Some aggrieved investors in the embattled MBA Trading & Capital Investment Limited in Rivers State on Monday staged a protest at the offices of the Economic and Financial Crimes Commission (EFCC) and Central Bank of Nigeria over the delay to recoup their capital and return on investment (ROI).
The aggrieved investors have written several petitions against MBA Trading and Capital Investment Limited, a forex training and capital investment company, and its Executive Officer, Maxwell Odum, who is now at large over their inability to pay capital and ROI to investors.
The amount involved is said to be about one hundred and seventy-one billion naira (N171,128,219,041).
They displayed placards with different inscriptions such as: “Godwill Emefiele, Abdulrasheed Bawa, protect Nigerian investors”, “CBN what is the outcome of your 180 days of investigation”, and “Nigerian investors are dying as a result of their unpaid capital with MBA capital limited”.
A statement signed by the aggrieved investors read in part: “We would like to draw your attention to the fact that investors of MBA Trading & Capital Investment Limited have since the 11th of August 2021 been very eager to know the outcome of CBN investigation after getting an interim court order in a legal suit with Number FHC/PH/MIsC/35/2021, filed before the Federal High Court sitting in Port Harcourt on the 10th of February, 2021, to stop all debit transactions from MBA accounts pending the outcome of the said…