• Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
Tuesday, August 26, 2025
  • Login
  • Register
9Ja Spectators
  • Home
  • Politics
  • Business
  • Education
  • Entertainment
  • Life
  • Tech
  • World News
No Result
View All Result
9Ja Spectators
  • Home
  • Politics
  • Business
  • Education
  • Entertainment
  • Life
  • Tech
  • World News
No Result
View All Result
9Ja Spectators
No Result
View All Result
Home News

‘I Never Said I’m A Billionaire’ — Retired Anambra CP Denies Running Ponzi Scheme

Reporter by Reporter
May 4, 2024
in News
Reading Time: 2 mins read
A A
0
‘I Never Said I’m A Billionaire’ — Retired Anambra CP Denies Running Ponzi Scheme
152
SHARES
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

Aderemi Adeoye, a retired Anambra Commissioner of Police (CP), has dismissed claims that he described himself as a billionaire.

In a recent interview on Arise Television’s ‘The Morning Show’, Adeoye denied saying he is competing with Africa’s richest man, Aliko Dangote. During his retirement last Saturday, Adeoye had disclosed that he founded Alpha Trust Investment Club (ATIC) Limited in 2018 with a modest sum of N54 million, and the investment is now worth over N20 billion.

“I have never said anything of such. I weigh my words before I utter them and every word I say, I say in good faith. I never said I am now a billionaire and anyone who has proof to the contrary is challenged to produce it,” Adeoye said.

RelatedPosts

Excessive Catfish Consumption Could Pose Risks to Kidney Health, Experts Warn

LAUTECH Medical School Still Shut Down as Strike Enters 4th week

VIDEO: Outrage Online as Peller Pushes Jarvis at Seyi Vibez’s Concert

The retired CP also refuted allegations that he was running a Ponzi scheme and misappropriating funds meant for investments in ATIC, a cooperative co-founded by him. He explained that the civil service rules and police code of conduct do not bar anyone from investing, and there is no law against buying shares or investing in land and property.

Adeoye said the club pays all the necessary taxes and the accounts are available to its 1,400 members, some of whom are based in Europe. He blamed the fraud allegations on some “renegade” members of the club who were expelled “for criminal activities.”

The retiree clarified that ATIC is an investment forum and not a limited liability company, and its purpose is to invest, not to do business. He stated that the club has communicated with the Federal Inland Revenue Service (FIRS) and the Securities and Exchange Commission (SEC) to ensure its activities are within their purviews.

Adeoye urged the public to provide any evidence that contradicts his statements, emphasizing that he has never claimed to be a billionaire or compete with Dangote.

Tags: 9jaspectatorsAderemi AdeoyeBillionaire CP Aderemi AdeoyeSpectatorsspectatorsng
Previous Post

Beneficiaries to receive FG’s trade N50,000 grant by end of May – Uzoka-Anite 

Next Post

EFCC Releases List of 58 Ex-Governors Who Embezzled N2.2 Trillion

Related Posts

ASUU Warns of Looming Crisis, Accuses FG of Delay Tactics
News

ASUU Warns of Looming Crisis, Accuses FG of Delay Tactics

by Reporter
ASUU Begins Nationwide Protest Tuesday
News

ASUU Begins Nationwide Protest Tuesday

by Reporter
Ibadan Needs Urban Renewal, Says Olubadan-Designate
News

Ibadan Needs Urban Renewal, Says Olubadan-Designate

by Reporter
Next Post
EFCC Chairman, Olukoyede Stunned by a 17-Year-Old’s Cybercrime Prowess … Saying He Sees Crime and Opportunity in Youths (VIDEO)

EFCC Releases List of 58 Ex-Governors Who Embezzled N2.2 Trillion

Leave a ReplyCancel reply

Excessive Catfish Consumption Could Pose Risks to Kidney Health, Experts Warn

Excessive Catfish Consumption Could Pose Risks to Kidney Health, Experts Warn

by Reporter
0

Medical experts have cautioned Nigerians to exercise moderation in the consumption of catfish, a popular delicacy across the country, over...

LAUTECH Medical School Still Shut Down as Strike Enters 4th week

LAUTECH Medical School Still Shut Down as Strike Enters 4th week

by Reporter
0

The Nigerian Association of Medical and Dental Academics (NAMDA), Ladoke Akintola University of Technology (LAUTECH) Chapter, has announced that the...

VIDEO: Outrage Online as Peller Pushes Jarvis at Seyi Vibez’s Concert

VIDEO: Outrage Online as Peller Pushes Jarvis at Seyi Vibez’s Concert

by Reporter
0

Social media was set ablaze over the weekend after a video surfaced showing popular TikTok content creators, Peller and Jarvis,...

ASUU Warns of Looming Crisis, Accuses FG of Delay Tactics

ASUU Warns of Looming Crisis, Accuses FG of Delay Tactics

by Reporter
0

The Ibadan Zone of the Academic Staff Union of Universities (ASUU) has raised alarm over what it described as the...

No Result
View All Result
  • Home
  • Politics
  • Business
  • Education
  • Entertainment
  • Life
  • Tech
  • World News

© 2023 SpectatorsNG

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In