Court Orders Arrest Of Innoson Motors CEO In Case Against GTBank

A Federal High Court sitting in Lagos has issued a bench warrant for the arrest of the Chief Executive Officer (CEO) of Innoson Nigeria Ltd, Innocent Chukwuma.

The warrant was issued by judge, Ayokunle Faji on Monday, June 24 citing Chukwuma’s failure to appear before him over an alleged N2.4 billion fraud case.

Faji also ordered the arrest of two of Chukwuma’s employees.

The Innoson CEO is being prosecuted alongside Charles Chukwuma, Maximian Chukwura, Mitsui Osk Lines (MOL), a shipping company and Anajekwu Sunny.

The defendants had been charged to court for their alleged role in conspiring to unlawfully falsify shipping clearance documents.

They were accused of presenting the falsified shipping documents as collateral to Guaranty Trust Bank Plc to obtain a loan of N2.4 billion.

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