One of the investors, who spoke on condition of anonymity, said she made her brother who resided outside the country to invest in the scheme, not knowing that it would fail.
He said, “Leadway Assurance has an insurance relationship with Eatrich Farms by way of insurance covers for their various agric projects ranging from poultry, fishery to crop farming projects. As of today, we only have one Eatrich insurance policy currently running with Leadway which is fishery insurance for catfish. Please be informed that Eatrich Farms is using Leadway’s logo without its consent.
He said, “A lot of people invested in the company and the company has been for a while now and has paid out much money to investors; the company has infrastructure. At a point, the company was affected by some government policies.
On why the company’s office was locked, Fadipe stated that some workers who resigned from the firm vandalised its office and attacked the general managing director. Ademola, who described the situation as unfortunate, told our correspondent that all efforts he made to ensure that Afolabi paid the investors proved abortive.
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