nrexzy:
Good for them f##king rep off... Cos it isn't d business of an hausa or Yoruba man... Closing my account with gtb asap

How many times are you going to close your non-existent account?

Newpride:
This man sha wanna be rich by all means.
Dangote doesn't make his money this way, Mike Adenuga doesn't make his way.
innoson go and improve more on ur work and pay back what u owe GTB.
what other igbo own banks can't do for when U needed them is what GTB did but see the way u are paying back. Innoson u are an ingrate and won't go free at the end.

what rubbish are you talking, did you not read his encounter with diamond bank?.

what rubbish are you talking, did you not read his encounter with diamond bank?.



Stf, why is he always coming to social media to seek public relevance all time. How many times have u read from gtb on this issue.
He wants 21b, ole..... he shld to go court and if he has gone to court, why is all his aclaimed court judgement not effective.
Innoson is a thief.

NwaAmaikpe:



21Billion Naira?

The truth be told,
Aside loans, I doubt Chief Innocent Chukwuma's net worth is up to that.

With that said,
This is just a fable.
He should pay up what he owes GTBank.
All these slander won't write them off.

The verdict is in his favour, it is GTB who is bringing in a third party (EFCC), even after court verdict.

very funny isssues innoson stll dey cry foul whilst gtb dey top gainers everytime fr stock market...m igbo n theres no better bank than gtb

it seems most people here gave poor comprehension.

Innoson paid 90% of the debt he accrued from the bank. At the time of paying his loan, the court ordered customs to pay his money they sold off illegally.

Now if custom had released the money. Both innoson and access bank would be settled, but access bank conniving with Custom as their Banker, tried to play a fast one on him.

Now that's day light robbery.
Since obansanjo era, this case has been in court.

Nigeria is really F.cuked up due to our slow Court Judgement. This case at the supreme will take at least 5years before we get judgement.

otokx:
He should go and tell the judge.

He has done that,that is why he won at the high and apeal court

davibid:
This man sef na all the banks for Nigeria dey owe then na which money e dey take run him business

This your comment makes you greatest fool. Go to your bank and borrow.do think it is easy? Before bank can give you loan you must have worth the loan multiple 5 times.and collateral.

Newpride:
Let me ask you, if someone owes N1.5billion, and he pays N1.3billion, has he not tried?

What a foolish man u are Innoson with that statement.
this man is a fraudster, an ingrate and fool.
we are expecting ur jobless ipob e-warriors to come here and blame buhari when u are done bn dealt with.

Go and read the story again. Gtb took the remaining 200million and 560million on top of it. Which gtb agreed they did. The problem is the refund with the interest accrued.

onyibor84:



I bet you couldn't exercise the patience to go through what was written there.
How can GTB report me to EFCC to pay them their outstanding 200million when they are owing me 560 million.
Bro, even if you can't go through the whole write up, at least read the last sentence....The last sentence was meant for people like us.

How did he arrive at his 21B within a space of 10 years or there about?
There are so many loopholes in his account.
How dis he know that GTB was having Customs 10B in the bank
How would GTB tamper with Customs momey without customs approval?
He was paying down principal that started accruing interest from day one and thought the bank will waive interest accrued? Who does that?

Obviously the bank system was debiting his account with monthly interest repayments.

It's this repayment that he is claiming the bank is owing him and also calculating his own interest upon.

shallysgirl:
Go and read the story again. Gtb took the remaining 200million and 560million on top of it. Which gtb agreed they did. The problem is the refund with the interest accrued.

Highlight the portion of the report with what you claimed

Newpride:
You know nothing about business, absolutely nothing!! Someone who has paid almost 90% of debt owed has done a lot and equally shown intent of repayment. In an economy like ours, Innoson has tried. Go to banks and ask how many companies (large, small, medium) are able to repay a loan like that in time.

Also, for the court to rule in his favour two of three times (the third ruling hasn't been given, and I bet you it will be in his favour) shows he is on his right and GTBank is wrong. You'll not see that, and also the fact that they were stealing from him, even to the tune of 500 million naira (and hurting his prospects of repaying the loan in time). Make I no talk again. I dey vex.



Keep kwayet u this little brat, u lack wisdom to understand innoson is only seeking social media relevance here. How many times have u read from GTB on social media over this issue. Why is the court order not effective on this case if genuine and take away sentiment from ur life and be reasonable for once.
Innoson is a thief, he is claiming 21b from gtb.

Learn to quote properly. I wouldn't have seen this if I was relying on my mentions. That aside, maybe a little lecture on how judiciary works. You see, when you appeal a court judgement, a stay of execution can easily be obtained against the judgement pending when an overriding judgement is obtained at the appeal. Fortunately for us, the supreme court is the highest court in Nigeria, meaning once a judgement is reached at the supreme court, there is nothing GTBank, or anyone for that matter can do about it. Comply or face the consequences, dazall!

