Friday, December 29, 2017

Domain Pavilion Appoints a Nigerian to Head its Africa Division

Domain Pavilion
Scottsdale, Az, The Internet services company, Domain Pavilion,, has appointed a Nigerian, Mr. Dele Akande, to head its Africa Services  Division.  The Scottsdale, Arizona based company is offering reduced prices and special incentives to encourage Internet users and web developers in Africa to use or switch to its services.

Friday, December 22, 2017

GTB Chief Falls on his Knees to Beg Innoson Motors and Nd'Igbo after GTB Lost N1.5 trn



According to VOICE News:

Segun Agbaje is begging all Igbos to forgive him for been mislead by the “power from above” to fraustrate INNOSON GROUP. 
According to him, he said that more than 1.5trn has left the bank Nationwide becos of the fuse between GTB bank and INNOSON Group and thereby beg IGBOS and other Old Easterners that move their money out of GTB Bank to soft pedal. 
He said that 95percent of economic blood that keeps the bank and Nigerian economy going are been done by Ndi Igbo’s cos they do high volume of transaction in mass cos of the art of business wizadery God bless them with.
He begs Igbo Billionaires who are their customers that angrily move their money out of the bank and those doing transfer to handle the fuse with patience, that things will be taken care of.
He said again that he is tendering an unreserve apology to Igbo people to forgive, that together, we shall make Nigeria great again.

Seea, also

Innoson v GTB and EFCC: EFCC Chief Slaps Wife of Innoson Motors Boss, Arrests Mr. Chukwuma

We have already lost 25Billion, that is why we suspended all account for now -- GTB Begs

Wednesday, December 20, 2017

Innoson v GTB and EFCC: EFCC Chief Slaps Wife of Innoson Motors Boss, Arrests Mr. Chukwuma

 Boycott of GTB Begins: Many Depositors Move to Close their GTB Accounts 

Customers Descend on GTB to Close Accounts
GTB Loses over 50,000 Customers in One Day. South Easterners Storm GTB Branches Today to Close and Sign Off their Bank Accounts.

Telling Mrs Chukwuma that her family was being abused because they are Igbo, EFCC boss slapped her across the face and arrested her husband, Mr. Innocent Chukwuma.

Innoson Motors Vs GTBank: 30 Key Points To Know About Their Dispute

Below are key points to know about this huge dispute as composed by Enyinnaya Appolos;

1 - At all Material times, Innoson Nigeria Ltd operates a Current Account with GTBank.

2 - Innoson obtained, and had repaid same, a loan of N1.3billion from GTB Which was secured with a legal mortgage of its properties valued at more than N1.4billion.

3 - Innoson discovered that GTBank imposed excess and unlawful charges in its Current account.

4 Innoson Group Complained to GTBank on his discovery of access charges on his account.

5 - Both parties ( Innoson and GTBank ) agreed to invite an independent auditing firm that will be agreed by both parties.

6- At the end, MULTI-WINGS Consulting Firm of Auditors was invited to properly audit Innoson Nigeria Ltd Current account No 0043753636 domiciled with Nnewi Branch of GTBank. The audit covers a period from March 2004 to Dec 2011.

7 - After the account was audited, it was discovered that GTBank has been illegally deducting excess bank charges on its overdraft facility to the Innoson to the tune of seven hundred and Eighty-Six Million, Two Hundred and Five Thousand, Nine Hundred and Fifty-Five Naira, Ninety-Nine kobo ( N786,205,955.99).

8 - GTBank was shocked at the audit report when the report was forwarded to it.They replied in their letter to Innoson on 20th January 2012 that it will investigate the issue raised and will get back to Innoson on the Conclusion of its investigation.

9 - In the month of September 2012, GTBank wrote to Innoson that from their personal audit report, the excess bank charges was Five Hundred and Fifty-Nine Million, three Hundred and Seventy-Two naira, Nine kobo ( N 559.3Million).

10 - Innoson agreed to their version and decided to accept payment from it in the spirit of amicable resolution.

11- Innoson also requested that the said agreed amount of N559.3million be paid with a 22% interest rate because Innoson had been repaying all his loan with GTBank at 22% interest rate.

12 - GTBank refused and said that the best they can repay excess and illegal deduction is at 7% interest rate . This led to another disagreement between Innoson and GTBank.

