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Nairaland Forum / Nairaland / General / Politics / The Grand Conspiracy Against Innoson - Premium Times (3068 Views)
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The Grand Conspiracy Against Innoson - Premium Times by jamesibor: 5:48pm On Dec 26, 2017 |
Our attention has been drawn to the fraud charges filed against Chief Dr Innocent Chukwuma, OFR, popularly known as Innoson, by the Economic and Financial Crimes Commission, EFCC. We deem it fit to alert the general public that the alleged fraud charges filed by the EFCC is a ploy orchestrated by the Commission to justify the Gestapo style of arrest used in bundling Dr Chukwuma out of his residence and furthermore the charge is an action taken in bad faith to change the narrative to portray Innoson in bad light and divert the attention of the public who have continued to condemn the illegal action taken by the Commission. We have some reservations with the publications of the details of the suit in question on some online blogs because the charge which EFCC purports to file has a temporary suit number, vis – temp/3315c/2017. This number is written with red pen at the top most right side of the charge published on EFCC’s page. By this temporary number it means that the charge is not yet before any court in Lagos state. Also, it means that the charge cannot be acted upon by any court in Lagos state and it cannot be served on any party as well. As it is, the charge has not been filed. So why the media noise by the Commission of filling fraud charges against Innoson? We believe that it is a Volte face. Furthermore we are alarmed at how low EFCC could descend to be used by GTB to destroy the Nigeria’s foremost entrepreneur. We have it now on good authority that there is a grand conspiracy by an international competitor of Innoson Vehicles who have conspired with a financial institution to pull down Innoson Vehicles at all cost because of the latest increase of patronage of Innoson Vehicles by the Federal Government. But we are amazed that EFCC, a Federal Government Agency, which is supposed at all times to defend indigenous Nigerian companies who are working hard to make Nigeria great, will allow itself to be used as a tool to kill and destroy these companies. Particulars of Offence Nigerians need to ask EFCC if GTB as a bank has any license to import motorcycle spare parts or CKD. A cursory look at the charges filed by EFCC at court is both laughable and constitute national embarrassment. The motorcycles being deemed the property of GTB were ordered by Innoson from its manufacturers and suppliers with a loan from GTB. Under letter of credit transaction, in international trade, bills of landings are consigned to Banks not because the Banks – consignees – are the owners of the goods but rather to ensure that the seller is paid and the buyer receives the goods. Mere consignment or endorsement of a bill of lading does not confer title in the goods covered by the bill of lading to either the consignee or the endorsee. Where consignment or endorsement of a bill of lading is intended as a security for loan, consignment or endorsement in such circumstance does not transfer title in the goods to the consignee or the endorsee. All Innoson’s letter of credit transactions, through GTB, where confirmed LCs. In letter of credit transactions (LC), particularly but not exclusively confirmed LC, the term is cash against documents. Shipping documents are not released by the advising/correspondent Bank to the Issuing Bank until the Issuing Bank pays for the goods. At all material times, Innoson paid 25% of every LC value before it was opened. The media hype of EFCC portrayed Innoson and its promoter as having stolen goods belonging to GTB. We note that attempt of EFCC to get the courts to retry a matter Innoson had already secured judgment on. Till date, EFCC never told Innoson why he was arrested except to say on pages of newspapers that he was arrested because of his fraud at SEC and forgery of documents to obtain tax waivers. While we await to be served the court papers, we want to advice the EFCC that if there is any complaint by GTB to EFCC, Innoson should be invited by the commission to clear its name, EFCC will then conducts its investigation before taking matter to court. Cornel Osigwe Head of Corporate Communications Innoson Group https://www.premiumtimesng.com/promoted/253655-grand-conspiracy-innoson-motors.html 3 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by jamesibor: 5:52pm On Dec 26, 2017 |
Pass me some pop corn. 1 Like |
Re: The Grand Conspiracy Against Innoson - Premium Times by agwom(m): 5:52pm On Dec 26, 2017 |
Re: The Grand Conspiracy Against Innoson - Premium Times by Saaruman(m): 5:59pm On Dec 26, 2017 |
