Latest Instagram Photos: All About Innocent Chukwuma Innoson Bio, Wikipedia, Family, Wife Ebele Chukwuma, Net Worth, House, Cars, Son, Daughter, Parents, Siblings, Height, Mansions, Phone Number WhatsApp, Contact, Owner Innoson CEO, Dead or Alive, Innocent Ifediaso Chukwuma Images, Photos, Pictures, Ig Pics, Facebook
Who Is Owner of Innoson?
Who Is Innocent Ifediaso Chukwuma?
Who Is Innocent Chukwuma?
Innocent Chukwuma (born 1 October 1960) whose full name is Innocent Ifediaso Chukwuma is a Nigerian Billionaire business magnate who is the founder, owner and CEO of Innoson Vehicle Manufacturing, Nigeria's first indigenous automobile manufacturing company.
According to Forbes article, Innocent Chukwuma is a school dropout, he is the founder of Innoson Nigeria Limited which produces sport utility vehicles, commercial buses and passenger cars at the first indigenous assembly plant in Nigeria. The company has factories in Nnewi and Enugu and has the governments of Anambra and Enugu states, as well as a few federal agencies, among its customers.
Chief Oddyson Onyeje describing Chief Innocent Chukwuma wrote:
This is an industrious son of Nnewi, Chief Innocent Chukwuma, Ifediaso Nnewi, who has contributed a lot to the economy of Nigeria in a great significant ways. An industrialist to the core and manufacturer of IVU Vehicles of various models which countries from the global world are now buying, with the inscription, made in Nigeria (factory at Nnewi North, Anambra State).
He has given employment to over four thousand workers across the Nation and empowering the youths to eradicate crimes in Anambra State and Nigeria at large.
Kudos to your elbow, Chief Innocent Chukwuma, Ifediaso Nnewi, OFR, the man of the global world.
Nnewi is proud of you!
Anambra State is proud of you!
Federal Rebublic of Nigeria is proud of you!
Okpuzu gburuhburu, carry go!
The sky will not be your limit, for God is in control.
Innocent Ifediaso Chukwuma Profile Bio Data Summary
Name: Innocent Chukwuma
Full Name: Innocent Ifediaso Chukwuma
Nationality: Nigerian
State Of Origin: Anambra State
Hometown: Nnewi
Village: Umudim, Anambra
Date Of Birth: 1 October 1960
Birthday: 1st October
Age: 61 Years Old (in 2021)
Height: 5"7 feet tall
Parents: Chukwuma Mojekwu
Siblings: 5
Married: Yes
Spouse, Wife: Ebele Chukwuma
Children: 5
Son: Kingsley Chukwuma, Nonso James Chukwuma
Daughter: Chinazom Sandra Chukwuma
Son In-law: Chijioke Nnanyelu Anaeto
Occupation, Career: Businessman, Car Manufacturer, Oil Well Owner
Net Worth: $1 Billion US Dollars
Net Worth In Naira: ₦370 Billion Naira
Languages: English, Igbo and Chinese
Instagram:
Facebook: Innocent Ifediaso Chukwuma
Full Biography Of Innocent Chukwuma (Innoson Owner & CEO)
Innocent Chukwuma Innoson Career, Occupation, Life History, Story, Childhood, Family Background, Early Life
Chief, Dr. Innocent Ifediaso Chukwuma was born on 1st October 1961 in Umudim, Nnewi, Anambra State. He is the last of six children born to Mr and Mrs Chukwuma Mojekwu of Uru-Umudim Nnewi, Anambra State. After his education he started trading in spare parts under the name Innoson Nigeria Ltd in 1981. His company is third after Leventis and Boulos Enterprises in assembling branded motorcycle in the country.
