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TundeBricklayer's Posts

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Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 8:31pm On Jun 13, 2018
DawatNama:
The issue with Onitsha is lack of academic environment. Something need to dilute its blue collar nature. If there is a university campus within the city limits it will influence the residents on how to act decent.
There is no packaging in Onitsha, 90% of the residents don't return after NYSC so there is dearth of mindset overhaul.
What sabmiller employees did at iyiowa taught me that educated minority can influence uneducated majority in greater length.

Anambra state need to take university campuses to Onitsha and Nnewi, if you visit Ekwulobia you will understand how Oko Poly students influence the locals
Where is the space for university in Onitsha? There is Tansia university in Umunya one of sub towns, how about Onitsha business school?

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 6:06pm On Jun 13, 2018
.
Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 6:05pm On Jun 13, 2018
mktinsight:
[s]Anambra needs to have better urban planning not just roads. Water, health, sanitation, industry. Onitsha to me is what you get when you leave the common man to plan. Chaos. A city that was a beacon of modernity with missionaries, schools, western trading companies has degenerated into a city of unregulated filth and commercial madness. Onitsha is supposed to have all the regional HQ of multinationals and banks but they flee to Enugu and Asaba. [/s]
Always posting senseless comments
Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 1:32pm On Jun 13, 2018
PROMOTEX a subsidiary of Chikason Nnewi

For over 30years, Promotex has been producing quality soap and disinfectant to promote a healthy and a germ-free environment in Nigeria.
We offer a wide variety of beauty and hygiene products. With the new Ultramodern Soap Plant, the company has a 22, 464 metrics tons’ annual production capacity. Our products can be found in any of our state offices and depots across the 36 state of Nigeria.

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 1:28pm On Jun 13, 2018
Afro Asia Nnewi

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 1:23pm On Jun 13, 2018
TundeBricklayer:
Afro-Asia plastic a subsidiary of Chicason group Nnewi

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 1:21pm On Jun 13, 2018
Since Incorporated in 2001, Afro-Asia Automobile and Plastic Industries limited.

The company today a full-blown plastic processing company manufacturing amongst others, various plastic based products such as jerry cans of all sizes, automotive plastics spare parts; PVC Pipes and Ceiling profiles, household containers and disposable wares. With operational manufacturing plant located in Nnewi, Anambra State and Corporate Head Office in Lagos, we currently offer exceptional combination of superior quality and economic value, achievable through the institutionalisation of sound, researched, efficient, innovative and cutting-edge technologies in all our processes.
We are currently installed to process over 20,000 metrics tons of high grade polymers and metal based raw material annually. As a company founded and known for quality products and driven by increased demand for our products, we are on the verge of making our quality products available all over the country.
Our products portfolio is dynamic and comes in different size and quality depending on the established standards or the specifications by customers.

Our products includes:
quality industrial and domestic plastics containers (e.g. jerry cans), high quality automotive plastics spare parts (e.g. crash helmets, industrial helmets, side covers for motor cycles, etc.), quality Medical Service Accessories (e.g. Petri Dish, fluid collecting tubes, test tubes, drug envelops, etc.), high Quality Disposable Products (e.g. cups, plates of different shapes and sizes, spoons), high Quality PVC products (e.g. pipes of all sizes, ceilings of various designs).

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 1:17pm On Jun 13, 2018
Afro-Asia plastic a subsidiary of Chicason group Nnewi

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 1:09pm On Jun 13, 2018

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 1:07pm On Jun 13, 2018
More.

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 1:02pm On Jun 13, 2018

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 12:08pm On Jun 13, 2018

Business › Innoson Vehicles Embodies The Spirit Of Made In Nigeria Says-bbc News by TundeBricklayer(op): 12:02pm On Jun 13, 2018
Nigeria's reservation on free trade deal
Why President Buhari of Nigeria is reluctant to sign the African Continental Free Trade Agreement.


Kindly watch
https://www.bbc.com/news/av/business-44254939/nigeria-s-reservation-on-africa-s-free-trade-deal?ocid=wsnews.chat-apps.in-app-msg.whatsapp.trial.link1_.auin

Lalasticlala

Business › Re: We lied about GTBank, Supreme Court judgment – Innoson admits by TundeBricklayer: 9:46am On Jun 13, 2018
tiger28:
T[s]hey lack the finesse. If the owner couldn't improve on his english [he speaks like a vulcanizer] in ALL these years? What else do you expect of safety?igbos lack the sophistication to move things to INTERNATIONAL levels. By the way, have you seen the "assembly plant"? Its an uograded mechanic shop. They are STILL using spanners and screw drivers in 2018!![/s]
He is by far better than your fa...the, at least his name ring bell in Nigeria and beyond nobody know you outside nairaland.
He owns the biggest plastic industry in Nigeria and only vehicle manufacturing plant, what is you sophisticated mor*n famill..y known for huh He is not international business man but his vehicles are being exported to 10 African countries, CNN, BBC, French tv, SNBC has visited his company many times and broadcasted his great work, ordinary your state news network doesn't know who you are or your family.


