@POLITICSNGR

Below is a Press statement from Guaranty Trust Bank, GTB, made available to PoliticsNGR, in response to Innoson's alleged Supreme Court Victory;

"The attention of Guaranty Trust Bank Plc ("the Bank" 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's Customers and the General Public are hereby kindly urged to disregard these false statements as nothing could be further from the truth. 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.

The Bank as a highly responsible corporate citizen will in accordance with its culture and tradition refrain from making comments about on-going litigation matters and will continue to focus on using legal means to recover its bad debts. It must be emphasised that the Bank remains undeterred in its recovery drive against recalcitrant debtors.

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 remains committed to providing best-in-class customer experience to all its valued Customers.
We thank you for your continued support and patronage."

https://politicsngr.com/gtb-reacts-innoson-supreme-court-judgement-reveals-next-line-action/

Booked

all I know is 12 billion will die in GTBank and resurrect in innoson's account. flawless victory.

Actually blogs have been the ones bearing both stories - the winning and the denial !
I better get my popcorn

Una hear ?

Who vets Nigerian news?
Anybody with a blog can post without verification.

Even TVC carried the news this evening. Are they saying that a big station like TVC are lying?

If there's iota of truth in GTB's counter press release! I am of the opinion that some unscrupulous elements are hell bent to discredit the image of GTB and as such to instill unnecessary worries and tensions into the hearts of GTB customers.

WHO IS NOW DECEIVING WHO

The news is true.

No Supreme Court can give such judgement in Nigeria that gtb shld pay innoson such amount of money.

4reala:
Even TVC carried the news this evening. Are they saying that a big station like TVC are lying?

I tire o!

Let's just watch the drama as it unfolds

nna na wa 4 rumour mongars news carriers still watching shall nna na wa 4 rumour mongars news carriers still watching shall

Oga ooo,who should we believe now gtb or innoson
What's my own it's not that 5kobo will enter my pocket abeg let me go and watch latest episodes of The 100

aminulive:
@POLITICSNGR

Below is a Press statement from Guaranty Trust Bank, GTB, made available to PoliticsNGR, in response to Innoson's alleged Supreme Court Victory;

"The attention of Guaranty Trust Bank Plc ("the Bank" 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's Customers and the General Public are hereby kindly urged to disregard these false statements as nothing could be further from the truth. 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.

The Bank as a highly responsible corporate citizen will in accordance with its culture and tradition refrain from making comments about on-going litigation matters and will continue to focus on using legal means to recover its bad debts. It must be emphasised that the Bank remains undeterred in its recovery drive against recalcitrant debtors.

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 remains committed to providing best-in-class customer experience to all its valued Customers.
We thank you for your continued support and patronage."

https://politicsngr.com/gtb-reacts-innoson-supreme-court-judgement-reveals-next-line-action/

BREAKING NEWS: JUSTICE AT LAST, SUPREME COURT ORDERS GTBank TO PAY INNOSON N14BILLION WITHIN 14 DAYS.

GTB To Pay Innoson’s N14Billion Judgment Debt Into 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.

Cornel Osigwe
Head Corporate Communications
Innoson Group

amaechi2020:


BREAKING NEWS: JUSTICE AT LAST, SUPREME COURT ORDERS GTBank TO PAY INNOSON N14BILLION WITHIN 14 DAYS.

GTB To Pay Innoson’s N14Billion Judgment Debt Into 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.

Cornel Osigwe
Head Corporate Communications
Innoson Group

I dont have the details but I doubt if the judgement is true.

Look at the bolded, the Head of Corporate Communications of a firm like Innoson should know that the right designate is [b]'Chief Registrar' and not 'Register'

Again, who were the judges that gave the lead judgement? Why were the names of the judges not listed in the judgement?