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Wednesday, December 20, 2017

#BoyCottGTBankOverInnoson: Senate intervenes, rebukes EFCC, security agencies

The Nigerian Senate rose from its Wednesday session after intervention in the reports making a round over the alleged abduction of Chairman of Innoson Motors Group, Chief Innocent Chukwuma, by the operatives of the Economic and Financial Crimes Commission, (EFCC), reports ITRealms.

Consequently, ITRealms reports that the Senate has directed its Committee on Anti-Corruption chaired by Senator Chukwuka Utazi to investigate the matter.

Leading the intervention followed the Point of Order raised by the Deputy Senate President, Chief Ike Ekweremadu, who condemned the arrest of Chief Chukwuma in his home in Enugu at about 5am on Tuesday and then abducted without any information on what his offence was.

Ekweremadu described the abduction of Chukwuma as deliberate violation of his freedom as a free citizen as assured in the Nigerian Constitution.

ITRealms reports that Chief Innocent Chukwuma was allegedly abducted by EFCC over a transaction between him and a commercial bank, Guaranty Trust Bank (GTB), just as some notable Nigerians from the South-East are calling for boycott of GTBank over the harassment meted to chairman of Innoson by closing their accounts with the banks.

Ekweremadu who confirmed speaking with Chief Innocent Chukwuma told Senate that the industrialist is not indebted to the bank, stressing that he has since repaid the loan from the bank and in fact, “its GTB that is owing Chief Innocent Chukwuma after the bank over deducted up to the sum of N500 million from his account.”

He pointed out that information available to him, showed that problem started between Chief Chukwuma and his banker after he demanded refund, emphasizing that whilst GTB wanted to repay on 7 per cent interest rate, Chief Innocent Chukwuma insisted on same 22 per cent interest rate the bank had charged him.


The transaction, he said, has since been a matter of litigation at the Supreme Court and wondered why EFCC or any security agency will allow itself to be used for a commercial transaction simply because it did not favour a bank.

Chuks Egbune/GEE

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