On Thursday, Justice Taofiquat Oyekan-Abdullahi ordered them to pay nearly N19billion to the victims of their alleged ponzi scheme.
The company ran lending service to small and medium businesses, offering 22 percent as interest on loans received and 10 percent returns to investors. In a suit marked LD/579CM/2021, they sought several declarations and orders against the couple and the companies. But Justice Abdullahi-Oyekan dismissed the objections and granted all the declarations and orders sought by the investors.
I unreservedly thank my Lord, Justice Abdullahi Oyekan for this landmark judgment against Ponzi schemes. I wish that those who have been defrauded by Octafx should approach the court for redress. The law must take it's course in Nigeria.
They should pay the people their money oh. Thank God for the court judgement
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Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Source: THISDAY LIVE - 🏆 14. / 51 Read more »