Category: Press Statement - Page 24

Breaking News: GTB To Pay Innoson’s N14Billion Judgment Debt Into An Interest Yielding Account – Supreme Court

7Jun

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Breaking News: GTB To Pay Innoson’s N14Billion Judgment Debt Into An Interest Yielding Account – Supreme Court

Today, 7th of June 2018, The Supreme Court struck out GTBank’s motion for stay of execution of the Enugu Court of Appeal Division’s order that GTBank pays over N6 Billion into an interest yielding account at the Court of Appeal. Innoson’s legal team which was led by Prof McCarthy Mbadugha ESQ told the Supreme Court that the Judgment debt which arose from excess and unlawful charges which GTB took from Innoson’s account now stood at over N14billion. The Supreme Court decision follows GTBanks motion for stay of execution at the Supreme Court when the Court of Appeal Enugu Division ruled on 9th Dec, 2014 that the appellant (GTB) is hereby ordered to pay the sum of Five Billion, Nine Hundred and thirty Six Million, One Hundred and Twenty Six Thousand, Two Hundred and Nineteen Naira, One K...

Nigeria: PDP To Buhari – Not Too Young To Run is PDP Initiative

The Peoples Democratic Party (PDP) lampoons President Muhammadu Buhari and the All Progressives Congress (APC) for attempting to parade themselves as the architects of the ‘Not Too Young to Run Act, which was sponsored and pursued by the PDP members in the National Assembly and state houses of assembly. President Buhari had no input whatsoever in the bill; never showed any support or enthusiasm towards the initiative but had no option than to perform a mandatory statutory duty of assenting to the bill, given that it had already passed through the constitutionally required approval of two-third of states in the federation. This development is indeed a democratic victory for the Nigerian youths over forces, particularly, the All Progressives Congress (APC), that had hitherto disdained ...

Biafra: Another Successful Quasi Referendum – Evang. Elliot

Again, our people have spoken with one voice in completely paralyzing our region by staying at home yesterday in demonstration to the world, where we stand. Despite intimidations, harassment and threats from certain quarters, our people resolutely stayed indoors yesterday. We commend our people, for standing on the truth. This is particularly interesting, because, in spite of the spirited effort by government apparatchik to pervert the truth through inducement and blackmail. We congratulate the people of Eastern Nigeria. Government owned media reports hundred percent compliance in Aba, Nnewi, Onitsha, etc and over 70% compliance in other areas, the people have spoken. One year ago, after another successful sit at home, some people issued quit notice, mounted pressure, which led to un...