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MBA Forex investors stage another protest in P’Harcourt, threaten to dump victims’ corpses in CEO’s family house

Again, victims of a failed foreign exchange trading company in Port Harcourt, Rivers State, MBA Forex have protested against the failure of the chief executive officer of the firm, Maxwell Odum, to pay them their dividends or return their capital one year after they  invested into the scheme.

This is even as they have  threatened to dump the corpse of any investor that dies due to frustration over the collapse of the scheme at the doorstep of the founder’s family house in Elekahia community of Port Harcourt City Local Government Area.

The victims, who took their protest to the palace of the Paramount Ruler of Elekahia community, Chief Anthony Akarolo delivered a protest letter seeking his intervention.

Speaking to journalists outside the palace, leader of the protesting investors, Christian Agadaga, urged the traditional ruler to summon Odum, owner of the MBA Forex Trading and Capital Investment Limited over the matter.

Agadaga 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.

“As investors, we have also made a decision that henceforth, any person that dies as a result of NBA forex fraud, we will liaise with the family of that victim and take the dead body to the house of Maxwell Odum in Elekahia.

“We know that it will be shameful, but he has caused us more shame; we are not backing out no matter how long it takes for us to get back our money.”

On his part, Chairmanm of Rivers State Civil Society Organisations, Comrade Enefaa Georgewill, urged the traditional ruler to rise above sentiments and ensure justice is done in the matter.

“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, Chief Anthony Akarolo, thanked the group for their peaceful conduct, even as he promised to investigate the claims and intervene.

“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,” he said.

PHSpectator reports that the company, located along the  Port Harcourt-Aba expressway  had been shut since December 2020.

Also, during a previous protest by aggrieved investors last year, Odum, in an audio message, assured that he would refund their money, saying the company was going through some challenges, but nothing has been heard from him since then.

This publication also reports that the aggrieved investors had embarked on several protests even in Abuja calling on the government and the Economic and Financial Crimes Commission (EFCC) to intervene.

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