Following the revelation that Nigerian car manufacturing company, Innoson Motors, is set to take over Guaranty trust bank, Nigerians have taken to their Twitter handle to react.
The car manufacturing company has obtained a writ of Fifa from the Federal High Court in Awka, Anambra State, GTB to take over the banks assets over a controversial debt of over N8b.
Reactions:
https://twitter.com/TosinOlugbenga/status/1111694377116684289
Lol… @gtbank pay na before Dem start to send bdc say make we withdraw our money…
— OLURANKINSE OLUMIDE (@pamsnod) March 29, 2019
At long last…. What will be the outcome of the customers
— Ogene Osas (@OsasOgene) March 29, 2019
Gtb…. I use God beg una o
— #BetterNigeria #RestructureNow (@DonPEKA) March 29, 2019
So Innoson Motors now owns GTB
— Vote Out APC & Buhari (@C_Oranye) March 29, 2019
A bank that made over N183b as its profit after tax in 2018 financial year cannot be taken over for a debt of N8b unless the directors allow such to happen.