13 - As a result, in 2012, Innoson sued GTBank at Federal High Court Awka with Suit No: FHC/Awk/ Cs/2012.

14 - Federal High Court, Awka delivered Judgement in favour of Innoson in excess of N4.7billion against GTBank.

Delivering Judgement in suit no: FHC /Awk/ CS / 139/2012, the FHC awarded N4.7billion to Innoson Motors against GTBank.
The court also ordered GTBank to pay 22 % (percent ) interest on the Judgement debt until all the payment had been made to Innoson.

15 - In 2013, GTBank appealed against the judgement to the Court of Appeal, Enugu Division, appoxite appeal No: CA/ E/288/2013.

16 - The Court of Appeal, Enugu in a Considered ruling ordered GTBank to pay the Judgement debt of N6billion Inclusive of the accrued interest and any interest that would subsequently accrue thereon into an interest yielding account in the Name of the Chief Registrar of the Court.

17 - In its various affidavits, particularly at the Court of Appeal in suit no: CA/ E/288/2013, GTBank deposed that if it pays the outstanding Judgement debt of N6billion, much less the N8.5billion, it could go bankrupt and be out of business.

18 - GTBank went to the Supreme Court.The case is still in the Supreme Court, while the Judgement debt is about N8billion now to be paid to Innoson by GTBank.

Other Cases:
IBADAN Case: Innoson /GTBank/Nigerian Customs Service :

19 - Nigerian Customs Service Auctioned Innoson goods.

20 - Innoson challenged the action Nigerian Customs Service for auctioning its goods at Federal High Court, Ibadan.

21 - On July 29, 2011, In a Garnishee Order Absolute, the Federal High Court sitting in Ibadan ordered GTBank to Pay Innoson #2,048,737,443,67 (#2billion) from Nigerian Customs account in GTBank.

22 - Rather than Comply with the Garnishee Order Absolute of the Court , GTBank on February 6, 2015 appealed the  Judgement , but the Court of Appeal in Appeal no. CA/1/258/2011 affirmed the Judgement of the Federal High Court and ordered GTBank to pay the Judgement debt of #2,048,737,443.67 (#2.048billion) to Innoson .

23 - GTBank , instead , appealed to the Supreme Court against the Court of Appeal's decision where GTBank claimed through a motion in suit no : Sc /694/2014, that the Court of Appeal Judgement in Ibadan (CA/I/258/2011) was procured by suspicious means .

24 - On May 12, 2017 , Supreme Court in its wisdom and rightly , dismissed that unfounded and exasperating claim of GTB against Innoson .

25 - As a result , Innoson commenced a N400 billion suit against GTBank , in the suit No: FCT /HC/CV/2448/2017 at the High Court of the Federal Capital Territory, Abuja .

#Another issues

26 - Consequently , in order to save itself from paying the outstanding Judgement debts to Innoson , the GTBbank filed a petition against Innoson alleging forgery which led to the suit No : FHC /L/565C/2015 by Police .

27 - On February 17, 2016 , Police properly and Competently withdraw the charges against Innoson , saying they needed to properly investigate the bank's complaints first and see if they had merits .

28 - On September 1 , 2014 , GTBank secured an ex parte order on Innoson Nigeria Limited, dated September 1, 2014 with suit no FHC/L/CS/1119/2014 , filed before a Federal High Court in Lagos , between GTBank and Innoson Nigeria Limited , issued by Justice Okon Abang , ordering that , pending the hearing and the determination of the substantive suit , all Commercial Banks in Nigeria were restrained from accepting in any manner whatsoever to any mandate or instruction presented to them by Innoson Companies or any of its agents or nominees for withdrawal of any sum of money standing to the credit of any account maintained by the company in all the banks.

29 - However , on June 10, 2015 , Justice Saliu Saidu of the Federal High Court , Lagos , in a Considered ruling set aside the ex parte order of September 1, 2014 , by Justice Okon Abang and the writ of summon as well.

30 - Innoson then slammed a N30 billion suit on Guaranty Trust Bank for what it had suffered in monetary terms and reputational terms during the months when the accounts of its companies in all Nigerian banks were frozen. With Innoson winning both cases at the High Court and both cases at the Appeal Court, and GTB appealing, both cases are awaiting the verdict of the Supreme Court. Meanwhile the fresh N30 billion naira suit has just gone to the High Court to start its legal journey.

GTB's Side of the Story 

If what am reading here is true, it means Chief Innocent Chukwuma is not to be trusted and his case should not be handled with levity. Read too and be blessed.

Innocent, EFCC Arrest and the GTB Loan: The Facts Behind the Saga... 

What We Discovered:

1. GTBank (in 2009) granted Innoson several credit facilities (i.e loans) totalling N2,400,000,000,00 (two billion, four hundred million Naira only), to part finance working capital requirements, import new motorcycles and motorcycle spare parts, agricultural spare parts and plastic manufacturing equipment (“Imported Goods”)

2. Under the loan terms agreed by Dr. Innocent Chukwuma on behalf of Innoson, proprietary interest in the Imported Goods was consigned exclusively in favour of the Bank. This means that the Bank was the exclusive owner of the Imported Goods. Accordingly, the original shipping documents (i.e. the Bills of Lading) were in the custody of the Bank, and have remained in the custody of the Bank at all times.

3. Because GTBank was the exclusive owner of the imported goods, ownership of the goods could only be transferred to Innoson (or any other third party) by the Bank. The condition in the agreement between the Bank and Innoson, for the release of the Imported Goods by the Bank to Innoson, was the payment of 25% of the value of each Letter of Credit transaction by Innoson.

What We Learnt:

1. Innocent Chukwuma approached the Bank, on behalf of Innoson, requesting the release of the shipping documents without payment of the agreed+ 25% equity. The Bank declined his request as a result of Innoson’s failure to meet the agreed conditions.

2. It came to the Bank’s knowledge sometime in June, 2011 that the Imported Goods for which the Bank declined to release shipping documents to Innoson in view of its failure to meet the agreed conditions, had been fraudulently procured by Innoson.

3. The Bank discovered that Innoson, under the control of Dr. Innocent Chukwuma had forged the Bank’s endorsement on the bills of lading to the Shipping Line and fraudulently cleared the Imported Goods which were in the name of the Bank. The Imported Goods, being property of the Bank should not have been cleared from the Port without the original shipping documents being endorsed by the Bank in favour of Innoson, or any third party.

4. The signatures of 4 (four) staff of the Bank, to wit, Taofeek Olalere, Dan Attah, Bunmi Adeyemi and Amazu Amalachukwu, as well as the Bank’s stamp were forged on all the shipping documents used by Innoson to fraudulently clear goods at the port. The Bank did not at any time endorse or transfer the shipping documents to Innoson, as the originals of each of the relevant Bill of Lading remain in the Bank’s custody to this very day.

5. When the Bank reported the matter to the Nigeria Police, Dr. Innocent Chukwuma claimed the Bank released the shipping documents to him. Consequently, the Police commenced investigation into the Bank’s complaint, including a forensic examination of the disputed signatures, and established that the signatures of the Bank’s staff were forged, and the Imported Goods were fraudulently cleared from the Nigerian Ports Authority by Dr. Innocent Chukwuma and his accomplices.

What We Heard from the Police:

1. Police investigations confirmed that Innoson and Dr. Innocent Chukwuma deliberately set out to defraud, steal from the Bank and convert the Imported Goods belonging to the Bank by deceptive means and through forgery and misrepresentation. The unlawful takeover of the Imported Goods, which served as the Bank’s collateral, left an indebtedness in excess of the sum of N1,654,481,895.04 (one billion, six hundred and fifty four million, four hundred and eighty one thousand, eight hundred and ninety five Naira, four Kobo) as at September 26, 2012.

2. Chief Innocent Chukwuma was arrested and interrogated by operatives of the EFCC, following which he agreed to make monthly payments into Innoson’s account until the full liquidation of Innoson’s indebtedness to the Bank. However, Innoson defaulted in making the agreed payments. Investigations by the Nigeria Police following a petition by the Bank in September 2013 also found Innoson and Chief Innocent Chukwuma culpable of the criminal allegations levied against them by the Bank, and Chief Innocent Chukwuma was accordingly charged to court by the Police.

