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Court Orders Arrest Of ‘Innosson’ Chukwuma

SAN FRANCISCO, February 09, (THEWILL) – Justice Mojisola of a High Court in Lagos has issued a warrant for the arrest of the Innocent Chukwuma, Chairman of Innoson Motors Limited, over his failure to appear before it.

Dada gave the order on Friday saying Chukwuma should be arrested and brought to Court on March 1, the next adjourned date.

THEWILL recalls that Chukwuma has been having a running battle with Guaranty Trust Bank Plc (GT Bank) over a transaction and was arrested, at his Enugu residence in December, by the Economic and Financial Crimes Commission (EFCC).

He was later released on bail but the anti-graft agency filed a four-count charge of fraud against him and Charles, his younger brother, accusing them of obtaining containers of motorcycles Spare Parts by false pretence between 2009 and July 2011 in Lagos.

It said the goods, which belongs to GT Bank were allegedly obtained from Mitsui O.S.K Lines Limited in Apapa adding that the duo “with intent to defraud induced the staff of Mitsui O.S.K and Maersk Line Limited to deliver”, to them through their clearing agents, the motorcycle spare parts, moulds of spare parts and steel structures and raw materials called polyvinlchlorid, imported from China.

The accused were said to have falsely pretended that they were authorised by GTB to clear the goods and take delivery of them.

However, Chukwuma has denied violating the condition of the deal with the bank insisting that the bank is indebted to him for multiple bank charges on a loan transaction with the bank.

This post first appeared on News In Nigeria, please read the originial post: here

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Court Orders Arrest Of ‘Innosson’ Chukwuma


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