₦airaland Forum

kelly72:
What a childish way to deceive yourself!

No debtor or thief can be free of liability just because he suddenly changed his name, not in law

So after supreme court judgment GTBank can change name and it will be all over?

Your mumu too much.

Cptflint:
USA know that they cannot face Russia. Unless they want to be burnt to crisp...their allies are weak and won't like to get involved with Russia. All these are just useless threats. Everything is on the table.. Taliban took back Afghanistan. Everything is on the table North Korea has become a nuclear power.
. very soon Iran Will weather US sanctions and become more stronger. Russia has weathered harshest EU AND US sanctions.. nothing pricks them any more.
Ukraine should dialogue with Russia and solve the impasse.. because Western allies wouldn't send their citizens to die in Ukraine just like that without compensation.

warlordd:
So u think Innoson does not have his own team of lawyers that guide him on what to do?

inoki247:
Released to serve his punishment I don't understand that statement oh after spending how many days in the cell..

perambulator:
The case is still in court. In any event am I GTB? Wetin concern me? All I said is in the event GTB loses, Innoson can NEVER own GTB for the reasons outlined. You people should act like you have a few brain cells and stop posting like morons.

InyinyaAgbaOku:
Gtb makes this and that, so what ships them from paying innoson ?

36STATES:
Which one is Delta? Is delta and SS an ethnic group??

SlyDev:
Other Yoruba shy from it reason you get away with it, not anymore

Ayemileto:
Is it possible for GTB to sell all its assets to GTCO without selling it's liabilities?

InyinyaAgbaOku:
You are the illiterate one here.
If you buy a company, you buy the assets and liabilities.
That crap you wrote up there is the reason you should ask for the refund of your school fees

Megatrix:
You're the one that is ignorant here. Change of name means nothing before the law. The court judgement is still binding on Gtbank or whatever name they change to. When you take over a company, you inherit all their assets and liabilities. The debt to innoson is a liability and any one who takes over GTbank assets also inherits that liability.

ShoeShineGuy:
I stopped banking with them long time ago. They kept deducting what was left until shame nor gree them notify me again. Maybe they're waiting for me to put money again so that they can remove at once all they've not being able to.

All I have there now is less than 1k and in case they liquidate, I don dash them that balance as a good Nigerian wey I be.

Cantonese:
Ha.

This is of great concern and also a lesson to all. Someone lends you money to do business and that same lender turns around to owe you, within the same transaction.

GTBank the lender in this case turned around to owe Innoson and now on the edge of losing their bank to the same organization they loaned money to import goods many years ago.

I think officials of GTbank mismanaged this issue completely. Even with the aid of EFCC, they lost. If this matter is resolved amicably, the board MUST be sacked.

One thought also strikes my mind knowing the Nigeria where we are. Is it not possible that there is a connivance somewhere to secure victory for Innoson and then the players concerned go behind the back to get their cut of a fallen GTbank?

RoddyMan:
Innoson can never take over the running of the bank.

All Plc's are required to make provision for judgement debt in their books in the event that a court decision is awarded against them on active litigations.

For a bank that declared over N200bn in profit in 2020, one would expect a senior lawyer who has done minimal research to make smarter utterances.

izzy4shizzy:
This bank has lost its values, I remember when I first started banking with them, very excellent service, but now.

Total rubbish, would close my account very soon self

FarahAideed:
This is not a mere name change .GT still exist and GT is not GTCO ..Go figure

MASTAkiLLAh:
I knew hopeless, tribal bigots like you will crawl out of your covens. Should Innosson keep quiet even as a victim just because he's an Igbo man ? I tire for evil people like una

mushystuff:
Whatever name it changes to will assume all assets and liabilities of GTB as it existed at the time the judgement debt was entered against it so it's of no moment what name the management decides to change to.

warlordd:
GTB having lost at the Supreme Court, is in deep shit. With time the bank will be taken over. Just a matter of time!!!

Thomist:
That your mother slept with those gutter street guys to give birth because of your father's weakness to impregnate your well known olosho mother doesn't mean is applicable to everyone. Idiot.

AfonjaConehead:
.

Mariangeles:
Yeah. He has his mother's nose.

AlexBells:
He is perfect blend of the father and the mother,