Innoson Vehicles sues Imo government over N2.5bn debt | TheCable

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Innoson Vehicle Manufacturing Company says it has filed a lawsuit against the Imo government over its failure to pay a N2.54 billion debt owed to the firm. Cornel Osigwe, head,

Innoson Vehicle Manufacturing Company says it has filed a lawsuit against the Imo government over its failure to pay a N2.54 billion debt owed to the firm.

According to the statement, in a lawsuit filed at an Nnewi high court, the company is claiming over N2.5 billion with a 10 percent interest. “For the avoidance of doubt, sometimes in April 2021, his excellency, the executive governor of Imo state, senator Hope Uzodinma, invited the chairman/CEO of Innoson Vehicles, chief Dr. Innocent Chukwuma to the Imo state Government House, Owerri, where they discussed and agreed that Innoson Vehicles would sell and supply various specifications of its brand of vehicles to the state government.”

“The special and privilege request granted to the governor turned into a nightmare for Innoson Vehicles and its chairman after Chief Chukwuma had at various times through several visits, phone calls, messages, and submission of letters requesting payment appealed to the governor and his conscience to make total payments or set up a payment plan that will offset the debt.”difficulties in fulfilling its loan repayment obligations to Keystone Bank Limited and Bank of Industry ”.

 

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innosonvehicles Hope_Uzodimma1 GovtOfImoState Good 👍

innosonvehicles Hope_Uzodimma1 GovtOfImoState Hope Uzodinma is a disgrace to Imo state.

innosonvehicles Hope_Uzodimma1 GovtOfImoState Government of yahoo yahoo,hope uzodimma,who doesn't know him before. A crook before supreme court handed him ova to Imo state.

innosonvehicles Hope_Uzodimma1 GovtOfImoState Who is not owing Inno sons😂?

innosonvehicles Hope_Uzodimma1 GovtOfImoState This is not nice! Why are our brothers this greedy

innosonvehicles Hope_Uzodimma1 GovtOfImoState Sterling_Bankng , I'm here to report a problem I'm facing at sterling bank zaria road branch kano, Those responsible for debit card refused to accept my request for debit master card, honestly speaking I'm not happy with how your incompetence staff treated me What a disgrace!!!

innosonvehicles Hope_Uzodimma1 GovtOfImoState Uzodinmma is destroying everything in our land.

innosonvehicles Hope_Uzodimma1 GovtOfImoState The state can pay it off without any hassles, why won't they just do it to encourage the man and the thousands of Nigerians that make their living from the company?

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