INNOSON goes for contempt charges against GTB MD

Daily Times has been reliably informed that the management of Innoson Nigeria Limited has concluded plans to press contempt charges against the Managing Director of Guaranty Trust Bank (GTB) Segun Agabje for resisting it from sealing a branch of the bank in Ogui, Enugu.

On Monday, attempt by Innoson officials to seal the Ogui road branch of GTB was resisted by the branch manager who prevented Innoson fom executing the seal order.

The manager of GTB Ogui road branch told Innoson lawyers and security men that they should not seal the bank, and argued that the order the court gave was execution order to pay Innoson its money but not to seal the bank.

“The court did not tell you to seal our bank, what they gave was an execution order to pay him his money. If they gave you order to seal it let us see the paper from court which orders you to do so.

“We are not above the law. Everybody knows that Supreme Court is the apex court in the land, once they say it that’s final, but we have not seen the paper from the Supreme Court that gave the order, and until we see that, we will not allow you to seal our bank.” the branch manager said.

But a source who did not want to be named said arrangements have been concluded and that the company is ready to commence contempt charges against the Managing Director of the bank, Segun Agbaje in his personal capacity as the bank is now the asset of Innoson.