I’d have given Ovaioza arrested for alleged Ponzi money to eat — Gimba Kakanda

Gimba Kakanda

Nigerian writer Gimba Kakanda has expressed surprise at the way the chief executive of Ovaioza Group of Companies Ovaioza Yunusa convinced people to invest in her business.

Ovaioza, who got married early this year, is accused of scamming investors of billions of naira.

Popular on Facebook, the suspect is the co-owner of Ovaioza Farm Produce Storage Business (OFPSB) which claims it is into processing, storage, distribution and retailing of farm produce such as garri and plantain.

Ovaioza also co-owns Ovaioza Skills Acquisition Center (OSAC) and Relax and Chill.

Mr Kakanda said in a tweet on Wednesday that he would have been tempted to give Ovaioza money to get something to eat if she approached him to invest in her business.

“If this Ovaioza lady who got Facebook users to invest billions in her Ponzi scheme had approached me, I would’ve been tempted to give her money to get something to eat,” he wrote.

“Nothing about her profile was convincing for an investment manager of the reputation she sold to her clients.”

Ovaioza was arrested in Abuja on Monday while attempting to leave the country with her husband, David.

She is said to have promised investors between 70-80% return on investment.