Timilehin Odeyemi, a student at the Abuja Law School, has returned part of the money invested in his company, FIJ can report.

This is after FIJ reported that two investors in his Tee Xchange company accused him of absconding with their money.

READ MORE: ‘Endorsed by His Father’, Abuja Law School Student Took Investors’ N20m and Blocked Their Numbers

Ebenezer Damilola, a cryptocurrency trader who initially lost N240,000 to Tee Xchange, told FIJ that Odeyemi had paid him N100,000 in line with their agreement.

He said Odeyemi, through a lawyer, opted to pay 50 percent of what his investors initially paid for some reasons, and he agreed.

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“I got paid on January 10, 2022, after we agreed. I got N100,000. He paid N200,000 to a friend of mine who invested N500,000,” he told FIJ.

Damilola would have got his money before January 10, but the legal steps by the lawyers of both parties slowed down the process.

On November 23, FIJ published a report on Odeyemi titled ‘Endorsed by His Father’, Abuja Law School Student Took Investors’ N20m and Blocked Their Numbers’.