Litigations hampering our operations – Innoson Motors

The Innoson Vehicle Manufacturing Company (IVM) has said that litigations against the company and its management are hampering its plans to upgrade from manual to automated production.


Addressing newsmen in Lagos, the company’s Head of Corporate Communications, Mr. Cornel Osigwe, said the recent suit filed by the Economic and Financial Crimes Commission (EFCC) at a Lagos High Court is distracting its upgrade from 10,000 cars production capacity annually to 60,000.

Osigwe, who explained the reason for the absence of Dr. Innocent Chukwuma, the Chairman of IVM, from the court, said workers of the company are in fear of being harassed.


Recall that Justice Mojisola Dada of the Ikeja Special Offences Court had, last week, declared Chukwuma wanted for failing to appear before the court for an arraignment over a four-count charge of conspiracy to obtain property by false pretense, obtaining property by false pretenses, stealing and forgery preferred against him by the EFCC.

Osigwe said: “Innoson is contesting that the Lagos High court has no jurisdiction to entertain the suit and not afraid of arraignment or running away from the court. He is saying that he must be arraigned through due process of the law.”