List Of Innocent Chukwuma Businesses
Innocent Chukwuma business has metamorphosed into four manufacturing companies namely:
1. Innoson Nigeria Limited Nnewi, manufacturers of motorcycles, tri-cycles, spare parts and accessories.
2. Innoson Tech. & Industries Co. Ltd Enugu, manufacturers of High Quality Household and Industrial Plastics, Health & Safety Accessories, Storage Containers, Fixtures & Fittings, Electrical Components & Accessories .
3. Innoson Vehicle Manufacturing (IVM) Nnewi, manufacturers of quality High Capacity City Bus, safe and cost-effective Mini & Midi Buses, Pick-Up Trucks and Garbage Collecting Vehicles.
4. General Tyres & Tubes Co. Ltd Enugu, manufacturers of High Quality Tyres & Tubes.
Innoson Vehicle Manufacturing
Chairman and CEO
2007 - Present
Enugu, Nigeria
The 1st Made-in-Africa automobile brand created to eradicate “tokunbo” (foreign used) cars from Africa.
Innoson Technical and Industrial Company Limited Enugu
Chairman and CEO
2002 - Present
Enugu, Nigeria
Innoson Technical & Industrial Co. Ltd produces the best plastic products in the country. Products include chairs, jerry can, drums, motorcycle parts etc. Innoson Technical and Industrial Limited is a...
Innoson Nigeria Ltd
Chairman and CEO
1986 - Present
Nnewi
Innoson Nigeria Limited is an indigenous blue chip company engaged extensively in the importation, assembly and marketing of automotive components, accessories and motorcycles. Incorporated in July,...
Innoson General Tyres and Tube Co. Ltd
Chairman and CEO
Enugu, Nigeria
Produces about 8,000 pieces of motorcycle tyres daily and 13,000 tubes daily
State Of Origin: Where is Innocent Chukwuma from, which state? Innocent Chukwuma Innoson is from Anambra State, Nigeria.
Village, Home Town, Tribe: Innocent Chukwuma hails from Umudim Village in Nnewi, Anambra State, South East part of Nigeria.
Innocent Chukwuma is Igbo by tribe.
Date Of Birth, Birthday, Age: Innocent Chukwuma was born on 1 October 1961. He celebrated his 61st birthday on 1st October 2021.
Real Age: How old is Innocent Chukwuma? Innocent Chukwuma is currently 61 years old as at 2021.
Education, School: Innocent Chukwuma had his primary and secondary school education in Anambra State.
Is Innocent Chukwuma Innoson A Graduate? Innoson Innocent Chukwuma is not a Graduate. He reportedly dropped out of school to join spare parts business.
Innocent Chukwuma Innoson And His Honorary Doctorate Degrees
Innocent Chukwuma now has 7 honorary doctorate degrees from several Universities.
University Of Calabar (UNICAL) Honoured Innoson With A Doctorate Degree At Its 34th Convocation Lecture.
The convocation for the award of the honorary doctorate in Innocent Chukwuma by UNICAL held on March 27th, 2021.
This is the 7th Doctorate Honour to be awarded to Chief Chukwuma, others include;
- Honorary Doctor of Management Science from Nigerian Defence Academy (NDA) Kaduna;
- Honorary Doctorate Degree in Business Administration (DBA) from Enugu State University of Science and Technology, Enugu and also was conferred
- Doctor of Business Administration (DBA) by University of Nigeria Nsukka (UNN),
- Honorary Doctorate Degree in technology By Bells University of Technoloy, Ota Ogun State 2017,
- Honorary Doctorate Degree in Management Sciences from Wellspring University, Edo State in 2017
- Honorary Doctorate Degree in Industrial Engineering by Nnamdi Azikiwe University Awka. March 2020. Etc.
IMSU Chancellor: Innocent Chukwuma is also the Chancellor of Imo State University (IMSU).
Family, Parents, Father, Mother: Innocent Chukwuma Innoson was born into the family of Mr and Mrs Chukwuma Mojekwu, his parents in Uru-Umudim Nnewi, Anambra State. He is the last of six children.
