A well known industrialist Chief Innocent Chukwuma popularly known by his company’s name, INNOSON, has been arrested by the Economic and Financial Crimes Commission, EFCC . He was picked up at about 11am at his Savage Crescent , GRA Enugu residence today Tuesday December 19, 2017.
His arrest followed hisrefusal to honour invitation by the Commission having earlier jumped an administrative bail granted him in a case being investigated by the Capital Market and Insurance Fraud Unit of the Commission’s Lagos office.
Chukwuma rather than honoring invitation by the EFCC, mobilized six truck loads of thugs pretending to be staff of his company to his residence, where they manhandled EFCC operatives.
It took reinforcement from the Enugu office of the EFCC to effect the arrest of the industrialist who is currently being grilled by a team of investigators
Oil Prices Rally as the Geopolitical Risk Premium Rebuilds
Light crude oil futures rose for the week, closing Thursday at $63.52, up $1.54 or +2.48% from last Friday’s close, as geopolitical tensions, bullish inventory data, and renewed demand optimism drove a shift in market sentiment. The recovery followed two weeks of selling pressure and marked a return of bullish interest as supply-side risks reentered…
August 22, 2025 • News
