Florence Uwaeme
Following recent developments at MBA forex, a lot of investors have cried out over the non-payment of their Return On Investment (ROI) which has long been overdue. The company had promised to pay the ROIs before Christmas day but has defaulted, leaving investors confused about the status of their investments.
Recall that theportcitynews last week ran series of reports which indicate that the scheme has crashed and investors may never recover their money. However, the company said it had not crashed but passing through a phase.
A particular investor, Lucylight Philip made a comment on the official Facebook page of the company, detailing how she couldn’t access health care for her detoriating eyesight due to the inability of the company to pay her ROI.
She wrote “How can I have such a huge sum invested in MBA and ROI overdue, with a medical condition and can’t access any care because I can’t have access to my money. I’m loosing my sights gradually. This isn’t fair at all. Please.”
The company which has been mired in financial distress in a statement said it had shut down operations for 2020 and would resume in January 2021.
In an email to its investors, the company said “We wish to express our apologies for all inconveniences caused as a result of the delayed payments.
“We assure you that NO return or capital will be lost as we speedily work towards resolving all delays and we solicit for your patience as we work towards a better service in 2021.
” We also wish to bring to your notice that due to the holidays, our offices will be closed from the 21 day of December and will begin operation for the new year on the 5th day of January, 2021.
“Payments and validations will still be ongoing during the break”.
