Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by LikeCool(m): 1:49pm On Dec 22, 2017 |
LOL! See cheap lies everywhere. Was planning on opening an account with GTBank but, I'm never opening that account again; I mean NEVER! #ThinkHomeFirst #EndSARS #EndEFCC #EndGTBank 1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by nazzyon(m): 1:49pm On Dec 22, 2017 |
If really Innoson did all this to evade... The only thing I am worried about is how we will save the only functioning coupling plant in Nigeria ... When he starts paying dearly |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by jamesibor: 1:50pm On Dec 22, 2017 |
FlirtyKaren: GTBank has released detailed report of their transaction with Innoson Motors CEO, Innocent Chukwuma that led to his EFCC arrest. Read below:
1. GTBank has stated they are not behind Innoson Motors CEO, Innocent Chukwuma’s arrest.
2. Rather, the EFCC has announced they arrested Innocent Chukwuma over a N1.4bn fraud and usage of forged documents to secure tax waivers.
3. True story how Innoson vs GTBank war started: In 2009, GTBank granted Innoson several credit facilities (i.e loans) totalling N2,400,000,000,00 (two billion, four hundred million Naira only), to part finance working capital requirements, import new motorcycles and motorcycle spare parts, agricultural spare parts and plastic manufacturing equipment (“Imported Goods”).
4. Under the loan terms agreed by Chief Innocent Chukwuma on behalf of Innoson, proprietary interest in the Imported Goods was consigned exclusively in favour of the Bank. This means that the Bank was the exclusive owner of the Imported Goods. Accordingly, the original shipping documents (i.e. the Bills of Lading) were in the custody of the Bank, and have remained in the custody of the Bank at all times.
5. Because GTBank was the exclusive owner of the imported goods, ownership of the goods could only be transferred to Innoson (or any other third party) by the Bank. The condition in the agreement between the Bank and Innoson, for the release of the Imported Goods by the Bank to Innoson, was the payment of 25% of the value of each Letter of Credit transaction by Innoson.
6. Innocent Chukwuma approached the Bank, on behalf of Innoson, requesting the release of the shipping documents without payment of the agreed+ 25% equity. The Bank declined his request as a result of Innoson’s failure to meet the agreed conditions.
7. It came to the Bank’s knowledge sometime in June, 2011 that the Imported Goods for which the Bank declined to release shipping documents to Innoson in view of its failure to meet the agreed conditions, had been fraudulently procured by Innoson.
8. The Bank discovered that Innoson, under the control of Dr. Innocent Chukwuma had forged the Bank’s endorsement on the bills of lading to the Shipping Line and fraudulently cleared the Imported Goods which were in the name of the Bank.
9. The Imported Goods, being property of the Bank should not have been cleared from the Port without the original shipping documents being endorsed by the Bank in favour of Innoson, or any third party.
10. The signatures of 4 (four) staff of the Bank, to wit, Taofeek Olalere, Dan Attah, Bunmi Adeyemi and Amazu Amalachukwu, as well as the Bank’s stamp were forged on all the shipping documents used by Innoson to fraudulently clear goods at the port.
11. The Bank did not at any time endorse or transfer the shipping documents to Innoson, as the originals of each of the relevant Bill of Lading remain in the Bank’s custody to this very day.
12. When the Bank reported the matter to the Nigeria Police, Dr. Innocent Chukwuma claimed the Bank released the shipping documents to him.
13. Consequently, the Police commenced investigation into the Bank’s complaint, including a forensic examination of the disputed signatures, and established that the signatures of the Bank’s staff were forged, and the Imported Goods were fraudulently cleared from the Nigerian Ports Authority by Dr. Innocent Chukwuma and his accomplices.
14. Police investigations confirmed that Innoson and Dr. Innocent Chukwuma deliberately set out to defraud, steal from the Bank and convert the Imported Goods belonging to the Bank by deceptive means and through forgery and misrepresentation.