So, the lecture done, the 21b Innoson is quoting is based on a 22 percent interest rate, as ordered by a competent court in the second judgement received, not some claims as you so put it.

One more thing, learn to talk properly in public (maybe you didn't know Nairaland is a public forum, I'll give you the benefit of the doubt).

Aside everything written, here are facts.

Innoson borrowed from GTB.

INNOSON paid 90% principal.

Customs illegally auction the goods innoson borrowed for.

Innoson was paying debt even when the business he borrowed for was not successful.

Innoson sued customs and won.

GTB rather than supporting their customer and paying judgement debt. When ahead to support the illegal activities of the customs against innoson.

Finally, GTB like every other thief caught by the police in robbery, went and stole 500 million from innoson account while he was still paying them.

GTB was caught stealing from their customer and admitted they stole 560 million instead of 700.

They agreed to pay what they stole with 7% interest, while innoson paid his loan with %22.

My judgement.

A bank that stole 500 million from a customer in civilized countries would not even want the story mentioned before paying with interest.

Such action could cost them operating license. However, just like our leaders are shameless, the bank is also shameless . No wonder we are called shithole.

A bank admits to theft and has the right to decide interest rate to pay.

I see no difference between GTB and armed robbers.

Nutase:
Oga then attend your court sessions to claim your 21bn and stop this media trial.

Which media trial? Hasn't innoson sued GTBank n won in 2 courts already?

Wasn't it GTBank that brought the whole case to the media?

The way you Yorubas defend nonsense just because GTBank is a Yoruba owned bank is just alarming. People with zero morality.

NwaAmaikpe:



21Billion Naira?

The truth be told,
Aside loans, I doubt Chief Innocent Chukwuma's net worth is up to that.

With that said,
This is just a fable.
He should pay up what he owes GTBank.
All these slander won't write them off.

is today with this ur comment I kno you really didn't have senses. you reason like dem

onyibor84:



I bet you couldn't exercise the patience to go through what was written there.
How can GTB report me to EFCC to pay them their outstanding 200million when they are owing me 560 million.
Bro, even if you can't go through the whole write up, at least read the last sentence....The last sentence was meant for people like us.

Maybe you dont understand what happened yourself. He refused to pay the remaining 200million naira which later accrued an interest of the 560million over time. Gtb wouldnt have thrown his account into that debit if he had paid down his loan. This is a crook and should be dealt with as such.

Ofemmanutosure:


Maybe you dont understand what happened yourself. He refused to pay the remaining 200million naira which later accrued an interest of the 560million over time. Gtb wouldnt have thrown his account into that debit if he had paid down his loan. This is a crook and should be dealt with as such.

Really? and two courts have asked both GTB and customs to pay him. Do you even realize that GTB is not even fighting to pay him? They are fighting to not pay him 22% but 7%. Do you understand that??.

Useless Bank@ GTB.(Thieves)
They will never reverse any failed transaction.
They have done that to me several times(I will call, Chat, fill & send dispense error form online and even email them to complain, yet nothing would be done.)
I work outside town where no branch in available, for me to visit any, i will have to miss work for that day.
So annoying, am just waiting for my leave to be approved, let me go and tell them how i feel about their useless customer services and non nonchalant attitude towards customers.

davibid:
This man sef na all the banks for Nigeria dey owe am then na which money e dey take run him business

E konsain yhu

Xisnin:


How many times are you going to close your non-existent account?

D nnumber of times it would keep haunting u

Newpride:
This man sha wanna be rich by all means.
Dangote doesn't make his money this way, Mike Adenuga doesn't make his way.
innoson go and improve more on ur work and pay back what u owe GTB.
what other igbo own banks can't do for when U needed them is what GTB did but see the way u are paying back. Innoson u are an ingrate and won't go free at the end.

so after reading this article, this all you can say? You are so biased that you cant even see beyond your nose.
from high court to appeal has asked gtb to pay the man, why e dey pain u? when supreme court add their own then gtbank go hear word. #thieves

Ofemmanutosure:


Maybe you dont understand what happened yourself. He refused to pay the remaining 200million naira which later accrued an interest of the 560million over time. Gtb wouldnt have thrown his account into that debit if he had paid down his loan. This is a crook and should be dealt with as such.

He refused to pay balance 200m after a fed high court has asked customs to pay him 2.4b. why did gtbank not honour the court ruling? why did gtbank approach custom to appeal a case that had nothing to do with the bank? and why did gtb not deduct from the 10billion customs had with them to pay innosson like the court ordered? and simply deduct their 200m from there . why did GTb agree that they stole 560m from his account? why would dey give loan at 22% and they want to pay back at 7%?

