EFCC Releases Boss of Innoson Motors on Bail

The Economic and Financial Crimes Commission has released Nnewi, Anambra-state born industrialist, Chief Innocent Chukwuma on bail.
The businessman, who runs a local auto assembly plant, Innoson Motors, was arrested on Tuesday morning at his Enugu residence, following his alleged refusal to respond to invitations by the Commission.
In a statement by Wilson Uwujaren, Head, Media & Publicity of EFCC, late Wednesday, Chukwuma was said to have initially been granted administrative bail by the commission, but when requested for another session with the anti-graft agency, he refused while his surety could also not be found.
The EFCC had said that the industrialist resisted arrest and stirred controversy by bringing six truck-loads of thugs to block the entrance to his Plot W1, Industrial Layout, Abakaliki Road, Emeni, Enugu.
“This was after he initially misled the police command by informing them that his home had been invaded by armed robbers and kidnappers despite the fact that operatives of the commission duly identified themselves to policemen guarding his home.
“His unruly thugs encircled and manhandled operatives of the commission who had gone to effect the arrest. Consequently, a distress call was sent to the commission’s Enugu office for reinforcement.
“In all of this, the commission’s operatives acted with decorum and civility. No one was manhandled or assaulted by the EFCC team, and not a single shot was fired, despite the provocation, ” the statement said.
Chief Chukwuma and his brother, Charles Chukwuma (who is still at large), are being investigated by the Insurance and Capital Market Fraud Section of the commission’s office in Lagos over matters bordering on N1,478,366,859.66 fraud and forgery.
The industrialist, among other infractions, allegedly used forged documents to secure tax waivers, the Commission said.

Author: News Editor

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