3. The Police filed Charge No. FHC/L/565C/2015-Inspector General Of Police And Innoson Nigeria Limited; Innocent Chukwuma;Charles Chukwuma;Maximian Chukwura; Mitsui Osk Lines; Annajekwu Sunny for fraudulent clearance of goods, forgery, conversion, stealing and conspiracy presently pending before Faji J, at the Federal High Court, Ikoyi and adjourned to November 21, 2017 for arraignment/or hearing of motion for issuance of Bench Warrant.

What Innoson Did:

1. Innoson approached the Bank for a reconciliation of his account and pleaded for a debt forgiveness. A reconciliation was carried out on the account – which had a debit balance of N1,654,481,895.04 as at December 31, 2011. In the spirit of amicable resolution and EFCC intervention, the Bank said it agreed to forego the sum of N559,374,072.09 which represented default charges that has accrued on the account and debited in line with the loan agreement between the customer and the Bank.

2. Based on this, the Bank decided to accept from the customer, the sum of N1,095,107,822.95 as full and final payment of the customer’s indebtedness to the Bank, provided that same shall be fully paid not later than (30) days from the date of the letter written to him

3. Surprisingly, Innoson commenced suit no:FHC/AWK/CS/2012 against the Bank at the Federal High Court, Awka stating the bank had debited its account with excess charges totalling N559,374,072.09 and obtained judgement in excess of N4.7Billion against the Bank. Again choosing to dishonour an agreement that was amicable reached between him and the Bank for a full and final settlement of N1,095,107,822.95 wherein the Bank graciously forgave him the sum of N559,374,072.09 which accrued on his account during the period which he abandoned his account.

4. To further stall the criminal proceedings against him, Chief Innocent Chukwuma and his company instituted suits at the Federal High Court, Abuja, as well as the Federal High Court, Awka in January 2014 against The Inspector General of Police, The Nigeria Police Force and Investigating Officer(s), seeking declaratory and injunctive reliefs, including orders restraining the Police from commencing criminal proceedings against Innoson and Chief Innocent Chukwuma.

Furthermore, in a bid to stall the Bank’s recovery steps, and distract the Bank from focusing on the criminal action, as well as civil actions filed for recovery of the debt, Chief Innocent Chukwuma and his company Innoson, have continued to institute various spurious suits before various courts, claiming frivolous and outrageous sums against the Bank.

What GTBank is Not Saying:

1. In responding to Innoson’s motion for a stay of criminal proceedings at the Court of Appeal, the Honourable Justice J.S Ikyegh on September 17,2017 dismissed the motion for being unmeritorious and ordered that proceeding in the criminal case against Innson should proceed.
2. On October 12, 2017, the Police through its Charge No. FHC/L/565C/2015- filed an application for the issuance of bench warrant against Innocent Chukwuma; Charles Chukwuma and Annajekwu Sunny for fraudulent clearance of goods, forgery, conversion, stealing and conspiracy presently pending before Faji J, at the Federal High Court, Ikoyi and adjourned to Decemeber 8, 2017 for arraignment/or hearing of motion.

Breaking: PDP Faction Emerges, Opens Secretariat in Abuja

The crises rocking the Peoples Democratic Party (PDP) has reached a new level with the emergence of a parallel faction, whose members are loyalists of one of the chairmanship candidates in the recently concluded convention of the party. Led by Emmanuel Nwosu, the group which referred to itself as Fresh PDP, is calling for the nullification of the party’s convention held on December 9 at the Eagle Square in Abuja. Briefing newsmen at the party’s secretariat located at Tito Broz street, off Jimmy Carter street, Asokoro, Nwosu said the process leading to the emergence of the Uche Secondus-led National Working Committee was fraught with illegality and abuse of electoral process. The slogan of the new group is Fresh PDP… PDP First

Read more By Dirisu Yakubu at:

Friday, October 20, 2017

Alleged N170 Million Contract Scandal: Businessman Sues Top Justice Ministry Official, Angela Anukam

