• Police charges Innoson over alleged N2.4bn shipping fraud

    Police charges Innoson over alleged N2.4bn shipping fraud

    It was gathered that the Inspector-General of Police, Mr. Ibrahim Idris, has filed four counts of alleged N2.4bn shipping fraud against Innoson Nigeria Limited before a Federal High Court in Lagos.

    The charge marked FHC/L/565c/16 filed before Justice Saliu Saidu has five others as defendants.

    They are Innocent Chukwuma, Charles Chukwu, Maximian Chukwura, Mitsui Osk Lines and Anajekwu Sunny.

    The police accused the defendants of conspiring among themselves to unlawfully falsify shipping clearance documents.

    They were accused of uttering the allegedly falsified shipping documents […]

  • We didn’t shut down, sack workers – Innoson

    We didn’t shut down, sack workers – Innoson

    Innoson Vehicle Manufacturing Company Limited (IVM), one of Nigeria’s auto manufacturing outfits, has said it was still producing vehicles with full complement of its workers, and had not shut its plant in Nnewi, as reported recently in various sections of the media.

    This was contained in a statement the management of the company issued yesterday in reaction to the publications which purported that the plant had laid-off worker and shut down production over FOREX crises.

    Explaining, however, that IVM, like many other […]