From Ujah Simon, Kaduna
The Founder and managing director of the Famhzi Agro investment company has been invited by the Department of State Security, DSS, Abuja office for interrogation.
Insider source who confided on our reporter said that Haj. Maryam who was invited few days ago by the DSS for alleged protection against threat was yet to return back to the company till date.
But sources fro’m DSS office said she was allegedly invited for interrogation over offences related to non payment of profits and capitals to about 11000 people who Invested in the company for several months which attracted alot of threats, attacks and harassment of the company’s staff.
Investigation revealed that most of those who invested in the company are vulnerable Nigerians especially widows, women and retirees, have been itching to collect their profits and capitals in vain.
Recently, a pregnant woman who invested heavily in the company, allegedly slumped in the premises because of shocked for inability access her profits and capital for months, according to eye witness co -investors who also attributed the incident to hunger. Over the years, millions of naira have been invested as capital in the company located at No.15, Zone B, Madaki Lane, Byazin in kubwa, Abuja.
The Management blamed their failure on low business activities during COVID-19 lockdown, and had secured Mobile Policemen protection due staffs harassment and threat by aggrieved investors coming to seeks for payment of their money trapped in the company.
Eyewitness said the man who attempted suicide later transfered his anger on the company’s properties and severly destroyed several of them openly.
Findings also revealed that the company collected millions of money as capital from vulnerable investors through persuasion and promised them fantastic monthly percentage but failed to complied.
Our correpondent who is a star witness reported that tensions was high as none of the top management staffs could longer found in office to speak to journalists due to threats by angry investors hovering the premises, when visited the office.
A company flier obtained stated that “Monthly investments attracts 20% plus your original capital, less than 20% in the fourth months which is retained as registration fees. We also gives investors the benefit of collecting their rewards in livestock”, it stated, among others.Insider sources said the 20% profits later dropped to 10% between December 2019 and February 2020, even before the COVID-19 lockdown, adding that the company stop payment completely since March hitherto.
The bubble bursted when the promise to pay Investors profits from April failed to materialized severally, making Investors to believe that the company was using delay tactics.A woman who introduced herself as widow also vent her anger openly on a staff, and was recorded under- cover, threatened to spack surprise returned back without seen the MD or the HOD for her money, saying she’s a widow and had invested millions but could not be paid her profit and capital, and left in starvation and hunger.
