Court Orders GTBank to Pay Innoson Boss N12bn within 14 Days

The Supreme Court of Nigeria has ordered the management of Guaranty Trust Bank to pay Innocent Chukwuma, chairman of Innoson Group a sum of N12 billion within 14 days.

In a statement released on Thursday by Cornel Osigwe, Innoson Group’s head of corporate communications, the court struck 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.

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