EFCC releases Innoson,accuses him of fraud December 21,2017

EFCC releases Innoson, accuses him of fraud  December 21, 2017The Senate Committee on Financial Crime and Anti-Corruption, on Wednesday, quoted the Acting Chairman of the Economic and Financial Crime Commission, Ibrahim Magu, over the arrest of the Chairman / Managing Director of Innoson Vehicle Manufacturing, Chief Innocent Chukwuma. magu, who appeared before the committee to defend the EFCC's proposed budget for 2018, which is questioned behind closed doors for about 30 minutes. Stepping out of the venue, the EFCC's Chukwuma was arrested by the anti-graft agency. he, however, declined to make further comments, promising that the commission would release a statement on the matter soon. The EFCC later released Chukwuma on bail but accused him and his brother, Charles, of alleged involvement in a N 1. 4bn fraud. earlier on Wednesday, members of the Senate took turns to criticize the EFCC for the Manifestation on Tuesday in Enugu. The lawmakers accused EFCC of highhandedness and adopting military approach in the execution of its duties. they therefore mandated the Senate Committee on Financial Crime and Anti-Corruption to investigate the matter and report back to the chamber on Thursday. by Senator Monsurat Sunmonu, which was seconded by Senator Oluremi Tinubu, that the Committee on Women Affairs should investigate the alleged assault on Chwukuma's wife by the EFCC Operatives. the lawmakers added the task to the terms of reference of the sample panel.Operatives of the EFCC had stormed Chukwuma's home at Savage Crescent in the GRA area of ​​Enugu on Tuesday, during which some of the senators were assaulted before the businessman was arrested forcefully. the EFCC Operatives, who were said to be heavily armed policemen, stormed the building around 7. 30am. at the plenary on Wednesday, the Deputy Senate President, Ike Ekweremadu, raises a point of order to criticize the EFCC for the arrest, which is based on him, is a private matter between a bank and his customer. "If we reduce our security agencies to debt recovery, then we are doomed as a nation," he stated. Ekweremadu added, "I like to seek your indulgence to raise the matter of Mr. Innocent Chukwuma, who we call 'Innoson', by the EFCC over a matter between Mr. Chukwuma and the Guaranty Trust Bank. " The Senate President said, "Yesterday, I got a number of messages that Mr. Innocent Chukwuma was arrested by the EFCC. "This morning, I made an effort and I spoke with him. His story is straight forward: he said he was at his house at 5am on Tuesday when he heard gun shots and he thought they were assassin and he went into hiding. "After about two hours, he saw some people and policemen, and he thought that help had come. So, he came out of his hiding and ran to a policeman who promptly arrested him. he tried to find out what his offense what they said to him when they got to the station, they would inform him of the offense. As of today, nobody has told him what the offense is. "Any person, who is arrested and detained, should be informed of the reason for the arrest. I speak, Mr. Innoson Chukwuma has yet to be informed of what he is saying about the arrest or detention. "As a lawyer, I'm at a loss on how a transaction between someone and his bank wants to concern the EFCC. " ekweremadu described Chukwuma as one of the greatest industrialists in Nigeria and who has employed over 5, 000 people. He decried that such a man could be "bundled like a common criminal over a transaction between him and his bank." Senator Emmanuel Bwacha said that if truly Chukwuma's wife was slapped by the EFCC as Senator Enyinnaya Abaribe had been told, "someone must be held to account; he must be prosecuted. " the Deputy Senate President added that the Innoson case was filed with the Federal Court of Appeal, at which time the case was pending at the Supreme Court. Speaking on the matter, Senator Barnabas Gemade said he would speak from the angle of "misuse of power and authority" by the EFCC. He said bankers were feeding fat "like parasites" on the country's economy. Mentioned that the EFCC would not have taken the step if a "cooked-up" report to the commission, "with specific inducement to go and deal with this one. " So, the Deputy Majority Leader, Senator Bala Na'Allah, said there were issues that made the country fall civic standards. " The Senate President, Bukola Saraki, in his remarks, said those who spoke on the matter raised important issues. he said, "I think this is not good for the country. How would a private commercial transaction become the focus of the EFCC? I think this is the area where our focus should be. "Whether he owes (the bank) or not, we must be to protect the rights of individuals. i do not think you have heard about the financial crisis in the affairs of Citibank and Ford's Motors, or the financial crisis in the United States. Barclay's Bank and a customer. "Honestly, we are just making a mockery of ourselves and we really need to be able to do the right things. " Meanwhile, the Innoson Group, on Wednesday, said the EFCC has given the anti-graft agency the arrest of Chukwuma. The EFCC had explained that Chukwuma's arrest followed his refusal to honor an invitation by the commission, having earlier jumped at an administrative bail granted him by the Capital Market and Insurance Fraud Unit of the Lagos office. " the anti - graft agency added Chukwuma brought six truck - loads of thugs, who manhandled its operations when they moved to arrest him. Reacting to the development, Innoson group, in a statement signed by the head, Corporate Communications, Cornel Osigwe, said the anti-corruption commission song in the reason it gave as well as in the account of what transpired during the incident. innoson group said Chukwuma was never invited by the EFCC. Meanwhile, the EFCC has released Chukwuma but accused him and his brother, Charles, of perpetrating fraud on the tune of N 1. 4bn. The commission said in a late tweet on Wednesday. according to the anti - graft agency, the brothers allegedly forged documents to secure tax waivers. The tweet read, "The EFCC has released Chief Innocent Chukwuma, CEO of INNOSON on bail. chukwuma and his brother, Charles (who is at large) are being investigated by EFCC's Capital Market and Insurance Fraud Section for N 1, 478, 366, 859. 66 fraud. He allegedly forged documents to secure tax waivers. "