Sunday, August 18, 2013

NOSPETCO LIQUIDATION PROCESS ON COURSE - NOSPETCO INVESTORS FORUM CHAIRMAN

Comrade Kenny Rowland
Last week (August 6th 2013), I had a brief discussion with the Chairman, Nospetco Investor forum, Comrade Badejo Kenny Rowland with an executive trustee of the forum, Mr. George Ushie on the way forward for Nospetco investors, the liquidation process and the journey so far in assisting investors recover their invested funds with NOSPETCO Joint Ventures Services Unit.

According to him the liquidation process is still on course though it suffered so many mishaps mainly due to lack of accountability from the former chairman and legal team of the investor forum, the former chairman (Mr. Emmanuel Olorounibe Matiluko) and the former Lawyer for the forum (Mr Debo Adeleke) are accused of deliberately scuttling the efforts of the other team members by constantly putting barriers in the way of resolving the issues with NOSPETCO, Security and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN).