MBA forex investors protest in Port Harcourt

0
265

Angry investors of the now crashed MBA trading and capital investment have protested to the Port Harcourt zonal office of the Economic and Financial Crimes Commission, EFCC, over the withholding of their funds running into billions by the company.

The embattled company crashed in November 2020 after what sources termed “insolvency of the business model” and financial irresponsibility of the management.

The company founded by Maxwell Odum left thousands of investors penniless.

In December 2020, the Central Bank of Nigeria, CBN filled an exparte motion at a Federal High Court sitting in Port Harcourt court for a PND on over 38 account numbers belonging to the company.