Bitter child I guess this his plant you are referring to, non of your family member can get were he is today.

Business › Re: We lied about GTBank, Supreme Court judgment – Innoson admits by TundeBricklayer: 9:44pm On Jun 12, 2018
babatee100:
[s]Ipodians or Apodas won't like this. People from yEastern potopoto 5% region have had their sense of reasoning removed since 0000 BC. Ipodians are already on their way to the Supreme court accompanied by their dullards ohaneze[/s].
This head line is misleading, kindly read his full statement from reputable websites

The Chief Executive Officer, CEO, and Chairman of Innoson group of companies, Innocent Chukwuma, has spoken up for the first time after winning a court case with Guarantee Trust Bank, GTB.
DAILY POST had reported on Thursday that the automobile maker floored GTB at the Supreme Court with the bank given a 14-day ultimatum to pay him the sum of N6 billion

Explaining the court judgment in a statement on Sunday by its Head of Corporate Communication, Cornel Osigwe, Innoson group explained that as at June 7, 2018 the bank was due to pay over N6billion as “judgment debt” to the court’s Registrar as ordered by the Enugu division of the Court of Appeal.

Innoson group stated, “There have been a lot of misinterpretations on the press release published by Innoson Group on the decision of the Supreme Court.

“Therefore, we deem it fit through this medium to properly address and educate the public on the factual outcome of what happened at the Supreme Court on the litigation between Innoson and GTB.

“On 9th of December 2014, the Court of Appeal Enugu Division, delivered a ruling and ordered Guaranty Trust Bank Plc to, within 14 days, pay a Judgment debt of about N6billion to the Deputy Chief Register of the Court who shall pay same into an interest yielding account pending the determination of GTB’s appeal.

“However GTbank not satisfied with the ruling of the Court of Appeal, headed to the Supreme Court and filed a motion for stay of the execution of the order.
“Therefore it noted that it is incumbent on GTBank to pay the said money to the Deputy Chief Register of the Court within 14 days from the date of the Supreme Court ruling which is expected to be paid into an interest yielding account in a reputable bank pending the determination of the substantive suit.”
http://dailypost.ng/2018/06/11/innoson-speaks-first-time-flooring-gtb-explains-supreme-court-ruling/
Business › Re: We lied about GTBank, Supreme Court judgment – Innoson admits by TundeBricklayer: 6:40pm On Jun 12, 2018

Business › Re: We lied about GTBank, Supreme Court judgment – Innoson admits by TundeBricklayer: 6:36pm On Jun 12, 2018
Younggeneral:
haha
Fake IVM website
This is official IVM website

Politics › Re: The Unofficial Results Of The Annulled June 12 1993 Election by TundeBricklayer: 3:08pm On Jun 12, 2018
[quote author=EarthXmetahuman post=68411633[s]]if I give your flat head a dirty slap, you won't see front again.

Wike is ikwere, ikwere is not ibo. Wike has proven that by honouring gowon for given ikwere their identity.

You land grabbing flat heads should face forward.[/s][/quote]grin grin grin
Those Saying Ikwerre People are Not Igbo are Mad - Chibuike Amaechi


https://www.youtube.com/watch?v=u0-Nkk_I8eo
Politics › Re: The Unofficial Results Of The Annulled June 12 1993 Election by TundeBricklayer: 9:21am On Jun 12, 2018
oooduancalmdown:
Why are you now shouting that Yoruba betrayed you?
I can remember shouting here like you folks, please can you show me where I said Yoruba betrayed me?
Politics › Re: The Unofficial Results Of The Annulled June 12 1993 Election by TundeBricklayer: 9:13am On Jun 12, 2018
Emusan:
Nothing interesting here!

The same Abiola won ALL the SW states while Tofa never won one, is that not a great division?
Don't mind the west, they are the most tribalistic region in Nigeria, Abiola won in north while Tofa didn't win any state in west, in the east Abiola won in Delta, cross river, Anambra, and Rivers, if it was Igbo man against Tofa, they will rather vote for Tofa, charcoal call cattle black.
Politics › Re: The Unofficial Results Of The Annulled June 12 1993 Election by TundeBricklayer: 9:04am On Jun 12, 2018
EarthXmetahuman:
[s]only rivers out if all south south states.. plus we all know rivers was dominated by Igbos until each tribe started defining their identities. And those who actually owns rivers.

So they can be pardoned.[/s]
You are ignorant
Politics › Re: The Unofficial Results Of The Annulled June 12 1993 Election by TundeBricklayer: 8:44am On Jun 12, 2018
Tobyarab:
Abia, Imo, Enugu no try at all. Tofa ke.
You no see Rivers na only southeastern states you saw?
Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer:
Ofodirinwa:
LOL Aba's metro isn't verticle?

4967612_image3a88454_jpeg24e1d4e516cbd6e762704ed250550c6c[/img]
Boy stop arguing blindly, Anambra is most populated state in southeast, Onitsha metro is largest in southeast, do you know Obosi is more populated than Onitsha, Idemili north is most populated LG in Anambra and four towns from Idemili north falls under Onitsha metropolis: Obosi, Nkpor, Ogidi, Oba and other LGs also make-up Onitsha metropolis Oyi and Ogbaru, the census figure didn't capture those areas together with Onitsha figure.

like pictures below, Nkpor ane Obosi Idemili north LGA part of Onitsha metro

Politics › Re: Update on developments in Anambra state-photos by TundeBricklayer: 5:48pm On Jun 11, 2018
Ofodirinwa:
Enugu and Aba are both bigger than Onitsha.
Onitsha metropolitan: which consist of Onitsha, Atani, Nkpor, Obosi, Oba, Nkwerre, Ogidi, Odepke, Ogbunike is bigger than Aba and Enugu town join together by landmass and population fact.
Business › Re: Gtbank Vs Innoson At The Supreme Court: What Really Happened by TundeBricklayer: 12:57pm On Jun 08, 2018
maximunimpact:
[s]The long running case between Guaranty Trust Bank and Innoson finally had its day in the Supreme Court, and although there have been some wild tales on what transpired, here is the factual story of how it went down.

Even before the doors of the Supreme Court had shut for the day, what was meant to be a simple directive by the Apex Court on the case between Guaranty Trust Bank and Innoson had been turned on its head, with false versions of the Court’s directives spread online and across social media.

It began with the claim, contained in Press Release circulated by Innoson, that the Supreme Court had ordered “GTB to Pay Innoson’s N14Billion Judgment Debt into an Interest Yielding Account.” The records of the Apex court show no such thing, instead it asked both parties to return to the Court of Appeal, Enugu Judicial Division, for a hearing on GTB’s appeal scheduled for the 14th of June, 2018.

GTB has also released a statement on the actual events of the day at the Supreme Court. “The attention of GTBank has been drawn to false, mischievous and malicious statements circulating in the news and social media in respect of a purported directive by the Supreme Court of Nigeria to the Bank to make payments to one of its debtor Customers,” the Bank said in an official statement. “There was no directive or Order issued by the Supreme Court of Nigeria to the Bank to make any payment to any of its debtor Customers. We again reiterate that there is no iota of truth in the falsehood being peddled by desperate and mischievous elements and the General Public should disregard same in its entirety,” the Bank added.

In fact, the Supreme Court simply directed GTB and Innoson to return to the Court of Appeal for a hearing of the Bank’s substantive appeal on the matter. It is actually in the tradition of the apex court to issue definitive rulings only on Fridays, and what it delivered today was more or less a directive. However, court feelers say this is actually a win for GTB as it grants what the Bank has always wanted—and what Innoson has consistently stalled, which is for the Court of Appeal in Enugu to hear the Bank’s appeal.

The Bank’s appeal of a 2013 High Court judgment gotten by Innoson had stalled at the Court of Appeal for the past two years due to the pending motions filed by both parties at the Supreme Court. On Thursday, 7th of June, 2018 the Apex Court finally sat on the matter and asked both parties to withdraw their motions and return to the Court of Appeal, because GTB’s appeal at the lower court had not been heard.

“The implication [of the Supreme Court Directive] is that both parties are going back to the court of appeal for the Bank’s substantive appeal to be heard,” a source in one of the legal teams of the parties said. “The court said it won’t hear any applications and asked all parties to withdraw their applications.” One of the applications that was withdrawn and struck out by the Supreme Court is the plea filed by Innoson on 27th of February, 2015 askingfor the court to order GTB to issue a money guarantee to the court. This is interesting because it means that, rather than rule for the Bank to pay Innoson 14bn as the latter had claimed, the apex court struck out that particular request.

Back to the Appeal Court

Following the directive by the Supreme Court, the substantive appeal filed by GTB will now be heard at the Court of Appeal, Enugu Judicial Division, on the 14th of June, 2018.This appeal has been repeatedly delayed by the Innoson camp using moves such as itsmotion filed by on October 3, 2017to prevent the appeal from being heard. Back then, the Court of Appeal had expressed surprise that Innoson (the Judgment Creditor) is not desirous of allowing the appeal to proceed.

Again, in the proceedings of 24th October 2017 in CA/E/275/2015 between same parties, the same Prof. Mbadugha appearing for Innoson and other Respondents had scuttled proceedings when he refused to proceed with Appeal even though it was clear that the Appeal was ripe for hearing and opted to pay costs. Prof Mbadugha said to the courts: “I ask for an adjournment even though all motions have been taken… I offer N50,000.00. The Appeal Court responded; “This application for adj. has no basis, but in the interest of justice it is hereby granted. The appeal is ripe for hearing. Cost of N100,000.00 to the Appellant against the Respondents. Appeal adjourned to 17/4/18 for hearing.”
[/s]
However, following today’s hearing at the Supreme Court, it seems all hurdles have been cleared for GTB’s substantive appeal to be heard by the Court of Appeal.

Festus Igbinosa is a financial analyst and he writes from Abuja

https://www.financialwatchngr.com/2018/06/08/gtbank-and-innosons-day-at-the-supreme-court-how-it-went-down/
You are a liar, if I may ask who file case at supreme court huh
Innoson won gtb in all the cases they filed against Innoson starting from appeal in Enugu, Ibadan, Lagos and now Supreme court, stop deceiving gullible youths.

Kindly read
b]Tracing its history with the bank, the company[/b] said that at all material times, it oprates a current account with GTB and it discovered imposed excess and unlawful charges in its current account in the sum of N560million and that the bank was demanding it to pay this to it with the accrued interest thereon, but it requested the bank to credit its account with the N560m and the accrued interest. The company said that the bank refused this request, as a result, it commenced suit FHC/AWK/CS/139/2012 against the bank before a Federal High Court, Awka and obtained judgement in excess of N4.7billio against the bank. The bank appealed the judgment to the Court of Appeal, Enugu in appeal CA/E/288/2013. The Court of Appeal, Enugu in its ruling ordered the bank to pay the judgment debt of N5.7bn inclusive of the accrued interest and any interest that would subsequently accrue thereon into an interest yielding account in the name of the Chief Registrar of the court. On the Customs angle, the company said Nigerian Customs Services sold its goods by auction, following which it commenced suit FHC/L/CS/603/2006 against customs. Thereat, judgment was rendered in excess of N2.4bn in favour of Innoson in the suit against customs. Subsequently, Innoson garnisheed customs’ account with GTB. Through a garnishee order absolute the court ordered GTB to pay the judgment debt of over N2.4bn to Innoson from customs account with it. GTbank appealed this decision to the Court of Appeal, Ibadan appeal CA/I/258/2011. However, on February 6, 2014, the Court of Appeal, Ibadan dismissed the bank’s appeal, affirmed the decision of the Federal High Court and ordered the bank to pay the judgment debt of over N2.4bn to Innoson from customs account with it. The company insisted that at all material times, goods imported by Innoson were consigned to GTB under the relevant Bills of lading. The bank endorsed the Bills of lading to Innoson and released same to Innoson. The bank recorded its endorsement and releasing of the Bills of lading to Innoson in its records. To this extent, before the bank released any of the Bills of lading to Innoson, it would first enter the particulars or details of the Bill of lading in a book – register – and then both the bank’s officer releasing the Bill of lading and Innoson’s staff collecting the Bill of lading signed the book- the register. The bank released all the Bills of lading to Innoson and they were all dully recorded and signed for in the bank’s record-book. Again, all the duties paid for the consignments – goods – were paid by the bank. Upon completion of clearing and taking delivery of each consignment, Innoson returned the exchange control copies in relation thereto to the bank for onward transmission to CBN, which the bank transmitted to CBN. On Economic and Financial Crimes Commission, EFCC, involvement, it said that the commission discovered in conjunction with NDIC that reconciled and or audited Innoson’s account with GTB that excess and unlawful charges in the sum of N560m was imposed in Innoson’s account with it and was demanding Innoson to pay same to it as its legitimate earnings. Legitimateearnings Also, EFCC discovered that the bank had a register wherein it entered the particulars/details of all the Bills of lading it endorsed over to Innoson and that the bank’s staff signed the register for the release of the Bills of lading to Innoson’s staff who also signed his collection/receipt of the Bills of lading from the bank in the register. Consequently, EFCC asked the bank to produce the register but same it yet to be produced. Innoson added that it sued EFCC and the Police to enforce its fundamental human rights and that of its staff that it alleged was breached in the course of the investigation; and for an order of the court that all the documents that were subject to forensic investigation be sent to independent investigation, viz – FBI and or Scotland yard for analysis. On the facilities by the bank, Innoson said that the bank granted various facilities to it which it secured with a legal mortgage of over N4bn and had defrayed them save the excess charges which was a subject in suit FHC/AWK/CS/139/2012 at the Federal High Court, Awka for which Innoson has subsisting judgment in excess of N6bn in its favour against the bank, while GTB’s case – suit FHC/L/CS/1119/2014 against Innoson at the Federal High Court, Lagos, the bank never claimed that Innoson was indebted to it in the sum of N2.4bn. It added that the bank in suit FHC/L/CS/1119/2014 at the Federal High Court, Lagos froze Innoson’s account in all the Banks in Nigeria from September 18, 2014 until June 10, 2015 when same was dismissed and the freezing order set aside. Afterwards, it said that commenced a N30bn suit against the bank for damages it suffered as a result of the freezing order.

Read more at: https://www.vanguardngr.com/2015/07/innoson-in-court-denies-owing-bank-n2-4bn/

Yesterday Supreme court ruling on GTB vs Innoson which GTB filed against Innoson

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.
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 yestetday struck out GTB 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.
Business › Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by TundeBricklayer: 9:12am On Jun 08, 2018
summerky:
I wonder who fabricated such lie
Nothing like fabrication, GTB is is being economical with the truth, the Supreme Court decision yesterday 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.
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 yestetday struck out GTB 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.
Business › Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by TundeBricklayer: 1:30am On Jun 08, 2018
Neoteny:
Innoson fabricates lies the way he fabricates his cars: cheap, shaky, unsafe and of sentimental value only.
GTB is trying to safe face, Supreme Court yestetday struck out GTB motion for stay of execution
Business › Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by TundeBricklayer: 1:28am On Jun 08, 2018
deedeedee1:
Ibo people. Na wa for una. So much lies. GTbank should not lend this man money anymore. If he knows he can't do without victim mentality, let him borrow money from ibo banks.
Yoruba people should be careful with who they do business with. There are terrible people everywhere.
I would like it if the country is split so we will all learn to mind our business. I am tired of the hate and disunity. Let us go our separate ways.
Tracing its history with the bank, the company said that at all material times, it oprates a current account with GTB and it discovered imposed excess and unlawful charges in its current account in the sum of N560million and that the bank was demanding it to pay this to it with the accrued interest thereon, but it requested the bank to credit its account with the N560m and the accrued interest. The company said that the bank refused this request, as a result, it commenced suit FHC/AWK/CS/139/2012 against the bank before a Federal High Court, Awka and obtained judgement in excess of N4.7billio against the bank. The bank appealed the judgment to the Court of Appeal, Enugu in appeal CA/E/288/2013. The Court of Appeal, Enugu in its ruling ordered the bank to pay the judgment debt of N5.7bn inclusive of the accrued interest and any interest that would subsequently accrue thereon into an interest yielding account in the name of the Chief Registrar of the court. On the Customs angle, the company said Nigerian Customs Services sold its goods by auction, following which it commenced suit FHC/L/CS/603/2006 against customs. Thereat, judgment was rendered in excess of N2.4bn in favour of Innoson in the suit against customs. Subsequently, Innoson garnisheed customs’ account with GTB. Through a garnishee order absolute the court ordered GTB to pay the judgment debt of over N2.4bn to Innoson from customs account with it. GTbank appealed this decision to the Court of Appeal, Ibadan appeal CA/I/258/2011. However, on February 6, 2014, the Court of Appeal, Ibadan dismissed the bank’s appeal, affirmed the decision of the Federal High Court and ordered the bank to pay the judgment debt of over N2.4bn to Innoson from customs account with it. The company insisted that at all material times, goods imported by Innoson were consigned to GTB under the relevant Bills of lading. The bank endorsed the Bills of lading to Innoson and released same to Innoson. The bank recorded its endorsement and releasing of the Bills of lading to Innoson in its records. To this extent, before the bank released any of the Bills of lading to Innoson, it would first enter the particulars or details of the Bill of lading in a book – register – and then both the bank’s officer releasing the Bill of lading and Innoson’s staff collecting the Bill of lading signed the book- the register. The bank released all the Bills of lading to Innoson and they were all dully recorded and signed for in the bank’s record-book. Again, all the duties paid for the consignments – goods – were paid by the bank. Upon completion of clearing and taking delivery of each consignment, Innoson returned the exchange control copies in relation thereto to the bank for onward transmission to CBN, which the bank transmitted to CBN. On Economic and Financial Crimes Commission, EFCC, involvement, it said that the commission discovered in conjunction with NDIC that reconciled and or audited Innoson’s account with GTB that excess and unlawful charges in the sum of N560m was imposed in Innoson’s account with it and was demanding Innoson to pay same to it as its legitimate earnings. Legitimateearnings Also, EFCC discovered that the bank had a register wherein it entered the particulars/details of all the Bills of lading it endorsed over to Innoson and that the bank’s staff signed the register for the release of the Bills of lading to Innoson’s staff who also signed his collection/receipt of the Bills of lading from the bank in the register. Consequently, EFCC asked the bank to produce the register but same it yet to be produced. Innoson added that it sued EFCC and the Police to enforce its fundamental human rights and that of its staff that it alleged was breached in the course of the investigation; and for an order of the court that all the documents that were subject to forensic investigation be sent to independent investigation, viz – FBI and or Scotland yard for analysis. On the facilities by the bank, Innoson said that the bank granted various facilities to it which it secured with a legal mortgage of over N4bn and had defrayed them save the excess charges which was a subject in suit FHC/AWK/CS/139/2012 at the Federal High Court, Awka for which Innoson has subsisting judgment in excess of N6bn in its favour against the bank, while GTB’s case – suit FHC/L/CS/1119/2014 against Innoson at the Federal High Court, Lagos, the bank never claimed that Innoson was indebted to it in the sum of N2.4bn. It added that the bank in suit FHC/L/CS/1119/2014 at the Federal High Court, Lagos froze Innoson’s account in all the Banks in Nigeria from September 18, 2014 until June 10, 2015 when same was dismissed and the freezing order set aside. Afterwards, it said that commenced a N30bn suit against the bank for damages it suffered as a result of the freezing order.

