Business

HOW MBA FOREX INVESTORS STAGED PROTEST TO ELEKAHIA PARAMOUNT RULER

MAXWELL ODUM AN INDIGENE OF ELEKAHIA DEFRAUDED NIGERIANS BILLIONS OF NAIRA


BY ERIC OLUSESAN 


Some investors of the now  failed foreign exchange trading company in Port Harcourt, Rivers State, MBA forex and trading company on Wednesday, protested against  the chief executive officer of the firm, Maxwell Odum, over his failure to pay them their dividends or return their capital after one year of investment.The Victims of MBA forex threatened to dump the corpse of any investor that died from frustration over the collapse of the scheme at the doorstep of the founder’s family house.

The group who staged a protest to the palace of the Paramount Ruler of Elekahia community, delivered a protest letter to the traditional ruler and sought his immediate intervention.
Speaking to the media , the Chairman of the group, Christian Agadaga, asked the traditional ruler to summon Odum, owner of the NBA Forex Trading and Capital Investment Limited.
In his words, he said, “Nigerians from all walks of life are disgruntled; some have died out of frustration, some are in deep pain and hospitalised because Maxwell Odum, an indigene of Elekahia community, defrauded Nigerians of billions of naira.

“We also use this opportunity to call on the President of the Federal Republic of Nigeria, Muhammadu Buhari, to shift a little focus on financial banditry, because Maxwell Odum is a financial terrorist and a bandit. He should be fished out. He (Odum) cannot be smarter than Nigeria.
“We are calling on the President to mandate the Inspector-General of Police, Usman Baba Alkali, to fish out Maxwell Odum.

In his address to the Traditional ruler, the Chairman of Rivers State civil societies, Enefaa Georgewill said,  “For us as civil society organisations, we appreciate the fact that the paramount ruler will hear from all sides; we know that his royal highness will live above board by not taking sides with his kinsmen and subjects,” Georgewill added.
Responding, the Paramount Ruler, Elekahia community, Anthony Akarolo, thanked the group for their peaceful conduct, he promised to immediately investigate the claims and intervene.
He said, “This is a very serious matter and I won’t allow it to lie low; I am going to approach the parents and the boy himself to know how he came about all this.
“But I want you to apply diplomacy in what you do so that at the end of the day, you’ll get good results. But if you are violent, everything will go wrong.”

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