Crime Watch

‘You Will Make Enough Money’- Farm Funds Africa Tries to Bribe FIJ Reporter Despite Owing Investors Over N100m

Advertisement
Advertisement

An equity partner of Farm Funds Africa, an investment scheme that has failed to pay Returns on Investment (RoI) since December 2020, threatened an FIJ reporter and attempted to bribe him.

 

 

In a conference call on Saturday, an equity partner of the company, who refused to disclose his identity, threatened the reporter with arrests and sanctions from the Nigerian Union of Journalists (NUJ).

 

Earlier, FIJ had reported how the company amassed a debt of over N100 million and kept promising investors that equity partners were coming to revive the business in January.

 

In February, investors received another email saying the partners had not arrived and might come in a few weeks’ time.

 

When our FIJ reporter asked Dorcas Omamuli, the company’s founder, why the company kept making promises, and if it was a smokescreen, she told this reporter that “All these analyses are not my headache”.

 

Moments after, she started the conference call with a strange partner, who told this reporter, “By the time I get to Lagos, I will ask you to invite me to your office so you will know who you are dealing with. Do you know how much money I have?”

 

He threatened to report FIJ reporter to Chris Isiguzo, the NUJ President, to have him suspended and accused him of terrorism.

 

“I just called you to the place you belong. Do you know what I will do? I am going to specially report you to Chris [Isiguzo]. I will get your number now; they should suspend you. You are becoming a source of terrorism,” the partner said.

 

Maintaining the hostility, he asked the reporter, “Do you know you can be picked up?”

 

However, moments before ending the call, he offered the reporter a bribe if he would be “constructive” with his reports.

 

He said, “If it is money you want when the time comes, be constructive. You will still work for this company you are fighting now. You will make enough money you have ever seen in your life”.

 

Back in December, when FIJ spoke with Omamuli, she said she was aware her company had breached contractual agreements with its investors, but she was hoping new partners would come in to help cushion the effect.

 

She, however, said regardless of when new partners joined the business, investors could not get their money back until months after the business got back on its feet.

Advertisement
NewsOnline Nigeria

Recent Posts

  • Economy And Business

Widows, Wives, and Over 2,000 Residents of Ikeja Police Barracks Benefit from Healthcare and Aid Initiative

Over 2,000 individuals from the Ikeja Police Barracks community benefited from an impactful outreach program spearheaded by Young Professionals for Tinubu (YP4T), an…

1 day ago
  • Featured

Open Heaven 24 December 2024 RCCG Daily Devotional

Open Heaven 24 December 2024 RCCG Daily Devotional can be accessed below.   NewsOnline Nigeria…

1 day ago
  • Exchange Rates

Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 24 December 2024

Black Market Dollar To Naira Exchange Rate in Lagos and FCT today, 24 December 2024.…

1 day ago
  • Crime Watch

BREAKING: Dele Farotimi Released From Prison Few Hours To Christmas

Dele Farotimi has been released from prison few hours to Christmas.   NewsOnline Nigeria reports…

1 day ago
  • Crime Watch

BREAKING: Queen Naomi, Oriyomi, Fasasi Remanded In Prison Over Ibadan Stampede

Queen Naomi, Oriyomi, and Fasasi have been remanded in prison over the Ibadan stampede.  …

1 day ago
  • Entertainment

New Edition of the ‘I Just Saw Jesus’ Book Extends 40-Year Legacy of Media Ministry

Forty years after the release of the original JESUS film, Jesus Film Project is releasing an…

1 day ago