Foreign investor Taiwanese Ivy Hung, cries out to President Bola Tinubu to rescue her over alleged $1.1m fraud
Foreign investor Taiwanese Ivy Hung, cries out to President Bola Tinubu to rescue her over alleged $1.1m fraud
Foreign investor Taiwanese Ivy Hung, cries out to President Bola Tinubu to rescue her over alleged $1.1m fraud
A foreign investor in Nigeria, Taiwanese Ivy Hung, has cried out to President Bola Tinubu to rescue her by interveningin an alleged $1.1m fraud perpetrated against her company, Polleen Cooperation by one Mr. Chiedu Christian Nwosu.
The Taiwanese investor lamented that all attempts to bring Mr. Nwosu to justice over the $1,164,646 fraud has proved abortive as operatives of the Economic and Financial Crimes Commission, EFCC, the Department of State Security, DSS and the Police “have all been obviously compromised.”
“Do you know at a time when we invited the DSS , I even went to beg the perm sec of NSA (National Security Adviser), he kept telling me he talked to DSS DG or Director, none of them moved, they kept telling him that they were busy arresting Emefiele.”
The Taiwanese pleaded with the Federal Government of Nigeria to protect the human rights of foreign investors in the country to avoid being discouraged from investing more.
Ivy Hung said her company had between 2006 to 2017 supplied goods to Sahara Tooling Ltd, owned by Mr Chiedu Christian Nwosu, and his wife, Mrs. May Ifeanychukwu Nwosu, but they refused to pay back the amount being $1,164,646.She described Polleen Cooperation as an experienced investor company from Taiwan, based in Nigeria for many years, doing business and supporting the federal government’s quest for direct foreign investment.
Narrating her ordeal to Journalists in Abuja, she said: “Sahara Tooling Ltd, a company registered with No. 5 Winning Street, Asaba, Delta with RC Number: 1232007, a joint venture company owned by Nwosu and his wife, Mrs May Ifeanychukwu Nwosu, a medical nurse at the Nnamdi Azikiwe University Teaching Hospital, Nnewi, Anambra state, received goods from our company, Polleen Corporation, on credit basis.
“After they sold the shipment, they refused to pay us the money for the products. Instead, Mr Chiedu and his wife, May diverted the money to personal use by investing some of the money into a transport company, African Eagle Multi-Transport Services Limited”.
The Taiwanese investor said they had in mid 2017 petitioned the Economic and Financial Crimes Commission, EFCC after which Mr Nwosu was apprehended for allegedly defrauding their company, Polleen Cooperation, to the tune of, USD $1,164,646 but was later let off the hook.She wondered why the EFCC let him off the hook, alleging that the operatives had been compromised.
“Everybody has been compromised. The issue is racial discrimination we have in this country”.
” This took place under the Buhari’s regime. I know there is a new government under Tinubu and we have a new EFCC chairman now. We even have a new NSA.”
I am a foreigner, I wanted to see Ribadu, do you know how much people around him asked for? Five million naira.”
Last week we went to EFCC and asked for us to see our original cheque. You need to see how they embarrassed us”
All these Nigeria big men, because you are once a DIG or AIG you use your power to mount pressure on the IPO, you just didn’t want him to do justice” the Taiwanese investor lamented.