15. The unlawful takeover of the Imported Goods, which served as the Bank’s collateral, left an indebtedness in excess of the sum of N1,654,481,895.04 (one billion, six hundred and fifty four million, four hundred and eighty one thousand, eight hundred and ninety five Naira, four Kobo) as at September 26, 2012.
16. Chief Innocent Chukwuma was arrested and interrogated by operatives of the EFCC, following which he agreed to make monthly payments into Innoson’s account until the full liquidation of Innoson’s indebtedness to the Bank.
17. However, Innoson defaulted in making the agreed payments.
18. Investigations by the Nigeria Police following a petition by the Bank in September 2013 also found Innoson and Chief Innocent Chukwuma culpable of the criminal allegations levied against them by the Bank, and Chief Innocent Chukwuma was accordingly charged to court by the Police.
19. The Police filed Charge No. FHC/L/565C/2015-Inspector General Of Police And Innoson Nigeria Limited; Innocent Chukwuma; Charles Chukwuma; Maximian Chukwura; Mitsui Osk Lines; Annajekwu Sunny for fraudulent clearance of goods, forgery, conversion, stealing and conspiracy presently pending before Faji J, at the Federal High Court, Ikoyi and adjourned to November 21, 2017 for arraignment/or hearing of motion for issuance of Bench Warrant.
20. What Innoson did next - Innoson approached the Bank for a reconciliation of his account and pleaded for a debt forgiveness.
21. A reconciliation was carried out on the account – which had a debit balance of N1,654,481,895.04 as at December 31, 2011. In the spirit of amicable resolution and EFCC intervention, the Bank said it agreed to forego the sum of N559,374,072.09 which represented default charges that has accrued on the account and debited in line with the loan agreement between the customer and the Bank.
22. Based on this, the Bank decided to accept from the customer, the sum of N1,095,107,822.95 as full and final payment of the customer’s indebtedness to the Bank, provided that same shall be fully paid not later than (30) days from the date of the letter written to him.
23. Surprisingly, Innoson commenced suit no:FHC/AWK/CS/2012 against the Bank at the Federal High Court, Awka stating the bank had debited its account with excess charges totalling N559,374,072.09 and obtained judgement in excess of N4.7Billion against the Bank.
24. Again choosing to dishonour an agreement that was amicably reached between him and the Bank for a full and final settlement of N1,095,107,822.95 wherein the Bank graciously forgave him the sum of N559,374,072.09 which accrued on his account during the period which he abandoned his account.
25. To further stall the criminal proceedings against him, Chief Innocent Chukwuma and his company instituted suits at the Federal High Court, Abuja, as well as the Federal High Court, Awka in January 2014 against The Inspector General of Police, The Nigeria Police Force and Investigating Officer(s), seeking declaratory and injunctive reliefs, including orders restraining the Police from commencing criminal proceedings against Innoson and Chief Innocent Chukwuma.
26. Furthermore, in a bid to stall the Bank’s recovery steps, and distract the Bank from focusing on the criminal action, as well as civil actions filed for recovery of the debt, Chief Innocent Chukwuma and his company Innoson, have continued to institute various spurious suits before various courts, claiming frivolous and outrageous sums against the Bank.
27. What EFCC is Saying - they have released Nnewi, Anambra-State born Industrialist, Chief Innocent Chukwuma on bail.
28. ''The business man who runs a local auto assembly plant was arrested on Tuesday December 19, 2017 at his Enugu residence, following his refusal to respond to invitations by the Commission, after initially being granted administrative bail by the Commission, while his surety could also not be found.
29. “Unfortunately the industrialist resisted arrest and stirred controversy by bringing six truck-loads of thugs to block the entrance to his Plot W1, Industrial Layout, Abakaliki Road, Emeni, Enugu, home.
30. “This was after he initially misled the Police Command by informing them that his home had been invaded by armed robbers and kidnappers despite the fact that operatives of the Commission duly identified themselves to policemen guarding his home.
31. “His unruly thugs encircled and manhandled operatives of the Commission who had gone to effect the arrest. Consequently, a distress call was sent to the Commission’s Enugu Office for reinforcement.
32. “In all of this, the Commission’s operatives acted with decorum and civility. No one was manhandled or assaulted by the EFCC team, and not a single shot was fired, despite the provocation.
33. “Chief Chukwuma and his brother, Charles Chukwuma (who is still at large), are being investigated by the Insurance and Capital Market Fraud Section of the Commission’s office in Lagos over matters bordering on N1, 478, 366, 859.66 fraud and forgery.
34. ‘The industrialist, among other infractions, allegedly used forged documents to secure tax waivers.”
35. After Innoson Motors's CEO, Innocent Chukwuma was arrested, his company took the battle to social media. Immediately, numerous sponsored social media campaigns against the Bank such as #BewareOfGTBank and #WhatIsWrongWithGTBank sprang up.
36. The company Innoson also went on Television, with its owner, Dr Innocent Chukwuma granting an interview to TVC, where he claimed he had obtained a judgement of N8bn against the bank. He added that the bank pleaded with him over their inability to pay, and that he graciously offered to accept shares of the bank as payment.
37. GTBank on their part has chosen to remain silent on the matter, perhaps trusting in the integrity of the legal system.
38. A staff of the bank who spoke under anonymity, stated: “Irrespective of the issues we are facing with the company, Innoson remains a customer of the bank and we owe him a duty of confidentiality and to conduct ourselves in a responsible manner towards him”.
39. In responding to Innoson’s motion for a stay of criminal proceedings at the Court of Appeal, the Honourable Justice J.S Ikyegh on September 17, 2017 dismissed the motion for being unmeritorious and ordered that proceeding in the criminal case against Innoson should proceed.
40. On October 12, 2017, the Police through its Charge No. FHC/L/565C/2015- filed an application for the issuance of bench warrant against Innocent Chukwuma; Charles Chukwuma and Annajekwu Sunny for fraudulent clearance of goods, forgery, conversion, stealing and conspiracy presently pending before Faji J, at the Federal High Court, Ikoyi and adjourned to Decemeber 8, 2017 for arraignment/or hearing of motion.
Source - https://www.lailasnews.com/innoson-vs-gtbank-40-key-points-gtbank-innoson-motors-efcc-arrest/
lalasticlala Op, this is not GTB's side of the story. This is a hack job done by Jude Osaremen on Premium Times website. The author of the article from which these were lifted stated clearly that the Bank said they can't disclose info, so how did this become GTB's side of the story?? Lalasticlala mynd44 seun. 2 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Nasir123(m): 1:57pm On Dec 22, 2017 |
rattlesnake: We will f...k GTB up even without reading the post Are u a family with innosson? Let's stop this madness. 1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Bobby808: 1:58pm On Dec 22, 2017 |
warreng1: Ok, Who wouldn't know they were gonna lie.
Check my signature. For now Innoson is very luckly that efcc has not taken pictures of sky scrappers and very beautiful place in Dubai, the UK and other places and label Innoson as the owner and further say the money with which all those sky scrappers were built were proceeds from Dasuki and GEJ/family.. Who does not know that Buhari and efcc are very foolish liers? 2 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by sureheaven(m): 2:03pm On Dec 22, 2017 |
Innoson wanna bite the finger that fed him and thinks he can go free. Car manufacturers abroad whose name are heard all over the world didn't start in this crooked way. 1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Mrnairalandd: 2:03pm On Dec 22, 2017 |
I see Innoson going down soon
With this negative publicity: No banks either local or international ll trade with that dude again
People in Banking sector ll know what i mean not all these streets hawkers or kiosk owners.
Business wise, Innoson is finished
I can bet my money on it that in 3years from now, that assembly plant ll go moribund.
He is a fraudster
I knew right from day one that he is a fraudster
If you fail to service a loan as a business man, you r as dead as your future business cos other Banks ll take credit worthiness to zero.
With this publicity on his name, both local and international banks must ve blacklisted his company name
It ll take the grace of God for him to survive this
That’s why you need to learn from the genuine industrialists before venturing into empire
1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Vivere: 2:12pm On Dec 22, 2017 |
LikeCool: LOL! See cheap lies everywhere. Was planning on opening an account with GTBank but, I'm never opening that account again; I mean NEVER! #ThinkHomeFirst #EndSARS #EndEFCC #EndGTBank GTB will not miss you. Your money was never in their custody for safekeeping at any point in time, and neither were you a customer of the bank. How can they miss what they never had? |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by xbit: 2:20pm On Dec 22, 2017 |
pple are here supporting innoson but we forget that the said money is d money of the poor masses they r dragging lk dis |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by BABARAINBOW7(m): 2:27pm On Dec 22, 2017 |
Ibo propaganda |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by OBAGADAFFI: 2:29pm On Dec 22, 2017 |
This is not GTB side of the story.
8. Don't post false information on Nairaland. 2 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by ud4u: 2:35pm On Dec 22, 2017 |
None of my business |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Timioladee(m): 2:35pm On Dec 22, 2017 |
NothingDoMe: We've read this already.
Unfortunately, GTB seems to be at the losing end this time because they'll likely pay billions to innoson after the Supreme Court verdict.
GTB is aware of this fact and is just running around raising dust. How ![](/faces/huh.png) Doesn't look like it at all |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by jamesibor: 2:35pm On Dec 22, 2017 |
xbit: pple are here supporting innoson but we forget that the said money is d money of the poor masses they r dragging lk dis This write up is trash and never emanated form GTB but a deluded Jude Osaremen. Let GTB go to court of it feels Innoson owes it. So far, Innoson has defeated them in court 4 out of 4 times. 3 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by jamesibor: 2:37pm On Dec 22, 2017 |
OBAGADAFFI: This is not GTB side of the story.
8. Don't post false information on Nairaland. Lalasticlala and Mynd44 and seun, I call your attention to this again. This is false information. This was lifted from a promoted article on Premium Times written by Jude Osaremen who himself stayed I'm the article that GTB declined to comment on the matter. 2 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by jamesibor: 2:38pm On Dec 22, 2017 |
nazzyon: If really Innoson did all this to evade... The only thing I am worried about is how we will save the only functioning coupling plant in Nigeria ... When he starts paying dearly This is fake news Bro. Ignore it. 1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Kbanka: 2:39pm On Dec 22, 2017 |
Theres only two tribes in nigeria. The rich tribe and the poor tribe.
When the rich borrow all the money from the banks and refuse to pay, who'll suffer?? |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Konze70: 2:44pm On Dec 22, 2017 |
I don't know who's advising GTB in this matter. What they are doing is that they are exposing their lapses thereby making their numerous costumers believe the they are not reliable . They should understand that their costumers are following this case so they should find a better way to cover their ass. No one can deceive the public as far as this issue is concerned . Since they want the public to know what transpired , why can't they tell the public about the cases already won by Innoson ? I am not even talking about the excess interest which is the bone of contention . Be wise! 2 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by ajl: 2:46pm On Dec 22, 2017 |
Ephort: GTB trying trying to hide under the facade of anonymous staff. Some things don't add up in the above statement. You claim that Innoson was indebted to you, yet he obtained judgement of N4.7 billion against you. Court is not a place where one can just "obtain" judgment without more...matters are decided on merit. More so, I didn't read where you said that the judgement was fraudulently gotten nor did you say that it was honoured by GTB. Innoson likely "bought" the judgement in Awka where he could have influenced the judge. A lot of people are blinded by sentiments. He is a typical Nigerian businessman who fraudulently obtained collateral assets that are in the name of the bank. It's like one obtaining a car loan from a bank. All the documents are issued in the name of the bank and remain in possession of the bank until one pay off the loan. In Innoson case, GTB was asking for just 25% of total loan to release goods. Irrespective of all Innoson claims he and his company reputation has been damaged. As usual these largely criminal elites would stir up ethnic sentiments if things does not go their way. Unfortunately there are more than enough jobless youths ready to help stir it further. Reason why this damn country of largely unproductive people is not getting ahead. Even the one we've been supporting as a local auto manufacturer turn out to be a fraud. You don't use forged documents to get tax waivers, which suggest he did not even pay import tax on the equipments he fraudulently cleared from the port. He also "robbed" the federal government which is why the EFCC is also involved. Pack of fraudsters claiming to be businessmen. 2 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by afbstrategies: 2:49pm On Dec 22, 2017 |
1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by omoelerin1: 2:59pm On Dec 22, 2017 |
NothingDoMe: We've read this already.
Unfortunately, GTB seems to be at the losing end this time because they'll likely pay billions to innoson after the Supreme Court verdict.
GTB is aware of this fact and is just running around raising dust. supreme court of biafra. |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by franudi: 3:01pm On Dec 22, 2017 |
GTB is not saying the truth. 2 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by omoelerin1: 3:05pm On Dec 22, 2017 |
We know them already. They are fraudsters.
They are very smart in forging, duping and defrauding
That is their way |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by franudi: 3:10pm On Dec 22, 2017 |
Mrnairalandd: I see Innoson going down soon
With this negative publicity: No banks either local or international ll trade with that dude again
People in Banking sector ll know what i mean not all these streets hawkers or kiosk owners.
Business wise, Innoson is finished
I can bet my money on it that in 3years from now, that assembly plant ll go moribund.
He is a fraudster
I knew right from day one that he is a fraudster
If you fail to service a loan as a business man, you r as dead as your future business cos other Banks ll take credit worthiness to zero.
With this publicity on his name, both local and international banks must ve blacklisted his company name
It ll take the grace of God for him to survive this
That’s why you need to learn from the genuine industrialists before venturing into empire
Useless talk. 1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Odianose13(m): 3:12pm On Dec 22, 2017 |
nazzyon: If really Innoson did all this to evade... The only thing I am worried about is how we will save the only functioning coupling plant in Nigeria ... When he starts paying dearly Brother, Innoson will win that case. Even though GTB claims he forged papers, that's only a different matter. But as far as his accounts were illegally debited of amounts to the tune of about 600 million naira, GTB must pay him back with 22% interest. The two cases are different 1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by dealslip(f): 3:15pm On Dec 22, 2017 |
Mrnairalandd: I see Innoson going down soon
With this negative publicity: No banks either local or international ll trade with that dude again
People in Banking sector ll know what i mean not all these streets hawkers or kiosk owners.
Business wise, Innoson is finished
I can bet my money on it that in 3years from now, that assembly plant ll go moribund.
He is a fraudster
I knew right from day one that he is a fraudster
If you fail to service a loan as a business man, you r as dead as your future business cos other Banks ll take credit worthiness to zero.
With this publicity on his name, both local and international banks must ve blacklisted his company name
It ll take the grace of God for him to survive this
That’s why you need to learn from the genuine industrialists before venturing into empire
Thanks so much. I have been reading comments and I am extremely disappointed with the mentality of our youth who think life is all about sentiments. I am equally a banker. Alot of people don't even realize that this case is actually a norm and is peculiar to the banking sector. An un serviced Loan would keep accumulating interest. This is what many have considered fraudulent charges. Also a bank would always have proprietary ownership over any LC they financed. Innosson's forgery of GTBanks authorising officers signatures is the final nail to his coffin. No bank will touch him as they will clearly be breaching CBNs rules of following or conducting CRMS check. 1 Like 1 Share |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by franudi: 3:15pm On Dec 22, 2017 |
ajl:
Innoson likely "bought" the judgement in Awka where he could have influenced the judge. A lot of people are blinded by sentiments. He is a typical Nigerian businessman who fraudulently obtained collateral assets that are in the name of the bank. It's like one obtaining a car loan from a bank. All the documents are issued in the name of the bank and remain in possession of the bank until one pay off the loan. In Innoson case, GTB was asking for just 25% of total loan to release goods. Irrespective of all Innoson claims he and his company reputation has been damaged. As usual these largely criminal elites would stir up ethnic sentiments if things does not go their way. Unfortunately there are more than enough jobless youths ready to help stir it further. Reason why this damn country of largely unproductive people is not getting ahead. Even the one we've been supporting as a local auto manufacturer turn out to be a fraud. You don't use forged documents to get tax waivers, which suggest he did not even pay import tax on the equipments he fraudulently cleared from the port. He also "robbed" the federal government which is why the EFCC is also involved. Pack of fraudsters claiming to be businessmen. Afonja. 2 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Mckandre(m): 3:17pm On Dec 22, 2017 |
Opinedecandid: 40 Questions the Op Must Answer For Us to take him Seriously.
