Investors took Famzhi to Brekete Family today on Human Rights radio 101.1 FM to protest the lack of profits payment experienced since March/April this year.
Some of them, Kubwa residents, recounted their painful experiences to Isah Ahmed, the Ordinary President to Brekete family.
One investor who is a retired American Embassy staff was introduced to the scheme by his wife's friend. He was happy to invest as a means of creating a pension fund for himself since he was retired without any pension plan. He put his N500, 000 in and only got N100, 000 before profits stopped recurring even during the month of March when his wife was sick. He has received no profit since October last year.
One Woman borrowed money from her Cooperative society to invest N1.2 m
One woman invested N600, 000 and after she received N120,000 , she added more money then received no profit ever since.
Another investor boorrowed N500,000 and added to her own N300,000 and she invested it all in August 2019. Since Decenber last year she has received no profit.
Maureen Uju, who invested N1.5m only got 2 months interest of N150,000 each.
Habibat Abubakar is requesting for the return of her N2m. She started investing since 2009 and she invested N100,000 first and got paid 5 times before investing more money.
One Jikwoyi resident also invested N500,000 while Lucky Eke from Lugbe invested N500,000 November 2019.
Another investor of N1.5m got to this total amount after he rolled over profits.
One large sum investor invested N5.5m and another investor of N7m , one Ojelabi Bolaji claims to have received no profit after march 2020.
Hossanna Hosea invested N9.8m and received profits only 2 times.
One investor who came in from abroad claims he cannot go back again after his N1.5m got hooked.
The investors lamented over the decision of the Famzhi Business Management to only send voicenotes promising to pay but fails to fulfill the promise. They seem most angered because She remained incommunicado and allegedly uses security operatives to harass and intimidate investors who visit physically to ask for their money back.
Some also complained about a new dwleopment they learned of, she got some money but is only paying "big people". This assertion was however refuted by the Ordinary President who thinks believingbthat anyone is getting paid means not yet embracing the reality of the situation.
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