Chinmark: Marksman Ijomah relocates from Nigeria with investors’ billions

As investors in the Chinmark Group continue to call for their monies, the founder of the doomed investment scheme, Marksman Chinedu Ijomah has pleaded with investors to exercise patience.

This is as sources within the firm say Mr Ijomah who relocated his family to Dubai last year may have joined them as he has not been seen at the firm’s Ogui Road, Enugu head office for weeks, leaving his Nigerian staff and top management in a state of confusion.

Standardobservers had on Thursday reported that the scheme which promised percentage on investments had crashed as the firm has failed to meet up with its financial obligations to its 10,000 investors who deposited over N10 billion.

But Mr Marksman said the firm is working hard to pay investors.

In a statement, Mr Marksman said “On the 4th of March 2022 we made this publication in national dailies across the country to inform our clients of the current situation of the brand and our commitment not to fail our Partners in our obligations.

“From the opening of chinmark paradise it has been named Bridge suites and residence and nothing has changed , chinmark group has 100% ownership.

“Finally the 60days we requested from our Partners ends on the 19th of March 2022, Chinmark group is 100% intact and all assets ours.

“Thank you for your Patience and confidence”.

However, observers said Mr Marksman is employing same strategy used by the collapsed MBA Forex, by buying time while perfecting an exit plan.

A lawyer, Azubuike Ihemeje faulted the 60 days timeline, saying that the firm used it as an opportunity to escape and not pay its investors.

He also described the the investment as a ponzi scheme, urging the Nigerian authorities to prosecute those involved.