Protest rocks Port Harcourt as angry MBA Forex investors demand for refunds

This time, the protesters marched to the palace of the paramount ruler of Elekahia community, His Royal Highness A.W Akarolo, where the CEO of MBA forex, Maxwell Odum hailed from.

The protesters who were in the company of members of the civil society organization appealed to the king to prevail on his “kinsman” to refund investors money.

Speaking on behalf of the aggrieved protesters, chairman of the civil society organization in Rivers State, Enefa Georgewill said they will “return to the palace” in protest, if their demand is not addressed within the shortest possible time.

He said “We have presented our matter before him (the king) informing him of how our members have been defrauded and of course his highness has given us his words that he is going to investigate this matter and make sure that within the shortest possible time, that he will get the fact of this matter and justice is done.”

The civil society representative also appealed to the Paramount ruler to “leave above board” and ensure that the matter is treated without bias.

Speaking earlier, the paramount ruler of Elekahia community expressed commitment to ensuring that the matter will be dealt with.

It was gathered that over 40,000 of the 125, 000 investors in the MBA Forex are resident in Rivers State.

The latest protest is one of a series of protests that have been embarked on by the investors against the scheme.