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Officials of the Economic and Financial Crimes Commission (EFCC) have arrested the Chief Executive Officer of Innoson Motors, Innocent Chukwuma. The spokesperson of the company, Cornel Osigwe who confirmed the arrest disclosed that his boss was arrested at his residence in Enugu at 9:00 am on Tuesday. Osigwe said Mr. Chukwuma was arrested in connection with an ongoing case with Guarantee Trust Bank.

He lamented that it was baffling for the officials of the EFCC to arrest his boss for jumping bail when he was never invited, apprehended or arraigned by the Commission.


“His arrest is in connection to the ongoing case he has with GTBank. He was never invited by the EFCC, we challenge them to come forward with any evidence showing that he jumped bail. This is GTBank using federal authorities to persecute an illustrious citizen who has done a lot to improve the economic development of this country.”


Premiumtimes quoted the spokesperson of the Bank, Meksley Nwagbo as saying the bank has nothing to do with his arrest. The report said Innoson Group had accused GTBank of being indebted to the indigenous auto manufacturing company up to N8.5 billion in a series of damages that stemmed from illegal service deductions by the bank. An initial fraud case brought against Mr. Chukwuma was withdrawn earlier this year, it added.

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