Any Igbo supporting this evil vegetable govt is a BIG FOOL! #BoycottGTB 16 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by Baawaa(m): 6:00pm On Dec 26, 2017 |
They should go court simple |
Re: The Grand Conspiracy Against Innoson - Premium Times by Obinwenite(m): 6:00pm On Dec 26, 2017 |
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Re: The Grand Conspiracy Against Innoson - Premium Times by Cjrane2: 6:11pm On Dec 26, 2017 |
jamesibor: GTB is only trying to bribe EFCC to Intimidate INNOSON so that they won't pay what they illegally deducted from his account with interest. Those fraudsters at GTB pilfering customers deposit should be exposed and sacked instead of trying to intimidate INOSSON for asking for his money back. Anyhow, the case is now at the Supreme court and will be decided soon. Nigerians are watching how state organizations as the EFCC are now used by individuals to harass citizens in an orchestrated effort to use false allegations to extort and intimidate. This case will expose how the EFCC is being used by powerful people in Nigeria today to intimidate other people and will finally result in something good for Nigeria. 15 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by Becoted001(m): 6:15pm On Dec 26, 2017 |
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Re: The Grand Conspiracy Against Innoson - Premium Times by meezynetwork(m): 6:22pm On Dec 26, 2017 |
Gtb na yahoo plus bank na 5 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by ettybaba(m): 6:45pm On Dec 26, 2017 |
Here we go again. |
Re: The Grand Conspiracy Against Innoson - Premium Times by dustmalik: 6:46pm On Dec 26, 2017 |
This is a statement by Innoson Group, not Premium times opinion on the matter. 1 Like |
Re: The Grand Conspiracy Against Innoson - Premium Times by ManMountain(m): 6:49pm On Dec 26, 2017 |
You guys are tired of your GTBank boycott sponsorship? |
Re: The Grand Conspiracy Against Innoson - Premium Times by hammerF: 6:49pm On Dec 26, 2017 |
EVEN YORUBA MEDIA HAVE REJECTED THE EVIL PUNISHMENT BUHARI EFCC AND GTB METED OUT ON INNOSON. WHEN A YORUBA MEDIA HOUSE CAN PUBLISH ARTICLE TO REJECT THE TYPE OF UNJUST PUNISHMENT AND TREATMENT METED OUT TO INNOSON, YOU JUST KNOW BIGOTRY AND HATRED WERE THE MOTIVATING FACTOR BEHIND INNOSON HUMILIATION AND ATTEMPT TO DESTROY THE MEANS OF HIS LIVELIHOOD.(BUSINESS) 3 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by ManMountain(m): 6:50pm On Dec 26, 2017 |
meezynetwork: The same bank that rescued your innonson when your diamond and fidelity banks will not touch him with a mile long pole? Ingrates 10 Likes 1 Share |
Re: The Grand Conspiracy Against Innoson - Premium Times by wakaman: 6:51pm On Dec 26, 2017 |
Here we go again. |
Re: The Grand Conspiracy Against Innoson - Premium Times by zombieTRACKER: 7:07pm On Dec 26, 2017 |
ManMountain: stop this ethnic bigotry it will not take you anywhere if innoson was a dangote.... no Efcc will touch him no matter the circumstances let's be honest and objective it pays 11 Likes 1 Share |
Re: The Grand Conspiracy Against Innoson - Premium Times by Nobody: 7:09pm On Dec 26, 2017 |
Let the courts decide on this matter i beg |
Re: The Grand Conspiracy Against Innoson - Premium Times by Nobody: 7:29pm On Dec 26, 2017 |
this bone don really hook GTB for throat.. no be as dem plan am for board room.. it take play out. reality different.. ![]() 3 Likes 1 Share |
Re: The Grand Conspiracy Against Innoson - Premium Times by Nobody: 7:31pm On Dec 26, 2017 |
Trying so hard to tear down a working organisation.....I hope they don't extend it to Dangote ![]() ![]() ![]() ![]() 2 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by Ogt1: 7:32pm On Dec 26, 2017 |
We know EFCC has always been an attack dog by politicians. It is just more annoying that a financial institution lke GTB partook in this shameful and unpatriotic act. Shame on this govt for overseeing decayed/decaying institutions like EFCC, DSS, SARS, NNPC etc 3 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by Obdk: 7:33pm On Dec 26, 2017 |
ifediaso Nnewi is one ruthless business man.. Gtbank in on a long thing.... dey messed with the wrong fellow... maybe because he isn't educated they think he isnt enlightened. Nigerians need to understand difference between being educated and being enlightened 7 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by Obdk: 7:33pm On Dec 26, 2017 |
ifediaso Nnewi is one ruthless business man.. Gtbank in on a long thing.... dey messed with the wrong fellow... maybe because he isn't educated they think he isnt enlightened. Nigerians need to understand difference between being educated and being enlightened..... |