Justice Ministry Building, Abuja

The Federal Ministry of Justice says it has launched an investigation amid claims that one of its senior officials attempted to prevent the prosecution of Zinox Computers management over an alleged N170 million contract fraud.
The ministry said it was investigating alleged ties between Stella Anukam, its director of International and Comparative Law, and a law firm that filed a petition in connection with the case.
Mrs. Anukam is named as one of the lead partners of Integrity Law Firm, which sent the petition seen as capable of thwarting the case. Her role in the law firm violates public service rules barring government officials from private practice.
Zinox Computers is one of the firm's clients, PREMIUM TIMES found.
The head of the Directorate of Public Prosecution, Mohammed Umar, told PREMIUM TIMES the ministry had commenced investigations into allegations against Mrs. Anukam.
The longwinded case began in 2012 over a N170.3 million contract awarded by the Federal Inland Revenue Service, FIRS.
An Ibadan-based computer retail firm, Citadel Oracle Concept Limited, which said it won the offer, accused top officials of Zinox Group, including the Chairman, Leonard Stanley Ekeh, and wife, Chioma, of impersonating it and illegally taking over the contract.
Other accused persons include the Company Secretary/Legal Adviser, Zinox Group and Technology Distribution, TD, Chris Ozims, and a director of TD, Folashade Oyebode; the chief executive of Ad'mas Digital Technologies Limited and Pirovics Engineering Services Limited, Onny Igbokwe, along with one Princess O. Kama.
Two staff of Access Bank Plc, Obilo Onuoha and Deborah Ijeabu, were also identified.
Although investigations into the matter were completed by the Special Fraud Unit, SFU, of the Nigerian Police Force in 2014 and a case established against the suspects, prosecution stalled after police refused to release the case file.
Several requests by the then Director of Public Prosecution, DPP, Mohammed Diri, to the police to release the case file were ignored, police and government officials involved in the case told PREMIUM TIMES.
Twist after twist
On June 16, 2016, police curiously charged the complainant and managing director of Citadel Oracle, Joseph Benjamin, to court, accusing him of providing false information in his petition to the police against the suspects.
Following Mr. Benjamin's petition, the Attorney-General and Minister of Justice, Abubakar Malami, directed the DPP to take over the case to avoid miscarriage of justice.
Based on the directive, a senior counsel from the Ministry of Justice, Aniekan Ekong, appeared at the Federal High Court, Apo on December 7, 2016 and announced the formal take-over of the case. He also asked the police to hand off the case and transfer the case file to the DPP for the prosecution of the accused.
However, at the resumed hearing of the court on February 28, the police presented a letter signed by the DPP, Mr. Umar, upturning the Attorney-General's order and reinstating the police to continue the trial.
On Friday, Mr. Umar, confirmed to PREMIUM TIMES that he wrote the letter reinstating the police on the instruction of the Attorney-General.
He said the Attorney General changed his mind following a petition by the Abuja-based law firm, Integrity Law Firm, which claimed that its client, the police, had an ongoing case against Mr. Benjamin.
A new petition by Citadel Oracle to the Attorney-General, accused Mrs. Anukam, a partner in the law firm, of being responsible for the reversal.
The petition, dated April 11, by counsel to the company, Udah, Bala, James & Partners, also said Mrs. Anukam was working as an insider to "truncate" case.
When PREMIUM TIMES visited Mrs. Anukam's office on the 5th floor of the Federal Ministry of Justice to seek her reaction to the allegations, an aide, who refused to give his name, said she was not available.
When this paper explained the purpose of the visit, the aide referred it to the ministry's press office. That office was locked.
But at the DPP's office, the director, Mr. Umar, told PREMIUM TIMES on Friday, the ministry had commenced investigations into the issues raised in the petition against Mrs. Anukam.
Mr. Umar said after preliminary findings, Mrs. Anukam would be asked to offer explanations on those issues if found to be credible, to allow management take its decision.
Conflict of interest?
A background check by PREMIUM TIMES showed that Mrs. Anukam, a 1984 law graduate, was listed on Integrity Law Firm's website as the lead partner and management team member of the firm.
Curiously, hours after PREMIUM TIMES' visit to Mrs. Anukam's office on Friday, her profile and status on the Integrity Law Firm's website were edited, making her "an external consultant" for the company.
A review of the Integrity Law Firm's list of clients on the company's website also showed Zinox Technologies Limited and Technology Distribution Limited, two companies suspected to have been involved in the N170 million contract scam, conspicuously listed. The company's clientele also included the Federal Ministry of Justice.
Also, company status report obtained by this newspaper from the Corporate Affairs Commission, CAC, showed that Integrity Law Firm, with No. BN985788 and office address at 'Plot 472, Adetokunbo (Way) Wuse 2, Abuja, was registered as a business name on March 13, 2002, with Innocent Eremionkhale as its proprietor.
PREMIUM TIMES confirmed that Mr. Eremionkhale, a 1999 law graduate of the Edo State University (now Ambrose Alli University, Ekpoma), is Mrs. Anukam's younger brother.
Federal public service rules prohibits workers from engaging in private practice.
Chapter 3, No. 030425 of the Federal Government Public Service Rules (2008 edition) states: "In accordance with the provisions of the Regulated and other Professions Private Practice Prohibition Act (Cap. 390) Part II, no officer shall engage in private practice."
Similarly, Rule No. 030430 of the same Chapter states: "No officer shall undertake any private agency in any matter connected with the exercise of his/her public duties."
Part 1, paragraph 1 of the Code of Conduct for Public Officers listed in the Fifth Schedule of the 1999 Constitution as amended also says "A public officer shall not put himself in a position where his personal interest conflicts with his duties and responsibilities."
Contract fraud
On the prosecution of the N170 million fraud case, the DPP said the ministry was committed to pursuing it to its logical conclusion.
"We are ready to do our job. But more attention should be focused on the police to play its part, by producing the case file. Otherwise, there is little we can do. Since I assumed office, I have written to the Inspector General of Police three times requesting the case file without any response," Mr. Umar said.
The chairman of the Special Investigation Panel, SIP, Ali Amodu, a retired Assistant Inspector General of police, told this newspaper on Friday the current police authorities were worried by the way the case was being handled.
The SIP was constituted by the current Inspector General of Police, Ibrahim Idris, to review police investigations with the potential of a miscarriage of justice.
"The police authorities are not very happy about the whole situation and has asked the investigation officer to show prove of what he has been investigating, particularly how the complainant in the case ended up being charged for allegedly giving false information and the people accused of involvement in the fraud.
"I have already requested the investigation officer to fish out all the relevant documents relating to the case, including the legal advice that recommended the prosecution of the complainant, while the accused are allowed to walk about free.
"The police will not allow anything to lie low. We must get to the bottom of the matter and ensure justice is not miscarried," Mr. Amodu said.
Mr. Benjamin said he was against attempts at an out-of-court settlement of the case.
"Our cry is for justice," he told PREMIUM TIMES. "I am ready to die if need be. All what I want is justice. Let this case be a test and a challenge to the Federal Government's sincerity about its commitment to fight corruption without fear or favour."
"The investigation by the EFCC into the case ordered by the Vice President last year has been stalled. I have spent several millions, and risked my life and personal safety to be travelling to Abuja and Lagos to attend court cases, to defend myself over a matter I am innocent of. Yet, the real culprits are walking the streets free."
The case comes up in an Abuja court on Thursday.

