. Ibeto cement saga comes to mind.
Firstly, the manner at which EFCC arrested him was barbaric and sentimental. The manner has said so much, already.
Secondly, the matter should have been calmly taken to court by GT Bank.
Thirdly, in a developed country like the US, the FBI cannot involve itself in individual deals. There are other pressing national issues. But, we already know that security agencies in Nigeria are used against the Igbos.
They should thank their god that we are not united!

EFCC is empowered to investigate financial crimes not limited to bank fraud.
Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by bigtalla(m): 7:55am On Dec 21, 2017
Diiet:

Innoson is the one handling this issue poorly.
He's the one playing the tribal card instead of providing details of how the repayment of the loan he took from the bank was made. His inability to do that is a pointer that he hasn't payback his debt?

GTB also leveled a deadly allegation against him, that he forged the signature of its staffs to secure some of his goods at the port.Believe me, no bank will be willing to be partner in business with him because of this.

The bolded: Are you making this up to add credence to your thoughts or the EFCC said this in their official statement?

2 Likes

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by pedrilo: 7:57am On Dec 21, 2017
Lightening:


See the scathing press release. " The business man who runs a local auto assembly plant". This statement belies the reason for the EFCC's failed attempt to humiliate Innoson. Let Buhari and his nonproductive cabal go and start their own auto assembly plant too. Sheer jealousy.

they bring down their own and uplift foreigners and tell nigerians to buy naija to grow the naira. Shame

1 Like

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by nawtyme: 7:58am On Dec 21, 2017

1 Like

Re: Statement By The EFCC After Granting Bail To The CEO Of Innoson Motors by francmoda: 7:58am On Dec 21, 2017
He doesn’t have any brother named Charles! Liars!

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