Sarrki's Posts
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JasonScoolari:Try not to skip your appointment with your doc this week |
UmuEri:You actually need a psychiatrist
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Tinubu was never a governor or leader of a particular region Yet they call him in their sleep
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Press Release GTB Must Comply With The Supreme Court Judgment And Pay The N8.7Billion Judgment Debt. GTB’s bid to stop Innoson from taking it over nosedived last week Friday, April 5th, 2019 as the Federal High Court sitting in Ibadan refused to hear or grants it an injunction to restrain Innoson from continuing to levy execution against it; the court also refused to stay execution. Despite the decision of the Supreme Court on February 27th 2019 dismissing the appeal by Guaranty Trust Bank (GTB) and affirming thereby the concurrent judgment of Court of Appeal, Ibadan division and Federal High Court Ibadan which ordered GTB by way of Garnishee Order Absolute to pay Innoson Nigeria Ltd the sum of N2.4 Billion with a 22% interest, per annum, on the judgment sum until the final liquidation of the judgment debt, the bank is yet to comply with this order. In order to stop Innoson from continuing with taking over its assets in execution of the aforesaid judgment GTB approached the Federal High Court, Ibadan on Friday, 5th April 2019 and requested the court, through a motion, to stay execution and or for an injunction restraining Innoson from continuing with executing a judgment which the Supreme Court has affirmed when it dismissed the GTB’s appeal against the Court of Appeal’s decision affirming the High Court’s judgment and order in favour of Innoson. We have previously stated that in a garnishee proceedings, once an order of garnishee nisi is made, the garnishee is required by law to set the amount involved aside and will not allow the judgment debtor to withdraw from it; and if the order is made absolute, the garnishee pays the money to the judgment creditor and incurs no liability for doing that but if the order is not made absolute the garnishee returns the money to the judgment debtor. It will be recalled that the order was made absolute since 29th July 2011 and GTB held unto the money from that time and is using it for its business. It follows that by the time the order was made absolute it was no more the judgment debtor’s money but rather that of Innoson Nigeria Ltd who is the judgment creditor; if a garnishee refuses to comply with the order, then, it becomes a judgment debtor, as GTB has become in the present case, against whom execution of the order will issue. Innoson Nigeria Ltd is aware that GTB had earlier deposed to an affidavit in the court that its banking operation will be seriously and adversely affected, and also its capital base eroded if it complies with the order of the court. Based on the foregoing and in furtherance of the letter to GTB by Counsel to Innoson Nigeria Ltd, McCarthy Mbadugha & Co on March 25th, 2019 that it pays the N2.4B Judgment debt to Innoson Nigeria Ltd with the accrued interest of N6,717,909,849.96, Innoson Nigeria Ltd therefore demands from GTB that if it’s banking operation will be seriously and adversely affected, and its capital base eroded as a result of the N8.7B judgment debt, that it should as a matter of utmost urgency convert the said sum or part of it into shares and allot same to Innoson Nigeria Ltd. This will save taking it over in the manner Innoson is doing. Cornel Osigwe Head Corporate Communications Innoson Group https://m.facebook.com/InnosonVehicles/ |
robinso01:The 1975 coup killed Nigeria Gowon In 9 years infrastructural and economic terms did better than all the military and civilian administration we had till date |
Amuocha:This indomie Generation sef |
The military coup of 1975 was uncalled for It makes the junior and opportunist officers to see it as a way of seizing and amassing wealth Ever since Nigeria is not balance From Festac 1977 Austerity in 1978/1979 Sap during Ibb damaged our country seriously
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streetsoldier1: ![]() |
CodeSapien:You get time sha
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N some people will say money no dey make person Craze God give us our daily bread with contentment Everyone is blessed in his or her own way Thank him for every situation you are in Remember death every minute Coz you have you don’t all must surely taste it Remembering death will make us be contented |
VIDEO: I once withdrew $10m cash just to look at —Aliko Dangote Published Africa’s richest man, Aliko Dangote, on Saturday, revealed that he once withdrew $10 million just to look at it and prove to himself that he was indeed rich. He said this at the Mo Ibrahim governance weekend in Abidjan, while he was chatting with the convener, Ibrahim. In the video, which was shared on the YouTube page of the Mo Ibrahim Foundation, Dangote said, “The way it is that when you first start business, your target is to make your first million. Fine, I did that. READ ALSO: Scrap your post, Senegal President Sall tells prime minister “After a year or so, I realised that I had much more, and I said ok, fine, all these numbers are just written numbers. “One day I went to a bank, and at that time, there were no restrictions, and I wrote a cheque and cashed $10m from the bank and put it in the boot of my vehicle, and I went home and I opened it and I looked at $10m and I said ‘now I believe I have money’.” He added that he returned the money to the bank the next day. See video: https://punchng.com/video-i-once-withdrew-10m-cash-just-to-look-at-aliko-dangote/ |
okrikaboi:May your days be long with good health |
globemoney:How are you different from the statement you just made? |
Nicklaus619:Amen I love this guys God bless Our gallantry guys |
buddenlove:Is it good to go to a sacred place like that? |
immhotep:In your own case you actually need a psycho doc |
Amuocha:Everything is not scam That’s why you need to start believing in yourself So that things will start working for you |
Mummy God Bless You God bless All mother’s God bless All To be Mother’s You are the best We love you Mum Dead or alive we love you our mother’s
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Nigerians are not lucky of political leaders to religious leaders |
phelonrays:Calm down brother During the time of John the Baptist the kingdom of God suffereth violence only the violent taketh it by force We are in New Testament Grace is sufficient Old things have passed away |
Tight good writing material |
Say To the righteous It is well
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Olu20090:Last last you go dey alright
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Olu20090:We Africans take pride in being stubborn |
Olu20090:Let’s all grow up and say NO to tribalism, ethnic and religious intolerance |
Arik Air flight Abuja to Lagos took off at 7.30pm and just landed at 12.30am due to bad weather and after a near landing trial in Lagos at about 9.30pm and a return to Abuja to refuel.Aviation blues with the#conversationalist.
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mercenary:Then stop fanning hatred |
Our forum is well known for it See We asked that triba defamation should also be part of the rules and attracts ban
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Also am guilty as charged Though I do it for the fun of the response on the forum But I think we should all desist henceforth I Think it’s high time we stop this thrash before it stops us. With the last election it shows really well that there is really Cold War Between the two. The major media houses and politicians that fans it are all from the two ethnic group https://www.lipstickalley.com/threads/whats-the-difference-between-igbo-and-yoruba-people-of-nigeria.571319/
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Nigerians love sad stories No confirmation before going round
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Na their papa get stroke, Mr. Ibu debunks stroke rumour Popular comic actor, John Okafor, a.k.a Mr. Ibu has debunked the rumours making the rounds that he is currently down with stroke, saying “Na their papa get stroke.” |
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