Adetoun Adekanmbi, a Lagos State-based medical doctor, has joined the long list of investors accusing Farmforte’s Agropartnerships, a platform that claims to offer agricultural investment services, of holding on to their money.

Adekanmbi told FIJ that the platform had refused to pay the close to N600,000 she was still being owed by the company despite sending several emails to demand for it.

“I started investing in Agropartnerships in 2020 and I invested over N800,000 in various cycles,” said Adekanmbi.

READ ALSO: Investor’s Billions Trapped with Agropartnerships’ Osayi Osazuwa, Uyi Osayimwense

“Some of the cycles lasted nine months and some, 12 months. The average farm cycle was between N95,000 and N96,000 with a promised Return on Investment (ROI) of 36 percent.

“Initially, I got my RoI and capital as and when due, but late last year, investors started complaining about the inability to withdraw pay-out funds from their wallets.

READ ALSO: Self-Acclaimed Julius Berger Employee Fails to Pay N55,000 for Drugs Purchased From Health Marketer Since 2021

“When the admin of the company was contacted, they apologised and blamed it on technical errors. However, in February 2022, it was then apparent that there was more to the issues than the earlier stated reason.”

Adekanmbi said Agropartnerships later organised a zoom meeting and told investors that some pay-outs would be delayed because of the loss the company incurred during the Covid-19 pandemic.

“They told investors during the meeting that they were structuring their investments so that pay-outs could recommence in July 2022,” the doctor said.

“However, since that meeting, no more updates have been given to investors, and people can no longer log in to see a record of investments and expected returns. Also, their numbers and emails have been unreachable.

READ ALSO: Uganda’s Charles Lambert Refused to Pay Nigerian Investor — Then Tries to Bribe and Shut FIJ Up

“I know I still have an estimated N400,000 investment in the company and likely an expected RoI of about N200,000 but I can’t log in to validate this.”

In April, FIJ reported how Agropartnerships, a subsidiary of Famforte, a company co-owned by Osayi Osazuwa and Uyi Osayimwense, stole billions of naira through several agricultural investment schemes they offered to the general public.

FIJ sent an email to Agropartnerships on Tuesday for comments on the matter, but it had not been responded to at press time.