Innocent Chukwuma may be having the last laugh over his travail with GTBank giving the Supreme Court ruling today striking out the bank’s motion for stay of execution of the Enugu Court of Appeal Division’s order that it should pay over N6 Billion into an interest yielding account at the Court of Appeal. The Supreme Court also ordered GTBank to pay Innoson N14 billion within 14 days.
Justice Mojisola Dada of an Ikeja Special Offences Court, Lagos has just declared the Chairman of Innoson Motors, Innocent Chukwuma wanted for fraud.
Mr. Chukwuma was arrested at his residence in Enugu around 9:00 a.m. on Tuesday for allegedly jumping bail. “His arrest is in connection to the ongoing case he has with GTBank,” spokesperson for the company, Cornel Osigwe, told an online newspaper.