Siblings, Brother, Sister: Innocent Chukwuma has 5 Siblings - brothers and sisters. Innoson is the last born child of his parents. He has 5 elder siblings.
Married, Marriage, Wedding Pictures: Innocent Chukwuma Innoson is married to Ebele Chukwuma with kids.
Wife: Who Is Innocent Chukwuma Wife, Name, Photos? Innocent Chukwuma wife is Ebele Chukwuma. She is a beautiful lightskinned Igbo woman.
Biography Of Ebele Chukwuma, Innocent Ifediaso Chukwuma Innoson Wife (What To Know About Innocent Chukwuma Wife)
Who Is Ebele Chukwuma, Innocent Chukwuma Wife?
Ebele Chukwuma (born 6th February 1950s) is the tall, fair beautiful wife of Chief Innocent Chukwuma, owner of Innoson motors and vehicles.
Lolo Mrs. Ebele Chukwuma (Odoziaku Innoson, Nwanyimanaria) is a mother of five children and grandmother of five.
Husband: Ebele Chukwuma husband is Chief Innocent Chukwuma, Innoson CEO.
Innocent Chukwuma Children, Son, Daughter: Innocent Chukwuma and his wife have 5 children - daughters and sons.
Names of some of Innocent Chukwuma Innoson children are Kingsley Chukwuma, Chinazom Chukwuma, Nonso James Chukwuma.
Innocent Chukwuma Innoson Daughter's Wedding
Chinazom Sandra Chukwuma, the daughter of Chief Innocent Chukwuma (CEO of Innoson Motors) got married to Chijioke Nnanyelu Anaeto, son of Chief Godfrey Anaeto (Chinyelugo Nnewi) otherwise known as Adamu and Mrs Nnonye Norah Anaeto on December 29th 2020.
About Dr Innocent Ifediaso Chukwuma Innoson Net Worth, Forbes, Dollars 2020, 2021, 2022
How much is Innocent Chukwuma, Innoson owner Worth?
Net Worth: Innocent Chukwuma Net Worth is about $1 Billion US Dollars in 2021, 2022.
Net Worth In Naira: Innocent Chukwuma Net Worth in Naira is about ₦370 Billion Naira.
Innocent Chukwuma Innoson House and Cars, Mansion
House and Cars: Innocent Chukwuma has Mansions, houses he built in his hometown in Nnewi, Anambra State, has houses in Enugu, Awka, Onitsha, Lagos, Abuja.
Innocent Chukwuma drives flashy cars. His garage is filled with different cars.
Innocent Chukwuma Private Jet: Does Innocent Chukwuma, Innoson CEO own a private jet? It's not clear if Innoson Innocent Chukwuma owns a private jet or not.
Innocent Chukwuma Innoson Phone Number WhatsApp Contact: Innocent Chukwuma has not made his contact, phone number available for the public.
Innocent Chukwuma Innoson Dead or Alive, Burial, Death: Is Innoson dead? Is the owner of Innoson Motors dead? No, Innocent Chukwuma, the CEO of Innoson Motors is not dead but Innocent Chukwuma, a Civil society leader was the one who died on 5 April 2021 at age 55 and not the owner of of Innoson Vehicles.
Innocent Chukwuma Innoson News
INNOSON CONFIRMS WINNING 11 OIL WELLS IN SIERRA LEONE
By The Sun
One of Nigeria’s fastest-growing conglomerates, IVM Innoson Group of Companies, has confirmed the award of 11 offshore oil wells to the newest member of the family - Innoson Oil & Gas Limited by the government of Sierra Leone.
Innoson was awarded the oil wells during a highly competitive bid process that featured other companies from different countries, including Nigeria.
A close aide of Dr. Innocent Chukwuma, the IVM Innoson Group Chairman, informed Daily Sun that Innoson Oil & Gas team of experts in the industry had months ago presented a bid that was technically impressive and was warmly acknowledged by the authorities in the West Africa country.
