Ovaioza Umu Yinusa, the founder of Ovaioza Farm Produce Storage Business (OFPSB) has apologised to investors.
Recall that the Security and Exchange Commission, SEC had frozen the company’s accounts for running an illegal financial investment scheme following a petition by a lawyer, Azubuike Ihemeje.
However, Yinusa had claimed after the company’s accounts restrictions that she was not owing any of her investors. Several persons who made deposits into the business disputed her claims. She subsequently deactivated her verified Facebook page and went incommunicado.
Yinusa who reappeared on Friday after 1 week of speculations, told her investors that she was ignorant of the legal requirements to operate such a business.
In a long apology letter, she said “It is rather unfortunate that we are at this point in what had been a seamless partnership, built on mutual trust, cooperation,and collective best interests. However, this is also one time we must, as partners and stakeholders in this business, hold our hands together, as we wade through this storm, believing strongly that we will come out victorious.
“I want to assure everyone of my partners of my commitment to resolving all of these as soon as I possibly can so everyone will be settled.
“It is necessary I state here that I am only a trader, involved in the simple buying and selling of farm produce. I had started this buying and selling from the scratch, without any…
