₦airaland Forum

The Chairman of Innoson Motors, Innocent Chukwuma, on Thursday floored the Guarantee Trust Bank, GTB, at the Supreme Court.
BREAKING NEWS: SUPREME COURT ORDERS @gtbank TO PAY N14Billion WITHIN 14 DAYS

Today, 7th of June 2018, The Supreme Court struck out @gtbank ’s motion for stay of execution of the Enugu Court of Appeal Division’s order that @gtbank pays over N6 Billion into an interest yielding account at the Court of Appeal.

Innoson’s legal team which was led by Prof McCarthy Mbadugha ESQ told the Supreme Court that the Judgment debt which arose from excess and unlawful charges which @gtbank took from Innoson’s account now stood at over N14billion.

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The Supreme Court decision follows GTBanks motion for stay of execution at the Supreme Court when the Court of Appeal Enugu Division ruled on 9th Dec, 2014 that the Appellant (GTB) is hereby ordered to pay the sum of


Five Billion, Nine Hundred and thirty Six Million, One Hundred and Twenty Six Thousand, Two Hundred and Nineteen Naira, One Kobo (N5,936,126,219.01k) to the Deputy Chief Register of the Court within 14 days from the date of ruling

and which the Deputy Chief Register shall pay same into an interest yielding account in a reputable bank other than Diamond Bank or Mainstreet Bank Plc pending the determination of this appeal.

The money together with whatever accrues thereon shall be paid to the party who wins the appeal.

REMEMBER: @gtbank not satisfied with the decision of the ruling of Court of Appeal, filled a motion for stay of execution at the Supreme Court, however Supreme Court today struck out @gtbank motion for stay of execution and maintained that it will not hear @gtbank ’s motion for

stay of execution until it obeys the ruling of Court of Appeal to pay the said money into an interest yielding account.

By Supreme Court decision today, @gtbank is expected within 14 days to pay the sum of over N14Billion judgment debt to the Deputy Chief Registrar of the Court of Appeal Enugu Division and which will now be paid into an interest yielding account in a reputable bank


http://dailypost.ng/2018/06/07/breaking-innoson-floors-guarantee-trust-bank-supreme-court/
https://mobile.twitter.com/innosonvehicles/status/1004734052962840576?p

This news is false!

AKswift:
This news is false!

It is breaking news.


https://www.refworld.org/docid/4954ce2a2.html

[s]

AKswift:
This news is false!

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We are not Ola... or Ade... people that can't do without Fraud or skull.


Now I know this man is really a very strong man who stood his ground and resisted intimidation

Igbo Amaka

Donald95:


We are not Ola... or Ade... people that can't do without Fraud or skull.


Now I know this man is really a very strong man who stood his ground and resisted intimidation

Igbo Amaka

hate to break it to u it is false