Chidi Samuel || The chief executive officer of Innoson Group, Innocent Chukwuma, arrested Tuesday by the Economic and Financial Crime Commission, EFCC, under controversial circumstances at his Enugu office is believed to have rejected his release from the custody of the Economic and Financial Crimes Commission (EFCC).
Innoson Group said the billionaire businessman rejected the bail on the grounds that he had not been made to know the reason for his arrest.
The Group in its official handle @Innosonmotors said that its CEO has rejected the bail on the grounds that he is yet to be briefed on the reasons for his arrest.
Innoson Vehicles tweeted, “Innoson has refused his release because he is demanding to know the reason for his arrest”.
The EFFC had earlier on Wednesday announced that it had released the Enugu based businessman on bail following criticisms from many Nigerian and the upper chamber of the national assembly over the manner and reasons for his arrest.
While announcing his bail earlier, the EFCC had alleged that Chukwuma and his brother committed fraud and forgery.
“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 commission had said in a statement.
“The industrialist, among other infractions, allegedly used forged documents to secure tax waivers.”