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Innoson Company Sues GTB Demanding 400bn

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Innoson Nig. Ltd., a local car manufacturer, has filed a lawsuit against Guaranty Trust Bank for character assassination and defamation.

According to The Punch, the company together with its founder, Chief Innocent Chukwuma, took the matter to a High Court sitting in Abuja and are demanding N400bn as damages for injury to their reputation, moral character, credibility, office, vocation and trade.

They also seek an order of perpetual injunction restraining GTBank from further defaming them.

The lawsuit, which was filed by the counsel to Chukwuma, Prof. Joseph Mbadugha, is sequel to a recent decision by the Supreme Court in favour of Innoson Nigeria Ltd. on May 12, 2017, where an application by the financial institution was dismissed.

A Federal High Court sitting in Ibadan, Oyo State, had on July 29, 2011, ordered the bank to pay N2bn to the car manufacturer but appealed against the judgment.

The appellate court in the state upholding the verdict of the lower court, on February 6, 2014, mandated the financial institution to pay the said sum to Innoson.

Unsatisfied by the ruling, GTBank sought relief at the Supreme Court but its application was dismissed.

In the fresh suit filed, the car manufacturer and Chukwuma maintained that claims by GTBank that it obtained the Court of Appeal judgment by fraud and fraudulent suppression of the fact that the company was paid the sum of N1, 406,515,845.98 in final liquidation of the judgment debt, implies that both parties were dubious, dishonest, dishonorable, and untrustworthy among other things.

Apart from the N400bn damages demanded, Innoson and Chukwuma are asking that the published words be retracted by the defendant with an apology published in two national dailies.

Source: Tori.ng

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Nigerians React As Festus Keyamo Shades Youths Over #EndSARS Protests

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Festus Keyamo
Festus Keyamo

Festus Keyamo

Nigerians have expressed their distaste for the tweet posted by Festus Keyamo over the #EndSARS protests that has led to lives and property being destroyed by hoodlums.

The Minister of State, Labour & Employment took to his Twitter page on Friday morning to post a tweet that reads thus:

“This morning, I woke up and remembered the African proverb: WHAT AN OLD MAN CAN SEE SITTING DOWN, A YOUNG MAN CAN’T SEE EVEN IF HE CLIMBS THE HIGHEST IROKO TREE. Good morning, Lagos. Good morning, Nigeria.”

Read AlsoMinister Of Labour, Festus Keyamo Backs #EndSARSProtest

A Twitter user identified as Adesina Oluwafemi berates the SAN for being a part of bad governance. “Mr. Keyamo. I am astonished at your statement. I am equally as old as you are if not older and I feel the pain of this our youth. I even have classmates that I can’t boast of. All these is because of bad governance which u are a part of“, he wrote.

See tweets below:

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Nigerians React As Army Says Videos Of Lekki Shooting Are Photoshopped, Fake

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Nigerians React As Army Says Videos Of Lekki Shooting Are Photoshopped, Fake
Nigerians React To Defence Spokesperson's Statement That Videos Of Lekki Shooting Were Photoshopped

John Eneche

Nigerians have reacted to the video of Nigeria’s defence spokesman, John Eneche, saying that the videos of the Lekki Tollgate shooting were photoshopped. In the video, he said it was analysed and the analyst concluded that they were all doctored.

His statement has generated reactions from Nigerians. Taking to Twitter, many Nigerian users on the micro-blogging platform have dismissed his statement as false because it is impossible to photoshop a live video on Instagram.

Read AlsoEnd SARS: Gen. John Enenche Reacts To Lekki Toll Gate Shootings

Information Nigeria recalls DJ Switch was hailed by Nigerians for her bravery as she waited at the scene of the incident to give everyone a live footage via her Instagram page.

A user identified as Tolani tweeted:

“Dear generation old Nigeria… you cannot photoshop Instagram live. Your ‘analyst’ has 419’d you sir.”

See tweets below:

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Hoodlums Looting At Bode Thomas Street In Lagos (VIDEO)

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Hoodlums Looting At Bode Thomas Street In Lagos (VIDEO)

In a video making rounds on Twitter, hoodlums were captured looting at Bode Thomas street in Lagos.

EndSARS: Police, Hoodlums Clash In Benin-City

The video revealed that some hoodlums are currently looting some properties on the street.

Following the unrest that has swiped through the streets of Lagos, hoodlums have taken over the street to cause mayhem in several parts of the state.

Watch the video below;

What started as a peaceful protest has led to the death of many lives and the propaganda of private and public properties.

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