Retired NAN staff petitions police over N30.2 M fraud by funds managers

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By Moses Omorogieva

A retired staff of the News Agency of Nigeria (NAN) Mr Ayankola Ayanlakin has petitioned the Police over alleged N30.2 million fraud against Mr Teniola Adesanya, Chairman, Oxford International Group (funds managers).

A copy of the petition signed by E.A. Medupin a solicitor, was made available to NAN in Lagos.

The petition, which mentioned six members of the family and friends as victims of the fraud, noted that the organisation had gone underground but now being acted for by Gavel Mavericks (Solicitors).

According to the petition, the clients mentioned, through fraudulent advertisement approached the company, Oxford International Group, to invest in their proposal as funds managers.

“Unfortunately, no sooner than they had put their funds into the company, they realised that they had played into the hands of fraudsters.

“As evidence of the said investment, the petitioned issued post dated cheques in various sums to our clients as their return on investment to be paid on the due dates but unfortunately, they were all returned unpaid as their cheques were dishonoured by the paying banks.

“It will interest you to note that since the post dated cheques were returned unpaid, Mr Teniola Adesanya and his cohorts had gone underground, folded up the Oxford International Group, but operates under the hidden face of Gravel Mavericks Solicitors,” it noted.

The petition also called on the Commissioner of Police, Lagos State Command, Mr Idowu Owohunwa, to arrest, investigate and prosecute the petitioned for allegedly obtaining their money under misrepresentation.

Efforts to reach the petitioned, Adesanya, through his two numbers: 09038129393, 2347049000015 for reaction to the petition were unsuccessful.

NAN

Ibrahim Abusadiq

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