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Innoson CEO, Innocent Chukwuma, to be Arrested

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  • Innoson CEO, Innocent Chukwuma, to be Arrested

A Lagos high court on Monday issued a bench warrant for the arrest of Innocent Chukwuma, the Chief Executive Office of Innoson Nigeria Ltd, and two others, over fraud allegations.

Justice Ayokunle Faji, who presided over the case, orders Chukwuma and the other two people involved to be produced in court without delay.

Last week, the Federal Government had urged the court to issue a bench warrant against the CEO and his employees over their failure to appear in court.

That was after the Nigerian Police Force had charged them for N2.4 billion shipping fraud.

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20 years of experience in global financial markets. Olukoya is a published contributor to Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, InvestorPlace, and other leading financial platforms. He is widely recognized for his in-depth market analysis, macroeconomic insights, and commitment to financial literacy across emerging economies.

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