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Innoson Boss, Chukwuma Sets to Take Over GTBank

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Innoson Boss, Chukwuma Sets to Take Over GTBank
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Innoson Boss, Chukwuma Sets to Take Over GTBank

Innocent Chukwuma, chairman, Innoson Group, says he is waiting to take over the assets of Guaranty Trust Bank (GTB) due to “non-payment of his N32 billion”.

Chukwuma, in an interview with journalists on Tuesday, said the money owed him by the bank would soon surpass their capacity.

Innoson and GTB have had a business dispute leading to a prolonged legal battle.

Innoson had secured judgment debt against the bank in suit FHC/L/Cs/603/2006 and FHC/Cs/139/2012 respectively, which rose to over N32 billion due to accumulated interest.

In July, Innoson had asked a federal high court in Lagos to set aside an order permitting GTB to restructure to a holding company.

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But the bank completed the restructuring — GTB is now known as Guaranty Trust Holding Company Plc (GTCO Plc).

Innoson Boss, Chukwuma Sets to Take Over GTBank

The billionaire businessman, at the media briefing, recounted that his relationship with the bank had been extremely cordial during the tenure of Olutayo Aderinokun, late MD of GTB.

“I was GTBANK’s best customer in the south-east when Tayo, the former MD, was alive. Because of this, they opened a branch in Nnewi. After Tayo, the new MD took over. I don’t even know him. I saw him for the first time last year,” Chukuma said.

“They started fighting about tribe. I am not certain about this but I think the reason he (GTB) is fighting is because of tribe. I don’t know exactly what his problem is.

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“But finally, I have proved him wrong in everything. I have defeated him in all the courts we went to. The only thing left is for him to pay me what he owes me.

“He was going to my account and taking money anyhow. I discovered it, took him to court and won. Up till now, he hasn’t paid and we have gone up to supreme court. Maybe he hasn’t paid because he wants Nigeria to change their law because of him.”

The CEO explained that he would no longer “disturb” the bank to pay the debt.

According to him, he would take over the bank when it gets to the point that the bank cannot pay the principal amount plus 22 percent accrued interest.

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“The beauty of the whole thing is that the money is attracting the interest of 22 percent. So, I am waiting for the interest to be above their capacity so I can take over the bank,” Chukuma said.

“That’s what I am waiting for. I am not disturbing them anymore. I am assuring all the customers of GTB that if I take over, I would still run it well. They shouldn’t fear. I haven’t done any business that fails.

“I will run it better than them. If they cannot pay me, I have no choice but to take over the management.”

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Video: How Lady At Obi Cubana’s Club Died As Revealed By CCTV

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How Lady At Obi Cubana’s Club Died As Revealed By CCTV
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How Lady At Obi Cubana’s Club Died As Revealed By CCTV

Recall that Previously, some reports had it that the lady was electrocuted by a metal at the club but in a CCTV footage received by Chrysora Media, shows otherwise.

The middle-aged woman who died at the Hustle and Bustle club in the Aminu Kano Crescent area of Wuse, Abuja was identified as Susan Oleghe, a shoes’ seller.

In the video, a lady wearing a red dress is seen walking out of the club with two other men before dashing towards the side of a fence and crashing to the ground.

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Till the time of filling this report, what actually happened has been unexplained. But Chrysora Media keeps digging to get the full story.

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Autopsy Of OAU Student, Adegoke Will Determine Next Actions On Hilton Hotel Owner, Son – Police.

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Autopsy Of OAU Student, Adegoke Will Determine Next Actions On Hilton Hotel Owner, Son – Police.
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Autopsy Of OAU Student, Adegoke Will Determine Next Actions On Hilton Hotel Owner, Son – Police.

The Osun State Police Command on Thursday stated that the son of the owner of Hilton Hotel and Resorts, Ile-Ife, Raheem Adedoyin, had not been declared wanted for complicity in the murder of the late Timothy Adegoke because the autopsy result into the cause of the death of the student was not yet out.

This was made known by the Police Public Relations Officer for the state command, Yemisi Opalola, noting that the owner of the hotel, Dr Ramon Adedoyin was still in police custody and yet charged to court because the autopsy result was yet to be out.

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“The autopsy result is not yet out,” she said.

We n
Had earlier reported that the family of the Master of Business Administration (MBA) student of Obafemi Awolowo University, who died mysteriously after lodging at Hilton Hotels and Resorts in Ile Ife had rebuked the police for failing to arrest Raheem Adedoyin, who was recently said to have dumped Timothy’s corpse in the bush.

In a statement by the family’s lawyer, Kayode Ajulo which was obtained by SaharaReporters on Thursday, Timothy’s family had reiterated that all those scheming to distort justice for the dead would not be spared to face the wrath of the law.

“Considering the circumstances of the disingenuously orchestrated murder of Mr. Timothy Adegoke Oludare, the Law Enforcement Agency whose primary duty is to protect lives of citizens ought to exert the same energy invested in trailing and arresting suspected secessionists in arresting Mr. Raheem Adedoyin, who is allegedly at large.

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Autopsy Of OAU Student, Adegoke Will Determine Next Actions On Hilton Hotel Owner, Son – Police.

