Between GTB and Innoson, who is playing on public intelligence?

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By Abdulrazaq O Hamzat


Recall that yesterday, The Chairman of Innoson Motors, Innocent Chukwuma, through a statement issued by Cornel Osigwe, Innoson Group’s head of corporate communications, claimed that it has obtained a judgement against Guarantee Trust Bank (GTB) at the Supreme Court.

The statement claimed that the apex court ordered the management of GTB to pay Chukwuma a sum of N12 billion within 14 days, after it struck out the motion for stay of execution of the Enugu court of appeal division’s order that GT Bank pays N6 billion into an interest yielding account.
However, GTB had countered the claim, saying there was no any judgement like that.

In a statement issued by Erhi Obebeduo, GTB Secretary urged the public to disregard what it termed as false, mischievous and malicious statements circulating in the news and social media in respect of a purported directive by the Supreme Court of Nigeria to the Bank to make payments to one of its debtor Customers.

‘’The Bank's Customers and the General Public are hereby kindly urged to disregard these false statements as nothing could be further from the truth. GTB said.

According to the bank, ‘’there was no directive or Order issued by the Supreme Court of Nigeria to the Bank to make any payment to any of its debtor Customers.

It also added that, the Bank as a highly responsible corporate citizen will in accordance with its culture and tradition refrain from making comments about on-going litigation matters and will continue to focus on using legal means to recover its bad debts.

‘’We again reiterate that there is no iota of truth in the falsehood being peddled by desperate and mischievous elements and the General Public should disregard same in its entirety. It said.

The question now is that, between GTB and Innosson, who is playing with public intelligence? How can there conflict in a purported judgement made by the apex court in the country?
Although, when I first read the news of the purported judgement, I felt two things:

1. I was happy that giant companies like GTB are being humbled, held accountable and made to be more responsible.

2. However, I was not sure about what the reaction of GTB would be, considering the fact that the claim of judgement didn’t emanate directly from the court. Innosson spokesman made the public announcement. I was wondering why media houses are not at the court when such a high profile judgement is being made to break the news directly.

With the denial of GTB that any such judgement had been obtained against it, it appeared something is really happening some where.

Please, can anyone explain what is happening?

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