GTB are rogues and I bliv there is a high concpiracy by GTb to put the man out of biz.
But God strong pass them.......

nrexzy:

D nnumber of times it would keep haunting u

I knew you are one poor church who couldn't even afford opening an account.

so all along while d purported illegal deductions were being made from his account by gtb...his internal auditors or someone who should be responsible for reconciliation of his account with d bank never discovered these...well...maybe he was paying peanuts and employed monkeys in his finance department!!!

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shallysgirl:
Go and read the story again. Gtb took the remaining 200million and 560million on top of it. Which gtb agreed they did. The problem is the refund with the interest accrued.

All of a sudden he forgot the interest on the 1.5bn he borrowed. the 560 million could be the interest accrued by his debt to the bank.

If you have borrowed money from a bank, once it is time to payback an interest, it automatically debits you whether you have money or not.

How would GTB pay him from customs account without a directive from the customs

ProWalker:


How did he arrive at his 21B within a space of 10 years or there about?
There are so many loopholes in his account.
How dis he know that GTB was having Customs 10B in the bank
How would GTB tamper with Customs momey without customs approval?
He was paying down principal that started accruing interest from day one and thought the bank will waive interest accrued? Who does that?

Obviously the bank system was debiting his account with monthly interest repayments.

It's this repayment that he is claiming the bank is owing him and also calculating his own interest upon.

God bless you, I dont know how people reason and comprehend.

I took my time to read this report because it is coming from Innoson himself to fully understand this issue.

He is just trying to play a fast one.

fideleict:


Learn to quote properly. I wouldn't have seen this if I was relying on my mentions. That aside, maybe a little lecture on how judiciary works. You see, when you appeal a court judgement, a stay of execution can easily be obtained against the judgement pending when an overriding judgement is obtained at the appeal. Fortunately for us, the supreme court is the highest court in Nigeria, meaning once a judgement is reached at the supreme court, there is nothing GTBank, or anyone for that matter can do about it. Comply or face the consequences, dazall!

So, the lecture done, the 21b Innoson is quoting is based on a 22 percent interest rate, as ordered by a competent court in the second judgement received, not some claims as you so put it.

One more thing, learn to talk properly in public (maybe you didn't know Nairaland is a public forum, I'll give you the benefit of the doubt).

21b as interest from which money. Who is owing who in the first place. Did innoson pay the interest accrued by his debt

Ofemmanutosure:


Maybe you dont understand what happened yourself. He refused to pay the remaining 200million naira which later accrued an interest of the 560million over time. Gtb wouldnt have thrown his account into that debit if he had paid down his loan. This is a crook and should be dealt with as such.

not on 200 million, but on 1.5bn because he never paid the interest

Pesuzok:


21b as interest from which money. Who is owing who in the first place. Did innoson pay the interest accrued by his debt

GTB illegally deducted 560m from Innoson's account over a certain period of time some years ago and the court told the bank to pay back that money at 22% interest rate. The same rate innoson is paying the bank for the loan taken. Isn't that fair enough?

Innoson is owing the bank 200m plus interest on 1.5b loan at 22% while GTB is owing innoson 560m plus interest at 22%. Customs is also owing Innoson for illegally selling his goods (goods bought with the 1.5b loan).

Pesuzok:


All of a sudden he forgot the interest on the 1.5bn he borrowed. the 560 million could be the interest accrued by his debt to the bank.

If you have borrowed money from a bank, once it is time to payback an interest, it automatically debits you whether you have money or not.

How would GTB pay him from customs account without a directive from the customs

There is what is called "Garnishee proceeding" in law.

In the simplest of terms, If I get a Court judgment against you to pay me say 2million naira and I discover that you have an account with Access Bank holding 5million naira, the law empowers me to inform the Court by way of a Garnishee proceeding and the Court will order Access Bank to pay me my 2million from the account you operate with them holding 5million naira.

That is what Innoson did in respect of the Custom case. Custom's account with GTB was garnished and the Court ordered GTB to pay Innoson over 2billion naira from Custom's account holding over 10billion. GTB doesn't need Custom's approval here. But instead of GTB to pay, they refused and appealed the decision and have lost at the Court of Appeal Ibadan. They are at the Supreme Court now and GTB already lost a part of the Supreme Court's ruling on some of the issues raised.

Mind you, this is different from the case in which over 14billion was ordered by the Supreme Court that GTB pays into the Chief Registra of the Court of Appeal's account until their appeal is determined(this is illegal deductions' case)

GTB is in a serious mess. Their legal team needs to be sacked.