Innoson Motors said it would move to the headquarters of Guaranty Trust Bank in Lagos to effect the judgement of courts that awarded it an estimated N8.8billion.
The company’s spokesman Cornell Osigwe said this in an interview with Daily Trust on Saturday.
Already, Innoson’s agents had sealed seven branches of the bank in Awka and Enugu and plans to take further action by sealing the head office of the top flight bank.
“From next week, we shall move to GTB head office to enforce the judgement of courts. We will sell those properties to get our money back”, Osigwe said.
GTB Plc has claimed that the judgement Innoson is executing was not against it but a customer of the bank, Nigerian Customs and Excise Board.
In a statement, the bank’s secretary, Eric Obebeduo said the garnishee order in question arose from a judgment of the Federal High Court, Ibadan, Oyo State.