Read the original article on Premium Times.

Tuesday, September 12, 2017

"Let's Roll:" A Poem about 9/11 Written by Sachi Amanze and Austin Luu

"Let's Roll"

It was September 11th, 2001
The day of tragedy had only just begun.
Little did the people know what was in store,
Once they walked through those airplane doors.

This is the story of Flight 93,
A group of courageous people as you will soon see.
On United Airlines they sought to fly,
But on that day they would have to say their final goodbyes.

With sights on San Francisco International Airport,
The pilots LeRoy Homer Jr. and Jason Dahl were forced to abort.
“Mayday! Mayday! Get out of here!” Homer shouted,
For Al-Qaeda had taken over and rerouted.

Led by Ziad Jarrah, Muslim extremists hijacked the plane,
With the coordinated attacks on American soil Al-Qaeda had much to gain,
By then, the World Trade Center had fallen with Flights 172 and 11,
And soon to join their fate would be the Pentagon and Flight 7.

“Let’s roll” were the words that sparked their resistance,
The passengers fought against their captors in that instance.
Knowing all too well it was going to end,
The infiltrators made a sudden bend.

Straight into the ground at 563 miles per hour,
Flight 93 crashed, in an explosion of jet fuel and power.
Into an empty field in Shanksville, Pennsylvania,
That marked the end of al-Qaeda’s burst of mania.

Attacks on American government, military, and economy,
Long-term effects of the attacks would be a certainty.
But thanks to the quick actions of a band of 33,
The United States Capitol is still standing, tall, proud, and free

Heroes they will forever be,
For saving the lives of people like you and me.

By Sachi Amanze and Austin Luu