Maxwell Odum, the founder and Chief Executive Officer (CEO) of a forex trading company, MBA Capital and Training Limited, has been declared wanted by the Economic and Financial Crimes Commission (EFCC) over N213 billion fraud.
KanyiDaily recalls that four months ago, MBA forex investors had staged a protest at the EFCC headquarters in Abuja over the inability of Maxwell Odum to refund their “unpaid dividends and capital”.
The victims were demanding the arrest and prosecution of Odum over allegations of fraud with his company, which is said to have had its headquarters at Port Harcourt, the Rivers capital.
They maintained that a formal petition has been submitted to the Zonal office of the commission in Portharcourt Rivers State and vowed to mobilize all investors across the country to occupy the EFCC offices nationwide.
The victims of MBA forex also accused the EFCC of conniving with the company, threatening to mobilize other investors across the country to shut down the headquarters of the commission if they fail to arrest him.
EFCC Declares Maxwell Odum of MBA FOREX Wanted
The anti-graft agency in a statement by its spokesman, Wilson Uwujaren, declared Odum wanted for conspiracy, obtaining money by false pretense, and money laundering to the tune of N213 billion.
The statement reads, “The General Public is hereby notified that MAXWELL CHIZI ODUM, A.K.A. MBA TRADING AND CAPITAL INVESTMENT LIMITED, whose photograph appears above, is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of Conspiracy, Obtaining Money by False Pretence and Money Laundering to the tune of N213,000,000,000.00 (Two Hundred and Thirteen Billion Naira) only.
“Odum is a native of Ikwerre in Obio-Akpor Local Government Area, Rivers State. His last known address is at 7, Odum Street, Elekahia, Port Harcourt, Rivers State.
“Anybody with useful information as to his whereabouts should please contact the Commission in its Benin, Kaduna, Ibadan, Sokoto, Gombe, Maiduguri, Makurdi, llorin, Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices or through these numbers 09-9044751-3, 08093322644, 08183322644, 070-26350721-3, 070-6350724-5; its e-mail address: [email protected] or the nearest Police Station and other security agencies.”
KanyiDaily had also reported how MBA forex investors had stormed the Christ Embassy church in protest, asking Pastor Chris Oyakhilome to refund their money (N1 billion) donated by Maxwell Odum.