During the licensing round, Innoson Oil & Gas was provisionally awarded offshore blocks 96, 97, 114, 115, 116, 117, 133, 134 and 135, while 15 went to Cluff Energy Africa, a joint venture between British oil tycoon, Algy Cluff and billionaire, Michael Spencer.
“I believe they must have also looked at our trajectory of growth and achievements, from a small trading firm, to the first indigenous manufacturer of motorcycles and automobiles, with interests in many other sectors of the economy,” the top manager in the group said.
He further disclosed that a couple of big Nigerian oil and gas companies operating locally and abroad, participated in the bid exercise in Sierra Leone.
An officially statement from the Sierra Leonean Presidency announcing Innoson and Cluff Energy as the successful bidders, stated that there were a total of six applications for offshore concessions in the round, which was opened two years earlier.
It also stated that Sierra Leone carried out a detailed assessment of companies whose applications were shortlisted, particularly their capacity to operate in the local environment and commitment to local content development.
With the successful berthing on the oil and gas industry, Innoson has further expanded the group’s areas of operation which currently includes automobile, motorcycle, plastics, tyres and tubes, wood processing and others.
Innoson’s growth trajectory has been very remarkable: It has been a journey which started modestly for the parts trading shop in the 80s,and graduated to a motorcycle importer that later became first indigenous assembler of the products. The Group later diversified its businesses to include a plastics manufacturer in Nnewi, which is one of the industry’s largest; and in 2010 officially opened Nigeria’s first indigenous auto manufacturing plant in Nnewi.
By breaking new grounds, this time in the oil and gas sector, Innoson has become one of the fastest-growing groups of firms in the country.
INNOSON, OILSERVE SEAL PARTNERSHIP TO FOSTER LOCAL CONTENT DEVELOPMENT (Press Release)
Innoson Vehicle Manufacturing, Nigeria's first indigenous vehicle manufacturing company, on Monday, August 3rd 2020 sealed a partnership deal with oilserv limited aimed at fostering local content development, creating employment, boosting the economy and projecting the IVM brand to the world.
This partnership whose inception began May 2020 was finally concluded today witnessed by the chairman/CEO Innoson Group Chief Innocent Chukwuma, the Chairman/GCEO Oilserv Engr. Emeka Okwuosa and members of staff of both companies.
Engr. Okwuosa emphasised that the partnership is to call the attention of Nigerians and the world to the premium quality product the IVM brand is offering as well as show his unwavering support to local enterprises.
While taking a tour at the innoson factory, Engr Okwuosa further re-established his faith in the IVM brand stating that the standard put in place in the production of the vehicles are world class.
He told the press that he wish he could convince the government to enforce a bill that mandates all establishments in the oil and gas industry to use locally made products like Innoson Vehicles. He equally encouraged Nigerians in both the public and private sector to patronize the IVM brand.
Giving his remarks, the Innoson Vehicle Boss, Chief Chukwuma gave the assurance that Innoson Vehicles will continue to employ international best practices in the production of its vehicles so that they can compare favorably in terms of durability, fuel economy and safety. He stated further that the company will go any length to make available whatever specification of products oilserv wants, emphasising that even if it is not available, the company will create the mould for it.
Oilserv Limited is a leading provider of integrated engineering, procurement, construction, installation & commissioning (EPCIC) services and complementary solutions across the asset and program life cycle within the onshore, offshore and subsea market segments of the oil and gas sector. Oilserv Limited was incorporated in 1992 and commenced operations in 1995.
DICON Partners with Innoson Vehicles In Producing Military Hardware
The team of Defence Industries Corporation of Nigeria(DICON) paid a courtesy visit to the CEO of Innoson Vehicle Manufacturing(IVM), Chief Innocent Chukwuma at his Nnewi factory in Anambra State on 26th August 2020 as the duo is set to partner in the production of MRAP EZUGWU.