Read more at: https://www.vanguardngr.com/2015/07/innoson-in-court-denies-owing-bank-n2-4bn/
Business › Re: Gtbank Debunks Rumours Of Court Order To Pay N12b To Innoson Boss by TundeBricklayer: 1:19am On Jun 08, 2018
deedeedee1:
Ibo people. Na wa for una. So much lies. GTbank should not lend this man money anymore. If he knows he can't do without victim mentality, let him borrow money from ibo banks.
Yoruba people should be careful with who they do business with. There are terrible people everywhere.
I would like it if the country is split so we will all learn to mind our business. I am tired of the hate and disunity. Let us go our separate ways.
Supreme court judgement yesterday what transpired

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.
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 yestetday struck out GTB 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.
Business › Re: Supreme Court Orders Gtbank To Pay Innoson Boss N12bn In 14 Days by TundeBricklayer: 7:10pm On Jun 07, 2018
Hazardinho:
God bless you for reading beyond the headlines. Nigerians, Gosh
BREAKING NEWS: JUSTICE AT LAST, GTB TO PAY INNOSON'S N14BILLION JUDGEMENT DEBT IINO AN INTEREST YIELDING ACCOUNT, SAYS SUPREME COURT

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 GTB took from Innoson’s account now stood at over N14billion.

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.

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 GTB 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, GTB 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. The money together with whatever interest accrues thereon shall be paid to the party who wins the appeal.
Business › Re: Supreme Court Orders Gtbank To Pay Innoson Boss N12bn In 14 Days by TundeBricklayer: 6:45pm On Jun 07, 2018
Politics › Re: Enugu, The Pride Of The East. by TundeBricklayer: 10:14am On Jun 07, 2018
Chioma Ude she founded Africa International Film Festival, a film festival that holds annually in Nigeria. She was acknowledged by 36ng.com.ng as one of the most influential women in the entertainment scene in Nigeria

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