₦airaland Forum

blank:
Regardless of whatever case they have with or against him, if the Supreme Court has ruled that an account should be garnisheed and they should pay, they had better pay up or be in contempt of the court ruling.

and you think a whole GTB don't know this much?

eagleeye2:
This is purely a business and legal matter, but you and your like have made it tribal. Tueh for Nigerian youths

Guy chill out, i've tried to be civil but they just keep gloating. Everyone has his limits in taking it.

I apologize that you had to see me in this light tho.
However, let's see how it plays out.

Iamgrey5:
I have to say I am shocked at the lack of proper education in this country

Innosan is not a law enforcement agency that will start sealing Gtbanks branches all by itself

Even if Gtb were to refuse to pay as stipulated by the Supreme Court judgment, there's still a legal option that innosan will use to collect the money.


Innosan cannot take law into their hands

GTB is a public liability company.

Thus, incase the GTB doesn't have the money to pay, they will have to file for a bankruptcy which will prompt the organization in charge of Debt management in Nigeria to take over their assets and sell them to raise money.


So it is a process, None of which has happened yet. Still, some people believe that Innosan possess the power to close Gtb banks by themselves.

You're a Wiseman brother

Truth234:
and you think a whole GTB don't know this much?

They do and that's why i am wondering why they want to err on the side of illegality?

Chipink:
hahahahahaahahahha.
U just cracked me up.
Seunn should start banning mad people here oh LMAO

Are we not all mad in Nigeria?
Nice I could make u laugh

phransix2:
Are we not all mad in Nigeria?
Nice I could make u laugh

Lol
U people play too much

All4real2:
she u Na say 8 billion is a chicken change for GTB Why are they runing round with noise making now shebi una say they control trillions as an annual profit then what is happening now.i laugh as you guys were busy publishing GTB annual income yestaday u forgot that it's plc if every investors should withdraw their investment from the bank they may not be able to count 8 billion as their own rather than sympathising with them you are busy complicating issues all in the name of tribalism. Though it's not your fault he who wears shoe knows where it pinches.

Truly you guys are dull..do you even kwn how much the bank budget down for cars alone in a year?? Not to talk more of other day to day running??

blank:
They do and that's why i am wondering why they want to err on the side of illegality?

Maybe there is more to the whole case than meet the eye.

I think the company secretary of GTBank deserved to be sack for putting the back in such a shameful mess. Everything is blown out of proportion.

izzou:


This guy is sealing up branches in the East and you guys are still writing stupid letters everywhere

Or maybe it's true that Gtbank doesnt have 8 billion naira to give Chukwuma.

please name one or two branches that have been sealed. I will confirm it right now

wasuka14:
So how do 2billuon now become 8billion innoson is claiming??

accumulated 22% interest per annum, it acrued 6billion more. The case has been on for years

Chipink:
Lol
U people play too much

Is life as a Nigerian not hard enough? We have to put smile on our faces no matter what...

You are the one without sense and you claim you are a scholar. What is the court's business with CBN? Scholar, please go and do more scholastic digging.


CBN is the bank of all banks in Nigeria, if the judgement is true as claimed by innoson, ipobs and fools like you, a copy of the judgement will be sent to CBN through the court for effect.
The money will automatically be deducted by CBN from the account of gtb if gtb fails to respond to such judgement within a stipulated period of time given gtb by CBN.

AngelicBeing:
Hian

You see your country man?
100k 4 gala

Iamgrey5:
I have to say I am shocked at the lack of proper education in this country

Innosan is not a law enforcement agency that will start sealing Gtbanks branches all by itself

Even if Gtb were to refuse to pay as stipulated by the Supreme Court judgment, there's still a legal option that innosan will use to collect the money.


Innosan cannot take law into their hands

GTB is a public liability company.

Thus, incase the GTB doesn't have the money to pay, they will have to file for a bankruptcy which will prompt the organization in charge of Debt management in Nigeria to take over their assets and sell them to raise money.


So it is a process, None of which has happened yet. Still, some people believe that Innosan possess the power to close Gtb banks by themselves.

the failed education system in Nigeria is to blame

Ugosample:
You see your country man?

100k 4 gala

Lol, he is kidding

fatymore:
anybody with Financial accounting textbook by Frank wood please?

Frank wood and J omuya 1 or 2?

Human been can talk any how, the matter is in the court, it has not come to conclusion, how can they just pay the money like that?

Obainoneandonly:
the thing just get confusing each passing day.....don't know who to believe

Both of them are an idiots

Earthquake2:
Do you know how many customers and potential investors GTB lost already

The more they refuse to pay him the money the more it will increase, the jokes on you

You that you know tell us, mumu oshi, Chief financial officer of gtbank.

People just come online and stink of ignorance

AngelicBeing:
Lol, he is kidding

I know

AngelicBeing:
Lol, he is kidding

I know

ozo13:
Was even thinking of transferring some cash to my gtbank .with the way things r going I think it safe to move my cash to another bank

How much cash do u have ?

.

kernel001:
Story! Innoson is busy sealing Gtbank branches nationwide.

mention one branch and d state and which company buy it...........

Ubenedictus:
It doesnt affect gtb as an entity, they will simply debit custom's account.

So they claim, but why tell court they'll be affected?

Are you aware of the case of illegal deductions from Innosin's accounts?

Ugosample:
the failed education system in Nigeria is to blame

Right

Ugosample:
the failed education system in Nigeria is to blame

You think so?
Or too many educated illiterate

kernel001:
Story! Innoson is busy sealing Gtbank branches nationwide.

...stop lying...selling to whom?...u think bank property is easy to sell?...

oluayebenz:
You think so? Or too many educated illiterate

we are saying the same thing

phransix2:
I no kukuma get better money for una account... Na just N300 I get, if I hear kpakam I just dail *737*300#

I'll sue for did