DICON in collaboration with the Command Engineering Depot(CED) produced a Mine Resistant Armoured Protected Vehicle named EZUGWU MRAP which has been deployed to the North-East by the Nigerian Army to be used for executing insurgency operations.
The team intends to further partner with IVM in order to produce more military-grade vehicles, patrol vehicles, and soft
Skin vehicles for the Armed forces and other security agencies.
The DICON Team which comprises of Maj.Gen V.O. Ezugwu, DG DICON (Team Lead), Mr Livingstone Nwaigbudu ( Director P&BD), Engr. Shedrack Agbo (Consultant DICON/CED Imperium Nig.Ltd), and Engr. Terra Addingi (Consultant DICON/CED) took a factory tour of the IVM facility in the company of Chief Chukwuma and other key members.
According to the team lead, Maj.Gen V.O. Ezugwu, who was impressed with the facilities on the ground; he said the collaboration with IVM is inline with the FG's drive to boost local content and encourage indigenous production in the country.
Chief Innocent Chukwuma was also very delighted to receive the team and promised to partner and support DICON in its production in order to assist the FG in its fight against insurgency in the country.
Defence Industries Corporation of Nigeria (DICON) is the state-run defense corporation of Nigeria and operated by the Nigerian Armed Forces. It is responsible for the production of defense equipment and civilian products and was founded in 1964.
Press Release
Government of Sierra Leone Patronises Innoson Vehicles
Last weekend, Saturday, May 4th, 2019, a delegation from the Government of Sierra Leone paid an official visit to Innoson Vehicle Manufacturing Company Ltd Nnewi. The delegation was led by the Mr. Edward A. Soloku- The Honourable Minister of Internal affairs who is the supervising minister in charge of their Police affairs.
The factory visit was in response to an earlier official visit made on April 9th, 2019 to Sierra Leone by Chief Dr. Innocent Chukwuma OFR on the invitation by the Sierra Leone President, His Excellency, Rtd. Brig. Dr. Julius Maada Bio.
During the facility tour of the factory, the head of the delegation, Hon Soloku expressed satisfaction on the facilities he and his team saw on the factory as well as the production capacity of Innoson Vehicles and said “truly Africa has come of age to take care of itself without foreign aid”. The Hon Minister further requested that Innoson vehicles should come and establish a company in Sierra Leone. Hon Soloku equally assured Innoson Vehicles that the Sierra Leone Ministry of Defence and The Police Department have concluded plans to order Innoson Vehicles for its operational purposes’. Furthermore on the visit was Mr. Isaac Ken-Green, General Manager of Sierra Leone Road Transport Corporation (SLRTC) who requested that Innoson Vehicles should partner with the SLRTC in other for it to render its services more to the country. The SLRTC equally came into Nigeria with samples of their broken down buses spare parts which they want Innoson vehicles to supply them.
Below is the list of the delegation from the Government of Sierra Leone:
MINISTRY OF DEFENCE DELEGATION (1) Colonel (Rtd) Simeon Nasiru Sheriff - Deputy Minister of Defense. (2) Brigadier General Usman Turay - Assistant Chief of Defense Staff Support and Logistics. (3) Lt Col Muctar S. Tejan - Military Assistant to the Deputy Minister of Defense. (4) Major Brima Davowah Sama- Commanding Officer, Electrical and Mechanical Engineers Workshop.
INNOSON VS GTB
Facts Behind Figures; How The Battle Between Innoson and GTB Started
The perfection of a man is based on his ability to distinguish between facts and fiction through deductive reasoning. Socrates
There have been many counter narratives on the reason why EFCC arrested Innoson and equally we have seen GTB response on its ongoing battle with Innoson and his company Innoson Nigeria Ltd.
According to C.P Scott “Comments are free but facts are sacred”. Now that this fight has become an open issue and the public is yearning to know the truth concerning the issue Innoson has with GTB, I will in a three (3) part series of articles reveal to Nigerians and the world what really happened.