“While one wonders whether the labelling of Raheem Adedoyin as a prime suspect is a game plan to unclamp Dr. Rahman Adedoyin, a panoptic appraisal of the whole saga will reveal nothing more than an attempt by some dark sections to allow glittering externalities to subvert the core of genuine probing and discreet investigations in the guise to pervert the cause of justice which we shall definitely refute.

“Now that the Police know so much, it is time to start asking more questions: Why has Raheem Adedoyin not been declared wanted and an intelligence team churned out to arrest him?

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“Why would the hoteliers break into the late Timothy Adegoke’s room on the first night when he actually paid for two nights at the hotel?

“Why have the suspects not been charged before a Court of Competent record as prescribed by the Constitution?
“Without doubt, it must be clear to those who still have eyes to see and a conscience which is alive, that the credibility of the Nigerian Police Force at such a crucial time like this depends in large measure on their handling of this present case where some persons have declared themselves as the untouchables,” Ajulo had said.

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I Bought Late Ataga’s Laptop From Chidinma For N495,000 — Man Tells Court

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I Bought Late Ataga’s Laptop From Chidinma For N495,000 — Man Tells Court
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I Bought Late Ataga’s Laptop From Chidinma For N495,000 — Man Tells Court

A businessman, Mr. Ifeoluwa Oluwo, Thursday, narrated to a Lagos High Court sitting at Tafawa Balewa Square, TBS, how Chidinma Ojukwu the murder suspect in the case of Super TV Chief Executive Officer, Usifo Ataga, sold the deceased’s laptop to him.

He said that he bought the laptop from the first defendant for N495,000, on June 18, two days after the body of Ataga’s body was found at the short service apartment in Lekki.

The witness told the court that it was after he bought the laptop that he saw her (defendant) on social media regarding a murder case.

He said as soon as he saw that it was the customer he bought the laptop from, he ensured that all her documents were kept handy.

Oluwo stated this in the ongoing trial of Chidinma Ojukwua a 300-level Mass Communication student of the University of Lagos and two others over Ataga’s murder.

Ojukwu is standing trial alongside her sister, Chioma Egbuchu, and one Adedapo Quadri.

The witness said he deals in the sales of phones, laptops and accessories at Computer Village, Ikeja, Lagos, and has been in the business for five years,

Oluwo, who is the third prosecution witness (PW3), was led in evidence in chief by the Lagos State prosecuting counsel, Mr. Yusuf Sule.

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back in June

Chidinma, had on June 13, requested for the short service apartment where Ataga was found dead and left the apartment on June 15, before Ataga’s body was discovered on June 16.

The witness who testified before Justice Yetunde Adesanya, and identified the first defendant (Chidinma) a customer, who made a purchase of a phone on April 30 and also made a sale of her laptop on June 18, at the same office.

He told the court that they buy and sell brand new phones and fairly used phones.

Oluwo said: “On June 18, she(Chidinma) sold me a laptop for N495,000, after negotiations and market value comparison.

“In order to make a sale you have to submit some documents and fill form: your government identification card, driver’s license, international passport, voter’s card, NIN.

“You also have to fill a form which includes email, phone number, house address, full name.

“It will also contain the full value of the item, for that day, the name of the item and the serial number of the item.

“This is what we do to contact customer if there is any issues,” he said.

‘She said she had 2 laptops and needed money to pay bills’
He said that he inspected the laptop physically, but that he was unable to access it initially.

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Oluwo said: “I asked her (first defendant) to unlock the laptop and she did.

“So I conducted my internal observation which included speed performance, the circle count of the battery and general functionality.

“After that I, proceeded to ask questions: do you have a receipt for this laptop?

“She stated that it was a gift from her boyfriend, and that she has two laptops and needed to sell one to pay for some bills.

“I conducted a check on a website for my market evaluation. I confirmed the value of the laptop. It was $1,000 to $1,200.

“The exchange rate of Dollars as at that time was N400 to N450.

“She wanted to sell for N600,000. We were able to negotiate for N495,000, which I initiated from my bank account to hers.”

When asked if the first defendant produced the receipt of the laptop, Oluwo further told the court that she was not able to provide the receipt as she insisted that it was a gift from her boyfriend.

The witness said: “After the sale of the laptop, we saw her face on social media, regarding a murder case.

Police probe

“Few days later, the Police from State Criminal Investigation Department, SCID, Panti, invited my Manager, Olutayo Abayomi.

“A call was made to me by someone else in the office, that he has been invited to the police station. So I proceeded to the station to find out why.

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“When I got to the Police Station, I discovered that it was in connection to the laptop we bought from Chidinma on June 18.

“We both made a statement detailing how we came about the laptop and how we made the purchase.

“We gave the police the documents of the former owner, which included a copy of her voters’ card, a copy of our form, all receipts which already have her information, regarding the laptop,” the witness said.

Asked if he can detect that a product is a stolen item, he said no.

“There is no way we can detect that a phone or laptop was a stolen one,” he said.

During cross-examination, the first defendant’s counsel, Mr. Onwuka Egwu, asked if he was shown any documents, receipts or proof of ownership to show that the laptop was not for the first defendant at Panti. He said no.

Justice Adesanya adjourned the case to November 29, for continuation of trial.

The three defendants were arraigned on October 12 on a nine-count charge preferred against them by Lagos State Government.

The first and second defendants were alleged to have conspired and murdered Ataga on June 15, by stabbing him several times with a knife on the neck and chest.

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