DAILY FILE – Depositors have embarked on panic withdrawals as Innoson motors Nigeria Limited says it has sealed seven branches of Guaranty Trust Bank, GTB to recover it’s N8.8 billions.
Our correspondents who visited some GTbank branches in Kaduna, Abuja heard customers discussing over the fear of their deposits as many considered withdrawing next week.
The spoke person for Innosson Motors,Mr. Cornell Osigwe who spoke in Nnewi on Saturday said the company had sealed seven of GTB bank branches,one in Nnewi,two in Onitsha,two in Awka and two in Enugu and would move to seal the GTB Head office next week.
According to him, Innosson will seal more of GTB bank branches nationwide to recover the N8.8 billions owed to the motor company.
“We will seal more of their properties to recover our money and from next week,we shall move to GTB head office to enforce the judgement of courts .We will sale those properties to get our money back”he said.
Recalled that in a statement, on Friday, Innoson said it has obtained a court order to take control of Guaranty Trust GTB over indebtedness of N8.8 billions.
However, GTB bank has refuted the claim saying that the judgment was against the account of the Nigerian Customs and Excise Board domiciled with GTBank, and not against GTBank as an entity.
Cornel Osigwe had in a statement said the company has obtained a writ of Fi fa from the Federal High Court sitting in Awka, Anambra State, against Guaranty Trust Bank( GTB) to take over the bank’s properties.
According to him, the judgement was to implement the judgment given by Supreme of Nigeria earlier.
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