1. Op, What is your name? 2. What is your true identity? 2. What did GTB pay you to come up with the above? 3. Was the payment in cash or in kind? 4. If cash, how much was it? 5. If kind, give details? 6. Prior to the payment, what was your relationship with GTB? 7. Who or what exactly did u have a relationship with : the bank's staff, customer, banking Hall or their sign post? 8. Who contacted you on the behalf of GTB? 9. Did you care to authenticate was truly a representative of GTB? 10. If you did, what proof convinced you? 11.
I can go on and on and on till I even pass 40. But let me forgive you for making me waste my time to type this rubbish just to prove to you that you were paid by GTB to also type your rubbish.
Go and advise them to retract their steps on this because it's a very POOR business decision. Before they say jack, they would have lost close to 50% of their customers. Banks don't survive after controversies, no matter the volume of media sympathy they try to weep. ur number 7 really cracked me up, m sure he had close encounter with just their signboard ![grin](https://www.nairaland.com/faces/grin.png) 2 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by dealslip(f): 3:24pm On Dec 22, 2017 |
Odianose13:
Brother, Innoson will win that case. Even though GTB claims he forged papers, that's only a different matter. But as far as his accounts were illegally debited of amounts to the tune of about 600 million naira, GTB must pay him back with 22% interest.
The two cases are different Sir, if your loan has been unserviced. It is very normal that interest would accumulate on the account because you haven't been paying down. This is normal in banking, what do you expect of a loan that has been unservised for 5 years. It is very normal in banking to forgive the accumulated interest especially where it is impossible for the borrower to meet his obligations not to talk of the accumulated interest. This is what alot of people have termed fraudulent charges. The CBN is the final authority over this issue, what Innosson was specifically arrested for was forgery of banks authority to release the warehouse imported goods. What GTB can do is to rescind on the earlier grace extended to him as regards the accumulated charges. 4 Likes |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by dubemnaija: 3:42pm On Dec 22, 2017 |
zinaunreal: business as usual in the bank today. Alot of customers are not even aware of this issue so shut up you saddist keep consoling urself arse-hole. Go and check if GTB lost some of her customers/costumer's deposits, then return here for a proper argument. 1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by Bitterleafsoup: 3:51pm On Dec 22, 2017 |
dealslip:
Sir, if your loan has been unserviced. It is very normal that interest would accumulate on the account because you haven't been paying down. This is normal in banking, what do you expect of a loan that has been unservised for 5 years. It is very normal in banking to forgive the accumulated interest especially where it is impossible for the borrower to meet his obligations not to talk of the accumulated interest. This is what alot of people have termed fraudulent charges. The CBN is the final authority over this issue, what Innosson was specifically arrested for was forgery of banks authority to release the warehouse imported goods. What GTB can do is to rescind on the earlier grace extended to him as regards the accumulated charges. You are right and I am from Nnewi Uru where he is from. The land he acquired by fraudulent means to build the plant was a sacred land. The land always take their time to dish out punishments. We should also know what he and his brother did to his Father to start his business. All I will say is a bat was involved. The Gods are wise..... 1 Like |
Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by bayulll011(m): 4:00pm On Dec 22, 2017 |
NothingDoMe: We've read this already.
Unfortunately, GTB seems to be at the losing end this time because they'll likely pay billions to innoson after the Supreme Court verdict.
GTB is aware of this fact and is just running around raising dust. you are one of the reasons why they said the IQ of average nigerian is less than 68% which means MENTAL INSTABILITY. keep living your life olodo |