In a saner society, the company secretary of GTB should have resigned by now and apologize to the Board of Trustees and Shareholders of the bank, because every legal advice and decision it gave to GTB backfired, thereby putting the bank in harm's-way.
The battle between Innoson and GTB started from a dispute between Innoson and customs when GTB decided to cry more that the bereaved by appealing a valid court ruling ordering GTB to pay Innoson judgment debt of N2.4B being the cost of his goods unlawfully seized and auctioned by The Nigerian Customs.
The Genesis of Innoson Vs Customs Court Case
Innoson established the first indigenous motorcycle assembly plant in Nigeria and based on this effort, the Federal Government, through the Federal Ministry of Finance gave a concession to him to pay 5% on his imported motorcycle CKDs. The approval is in the form of a certificate. The certificate runs for 12 months after which it is renewed.
Between October and December 2004, Innoson imported about 40 containers of motorcycle CKDs, his certificate was yet to expire. The certificate expiration was on 12th July 2005.
When the goods arrived in Nigeria, Innoson made efforts to clear the goods. He paid the required duty as calculated by COTECNA- the inspection agent and he was issued a Clean Report of Inspection (CRI) which showed the duty he was expected to pay.
After receiving the CRI from COTECNA, he paid the duty by issuing a cheque to be drawn in favour of the Federal Government of Nigeria. His bank, GTB, paid the money to the Federal government. And then he was issued with a Customs Revenue Receipt. The Receipt was issued by GTB that made the payment. The original copies were handed over to the customs.
After the payment of the duty, Innoson submitted all relevant documents to the Nigerian customs but the customs failed to release the goods. The goods were not released because they alleged that Innoson underpaid the duty. The Customs said he was to pay a 30% duty rate. When Innoson learnt of this, he referred them to the concession certificate which allowed him to clear his goods based on 5% duty rate.
In spite of showing the certificate to them, Customs refused to release the goods and showed his clearing agent a circular which didn’t mention the name of Innoson among the list of companies enjoying such concession.
Upon receiving the letter, Innoson protested by sending a written protest to the Minister of Finance. The Minister of Finance gave a directive through a letter to The Nigerian Customs to allow Innoson clear its goods. The Nigerian Customs then instructed their officers to allow Innoson clear its goods at the concessioned rate of 5%. The directive was also done in writing via a letter dated 13/12/2005.
With the letter from the Minister of Finance as well as The Nigerian Customs, Innoson re-submitted its documents to the Nigerian Customs officials to enable him take delivery of the goods.
After the submission of the documents, they were still delayed in processing the documents. After the delay, Innoson was given approval to take its goods as overtime cargo through a written approval dated 1st Feb 2006, 2nd Feb 2006 and 9th Feb 2006 for the three bills of laden respectively.
After receiving the written approvals, Innoson made attempts to clear the goods. After customs had passed the entry, Innoson could not locate the goods at the wharf. His clearing agent continued searching for the goods at the wharf until the 1st of March, 2006 when they learnt that 18 of the 25 containers had been sold by the customs.
Upon hearing that the goods had been sold by the customs, Innoson contacted its solicitors to write to the Ministry of Transport, Finance and the Comptroller-General of Customs which they did.
After sending the letter, the Minister of Finance invited Innoson to a meeting. At the meeting, Innoson was referred to the Chairman of the Presidential Special Committee on Port Decongestion and the Comptroller-General of Customs, the meeting between the three parties was held on 12th May, 2006 at Customs office in PZ Complex, Ikorodu Town, Lagos.
At the meeting of 12th May 2006 with the Hon. Minister of Finance, Transport and the Assistant Comptroller General of Customs and other stakeholders, the Chairman of the Presidential Special Committee on Port Decongestion referred Innoson to the Assistant Comptroller-General of Customs. The Assistant Comptroller-General directed Innoson to forward all relevant documents to his office so that he can be compensated.
On 18th May, 2006, Innoson forwarded the documents requested for by the Assistant Comptroller General of Customs through his solicitors.
The Customs ignored the documents that were forwarded and sold the remaining containers. Innoson is yet to come to terms on why customs sold his containers. First of all, he was not notified that his container was seized. He was not informed that his containers were to be sold.
His containers never contained any contraband goods but contained motorcycle CKDs. He did not at any time abandon the containers containing the motorcycle CKDs at the port. He was never taken to court. Innoson was not aware that there was a court order to sell his goods. The Federal Government gave him a concession to pay less duty because he owns an automated assembly line and as a result of the promise to increase the local output. The assembly line had a workforce of about 750 workers.
The questions that remained unanswered include:
· Whether the Customs has the right to refuse the release of the goods as stated in the CRI? The CRI reflected the 5% concession.
· How long do goods stay before it is declared as an overtime cargo? Do goods stay in the port for 3 months and thereafter become overtime
· Were the Customs Officials actually carrying out their official duties or was there a conspiracy to destroy Innoson by some people?
· There was a time lapse between the period the goods were to be cleared. Innoson never applied for an overtime clearance at any time. His goods were never gazetted before they were sold.
Innoson tried without success to pay the duty stated on the CRI but was rejected by the customs. The customs insisted that Innoson must pay 30% but Innoson still referred the Customs to his concession certificate.
Innoson was not given any notice to the effect that its containers were to be sold as overtime cargo after the approval granted to him to clear the containers as overtime cargo.
Even as an overtime cargo, there are procedures to be followed in selling it. These procedures were not followed. The usual procedure when there is conflict of figures for payment, a protest is lodged.
Innoson is not aware that any committee was set up to sell his containers. The customs equally did not advertise the sale of his container in any newspaper.
The procedure the presidential Special Committee on Ports and the Customs for selling good by auction is as follows;
(a) To notify the owner of their intentions to sell the goods by auction
(b) To give notice of the intended auction sale to the public through newspaper publication
(c) Set up a joint disposal committee to sell the goods by auction.
None of these provisions of the law was adhered to in auctioning his goods for sale. Therefore the Presidential Special Committee and Ports decongestion had no basis for auctioning Innoson’s goods after all genuine efforts by him to clear its goods.
Based on the damages that were incurred by the seizure and subsequent auction of his goods by the customs, Innoson through his solicitors sued the Nigerian Customs to the Federal High Court, Ibadan division with the following pleas;
1. Judgment for the sum of N1 billion
2. 22.5% interest for the sum of N1 billion
3. 22.5% on Judgment debt from the date of judgment until the liquidation of the debt
4. Judgment for any other claim as per the amended statement of the claim.
The Court Victory
The legal tussle between Innoson vs Customs lasted for some years. After Innoson had presented his case to the trial judge by providing all available facts and evidence to the trial judge and having the Defendants presented its own arguments and defenses.
The trial court therefore ordered the Custom to pay Innoson the sum of N2.4B being the cost of his goods and damages incurred.
Furthermore, Innoson got a garnishee order from the Court ordering GTB to pay the judgment debt of N2.4B to him. GTB refused to pay this money.
Innoson had a loan he was servicing with GTB at the time he got the judgment. Innoson had expected that GTB would deduct their money and pay him the balance. The reason why GTB refused to pay Innoson his money to ease him off from the damages and loss he suffered was unclear to Innoson.
GTB decided to cry more that the bereaved by appealing the court ruling on the garnishee to the Court of Appeal, Ibadan Division.
However in a unanimous judgment, delivered on 6th February 2014, the Court of Appeal dismissed the appeal and affirmed the judgment of the trial Court and ordered the Defendant (GT Bank) to pay the said sum of N2.4B to Innoson.
