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Investors Storm Oko Oloyun Office To Demand Refunds

Crowd of persons in their tens were seen at the office of the late popular trado-medical doctor, Alhaji Fatai Yusuf popularly known as Oko Oloyun to know how to demand their investment in his Ponzi scheme tagged Option C.

One of those at the head office at Idowu Egba along LASU-Igando Road simply identified as Emmanuel shared that he started the scheme in July 2019 and had returns on his investment once instead of the two months timeline in the terms of the contract.

Another retired teacher, Mrs Bunmi, stated she joined in December 2018 with investment to millions but had only received ₦500,000 and unsure of her fate with the death of the owner.

Some of the investors at Oko Oloyun office in Igando, Lagos. Photo: PM News

Sharing her investment documents, she said that she filed to pull out after inconsistency in payment but rescinded her decision when she was told that she could not get her investment back in full.

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Option C is a money-making programme that promised a 10% return in two months.

One other investor, Mr Azeez, who said he invested ₦1 million in September 2019 and with his experience of not being paid had decided to pull out in November. He, however, vowed to pursue his profit with all his ability.

Others also shared their experiences such as Mrs Bunmi whose allowance from her husband was invested. Her husband is said to be fighting in the North-East against the insurgency. She also pleads with the management to respond.

Mrs. Sulaimon, another investor, had to make a stop over while travelling to Badagry but was cheered by co-investors after narrating that she can not afford to loose her money.

However, in the midst of the lamentation, some investors who had visited the house of the late Oko Oloyun in Lagos alleged that they were denied access by the security men, with the statement that “Alhaja said we should not allow anybody to come in, they are all in Ibadan.”

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After the outcry, the investors agreed among themselves to visit the house of the deceased in Lagos during the Fidau prayers on the eighth day to demand their returns.

However, a security man at Oko Oloyun’s Egan Idowu office alleged that one of the rooms in the head office was intentionally burnt by unknown men prior to Oko Oloyun’s death.

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The Federal Government of Nigeria has granted amnesty to 2,600 inmates at the Correctional centres across the country.

The Minister of Interior, Rauf Aregbesola, made this known during a press conference.

The affected inmates includes:

  1. Inmates that are 60 years and above
  2. Those suffering from ill-health likely to terminate in death
  3. Convicts serving 3 years and above and have less than 6 months to serve
  4. Inmate with mental issues
  5. Inmates with option of fine not exceeding ₦50,000

41 Federal inmates and 29 FCT inmates making a total of 70 inmates who met the above criteria will however be released today from the Kuje Custodial Centre in Abuja.

This amnesty does not apply to inmates sentenced for violent extreme offences such as terrorism, kidnapping, armed banditry, rape, human trafficking, culpable homicide and so on.

The Governors of the 36 states under whose jurisdiction most of the inmates were incarcerated are expected to complete the exercise in line with the federal principle.

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LAWMA Rewards Outstanding Sweeper

The Lagos Waste Management Authority (LAWMA) has handsomely rewarded an outstanding highway sweeper, Fasasi Raheemat Oluwabukola, on behalf of Governor Babajide Sanwo-Olu, incident commander of the state.

Raheemat was sighted and photographed along Dolphin/Osbourne Road, her operational corridor, by Ms. Adebisi Awoniyi, a resident of Dolphin Estate, a photo that later went viral on the social media, few days ago.

Speaking during the brief presentation, the MD of LAWMA, Dr. Muyiwa Gbadegesin, noted that the recognition was to appreciate Raheemat’s constant diligence and impassioned service, as attested by Ms. Awoniyi, who claimed to have regularly observed her, during her daily work-out sessions.

The LAWMA boss noted further, that there was reward for diligent hard work, because one could never tell who was watching at any point in time.

Responding, Raheemat expressed profound gratitude to Mr Governor Babajide Sanwo-Olu for the rather unexpected recognition, stressing that it was most unexpected, as she was only doing her duty to the best of her ability.

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