• Contact Us
  • About Us
Wednesday, June 18, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Malami denies knowledge of Innoson’s arrest

metro by metro
December 22, 2017
in News
0
0
SHARES
0
VIEWS

Abubakar MalamiAbubakar Malami, the Minister of Justice and Attorney-General of the Federation, on Thursday denied knowledge of the circumstances that led to Tuesday’s arrest and detention  of vehicle manufacturer, Chief Innocent Chukwuma, a.k.a Innoson.

The industrialist was  whisked off his Enugu residence by the operatives of the Economic and Financial Crimes Commission (EFCC) and detained on an alleged directive from Malami’s office.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

However, the minister while responding to the controversy during a news briefing at State House, denied knowledge of what led to the incident. He said he has not been briefed by the EFCC.

Malami said  that he was aware of the court  case involving the indigenous vehicle manufacturer and the GT Bank.

““In all sincerity, I was not privy to the fact that led to the stated arrest.

“”I have not been formally briefed by the relevant agencies.

“But one thing I know about Innoson, I know of the fact that there is  a pending case between him and GT Bank, which is pending in a court and is being prosecuted accordingly.

“”Other than that I am not privy to the fact and circumstances that led to his alleged arrest yesterday (Wednesday).

“”So, until I am briefed by the relevant agencies, I am not in a clear position to make any disclosure relating (to) that; thank you’’

The arrest of Chukwuma had stirred controversy in the country, leading to criticisms by other industrialists, the Senate as well as members of the public on the motives behind it.

Although the industrialist was said to have been released on bail by EFCC, he was said to have demanded an explanation from the organisation on  why its men came to pick him up from his house like a criminal.

It was alleged that Chukwuma and GT Bank had issues with bank deductions on the loan that he took from it to transact his business.

According to a narrative by Chukwuma,  when the matter went to the court, it was settled his favour at the lower and appellate courts. He claimed GTBank was not happy about the decision and accused him of fraud. The EFCC acted on the  petition.

Malami was allegedly involved in the matter when he revived the fraud case earlier withdrawn, without notifying the business mogul.

Consequent upon this, EFCC went to effect Chukwuma’s arrest.

Chukwuma is the Chief Executive Officer of Innoson Group of Companies, manufacturers of  cars, SUVs and luxury buses, branded in the company’s name and  widely used by chief executives and commercial operators.

Tags: Innocent ChukwumaMalami
Previous Post

FG will reduce borrowing cost – DMO

Next Post

Alleged N69bn fraud: EFCC arrests finance chief of Goodluck Jonathan’s campaign

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

Alleged N69bn fraud: EFCC arrests finance chief of Goodluck Jonathan’s campaign

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version