Still aggrieved, GTB appealed to the Supreme Court. As fate will have it, in a landmark decision on February 27th 2019, the Supreme Court of Nigeria dismissed GTB’s appeal - SC. 694/2014- against the judgment of the Court of Appeal, Ibadan Division.
Remember that the Court of Appeal, Ibadan division had in its decision of 6th February 2014 dismissed GTB’s appeal against the Federal High Court, Ibadan Division. Thus, the Court of Appeal affirmed the judgment of the Federal High Court, Ibadan Division which ordered GTB by way of Garnishee order absolute – to pay N2.4 Billion to Innoson with a 22% interest, per annum, on the judgment sum until the final liquidation of the judgment debt. Rather than obey the judgment of the Court of Appeal, GTB approached the Supreme Court to challenge the Court of Appeal's decision.
However in an ruling delivered by Honourable Olabode Rhodes-Vivour JSC on Wednesday, February 27th2019, the Lord Justices of the Supreme Court (JSC) dismissed GTB’s appeal and thus affirmed the concurrent judgment of both the Court of Appeal and the Federal High Court, Ibadan Division which ordered GTB by way of Garnishee order absolute – to pay N2.4 Billion to Innoson with a 22% interest, per annum, on the judgment until the final liquidation of the judgment. The Judgment debt of N2.4B with its accrued interest as at today is about N10B.
The questions Nigerians should ask GTB
1. Why did it not pay Innoson the Judgment debt as ordered by the court?
2. Does The Customs money ordered by the court belong to GTB?
3. With N10B of Customs money in GTB, why did it-GTB not pay this money, why did they decide to appeal the judgment since The Customs never protested the judgment?
Cornel Osigwe
Innocent Chukwuma: EFCC operatives slapped my wife, ‘tear-gassed’ my four-month-old grandson – Innoson boss
Premium Times February 7, 2018
The Chief Executive Officer, CEO, of Innoson Motors, Innocent Chukwuma, on Wednesday told members of the Senate committee on anti-corruption how his family members were reportedly maltreated by officials of the Economic and Financial Crimes Commission when they arrested him last December.
Mr. Chukwuma said that his wife was slapped while his four-month-old grandson and staff members were tear-gassed by EFCC operatives after forcefully gaining entrance to his house.
Enyinnaya Abaribe, Abia-PDP, had on December 20, a day after the arrest, announced at plenary that the operatives of EFCC slapped the wife of Mr. Chukwuma.
“Another incident happened in his house. The wife asked a question; ‘why are you arresting my husband? What has happened?’ And they slapped her,” he had said.
Confirming this on Thursday, the Innoson boss said the operatives, ”swooped on his house like assassins.”
“I do not know any thug nor do I have any thug let alone inviting or mobilising them to resist my arrest. Rather, given the way EFCC men entered into my residence, I thought they were assassins.
“As a result, I notified some of my friends and staff and they came to find out what was happening. The EFCC operatives that came to arrest me slapped my wife. Of course, she asked them for their warrant of arrest. They also beat up one Chidozie who was living with me to stupor. They used teargas on him for failing to tell them where I was. The EFCC operatives maltreated me as well.”
He added that he and his relatives and staff were maltreated before he was arrested.
“They used tear gas on me, flew me to Lagos in a pair of shorts, ‘snapped’ me with camera, sent the pictures to GTBank. They also injured some of my staff while shooting live bullets and tear gas. The tear gas affected my four-month-old grandson, who was there with his mother.”
PREMIUM TIMES could not immediately get a reaction to this allegation.
In its reaction, the EFCC representative told the panel that it had the powers to arrest Mr. Chukwuma or any other Nigerian with or without a warrant.
“We can arrest a person with or without a warrant. And the matter for which we have invited him for, the law did not state that we can’t arrest him without a warrant,” the EFCC Director of Legal and Prosecution, Chilo Okoroma, told members of the Senate committee.
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