Re: The Grand Conspiracy Against Innoson - Premium Times by Mille: 7:47pm On Dec 26, 2017 |
Obdk: No offense. But permit me to say you are neither enlightened nor educated. If you were either of both, after reading the above statement by Innoson (Crisis management), you will understand that there is no conspiracy. It is simply a fraud case where Innoson has to clear his name. Only a court of law will determine that. The things clear from the statement - Innoson took a loan from GTB to buy parts - GTB cosigned the shipments - Innoson thereafter took over the shipments without any authorization or approval from GTB If you have ever had any financial education or enlightenment, you will know what it means to be a cosigner. Nothing will ever be released without permission from your cosigner. Now ask yourself, how did Innoson get the shipment? Forgery? Bribery? If the bank is saying they didn't give an approval, then the shipment has definitely been obtained through the 'back door'. Guilty or not guilty? That's left to the court. Now if you can relate like an educated or enlightened person, I'll be willing to have an exchange. If you are for the noisy, victimization syndrome, I am not your man. MODIFIED: Obdk I don't want to dignify you with a response due to your level (as shown by your response to my quote). But I'm willing to put this here for the sake of others who are willing to learn. I mean, do you even know the function of EFCC ![]() - Advance Fee Fraud - BANK FRAUD - Economic Governance - Counter terrorism - General Investigation Lastly, the Economic and Financial Crimes Commission has the power to prosecute immediately without going through the Attorney General's office. https://efccnigeria.org/efcc/about-efcc/operations Obdk , Go and ask all your schools for a refund (if you attended any). They obviously didn't do their job. 6 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by yanshDoctor: 7:54pm On Dec 26, 2017 |
this people should go to court and stop disturbing the internet air space. why disturbing Nigerians with their business issue. we were not there when they carried out business. |
Re: The Grand Conspiracy Against Innoson - Premium Times by BeeBeeOoh(m): 8:01pm On Dec 26, 2017 |
Eye yam watching this movie with keen interest ![]() |
Re: The Grand Conspiracy Against Innoson - Premium Times by Obdk: 8:58pm On Dec 26, 2017 |
Mille: professor what stopped Gtbank from taking innoson to court based on ur submission. go and sleep u a a bigot trying to sound intelligent... but u r so far from it whether you yoruba people want it or not thieving gtbank a yoruba bank must pay Igbo man innoson d money he won against them. 9 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by anibirelawal(m): 8:58pm On Dec 26, 2017 |
Hmmm.. |
Re: The Grand Conspiracy Against Innoson - Premium Times by backtosender: 9:37pm On Dec 26, 2017 |
Truth is coming out |
Re: The Grand Conspiracy Against Innoson - Premium Times by Jbravo58(m): 10:08pm On Dec 26, 2017 |
Obdk: To be honest with you sir, I'm really disappointed with your response to the topic and the person you quoted. Firstly, why is it that anytime any issue occurs in Nigeria you guys are so swift to blame it on Religion and Tribalism. Why can't we just for once settle things amicably as literates. The person you quoted gave a point and back up his points using evidences, why not just do the same and let even the novice or ignorant learn from you also than just flaring up into anger and tribalist war. ![]() ![]() 7 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by kettykings: 10:44pm On Dec 26, 2017 |
Saaruman: This is an insult to big fools . such a person is worse than a big fool. This APC government is a government of Antichrist. A satanic coven , innocent lives are being lost in Kaduna , abuja while the evil government is busy with documentary 3 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by Diiet: 11:03pm On Dec 26, 2017 |
Innoson is guilty of the charges of fraud and forgery levelled against him, this is why he wants to settle this issue out of court . If innoson's hands are not dirty , why did his brother run away ![]() He ran away because he knew the penalty behind the crime Innoson commited against GTbank. Innoson and his brother remain fraudsters untill they sucesfully defend themselves and court says otherwise. GTB remains blameless. Therefore. # we stand with GTB continues. 6 Likes |
Re: The Grand Conspiracy Against Innoson - Premium Times by Guestlander: 11:07pm On Dec 26, 2017 |
kettykings: If Innoson cannot pay it's debts then GTB should take over the assets of the company. The cheap blackmail against APC and the EFCC is childish and will never stick. 4 Likes 1 Share |
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