The Managing Director of Famzhi Interbiz Limited, Hajiya Mariam Suleiman has debunked insinuation that the company is a ponzi.
According to her, while ponzi is a method of collecting money from some people to pay other people, Famzhi Interbiz operates on shearing the profits from production and manufacturing.
Hajiya Mariam, who spoke to over 10,000 investors at the 2019 Annual Conference at the headquarters of the company in Kubwa, Abuja today, November 30, said that the company, which has been registered with Security and Exchange Commission (SEC), is into estate business, farming and animal husbandry, microfinance business and water production and manufacturing as well as other businesses.
She said that there are 150 people on the employment of the company, adding that since it started operation four years ago with few investors, thousands of Nigerians have joined even as it operates strictly within the law of the land.
Hajiya Mariam said that the company’s board of directors are looking into new business opportunities, with more people investing in it, even as she promised to formally declare the company’s statement of account next year after consultation with the directors.
She appealed to the investors, who turned up in their thousands, to be patient with the management over the expected changes in the way the company dispense their income.
“All such changes will be corrected in November 2020, when the company goes Plc. My appeal to the investors is to imbibe the spirit of patience. Everything will be alright in the end.”
Some groups, including students of the University of Abuja and Ebira Vabe Association honoured Hajiya Mariam for her honesty, humanitarian services and devotion to the happiness of fellow human beings.
Even whitches cannot be as heartless as you are, Mariam Suleiman no moslem can be as wicked as you are p. Please for the sake of day you are going to meet your creator which is Allah pay me my. You have succeeded in letting my child who is a final year medical school in China to be withdraw from the institute, this pain will never be eradicated. I am a pensioners it’s the whole of my gratuity that I invested in your famzhi. Ya Allah do instant judgement for me hence it is a crime to invest in fa famzhi.. Allahu show that you are sufficient for me.
I invested the sum of #100,000 since February 2020, I was only paid in March and up until now nothing has been done. Please I need my hard earned money.
It is a pure 419, be careful !
I invest 100k since stember 2019 and I was paid 3 months interest before I upgraded my account with the sum of 50k and I enroll for role over for 6 months so I suppose received my money by August and till date I haven’t seen anything.
I strongly believes in Famzhi interbiz Ltd. Inspite of the odd since march 2020 padenmic lock down.. That all will be well.
Criminal Woman, Hajiya Maryam Sulaiman
Pay us our money.
Do not Invest, run for your dear life as you will regret if you invest…. I am an investor and investing my hard earned money in Famzhi is the worst mistake I have ever made.. Please beware.
I invested a sum of #100,000.00 with the company by the end of March 2020. But since that date till now I have not received a Kobo by a way of dividend or interest. I also asked for the refund of my initial principal and got no response from the the outfit. This is not a plus to the company.
Please pay us back our capital… Since April I stopped receiving any payment and it’s over a year that I started and I have not even made close to what I came with… Now to pay us is different stories everyday. This is exactly why things do not work in Nigeria, because the scamming is too much
But at least let her make refund of cash to its customer pls
I’m an Investor,I to be honest famhzi seems promising,but at the moment it’s undergoing automation and restructuring for good,Due to the Covid 19 pendemic payments have been slow but hopefully things should get back to normal,Our MD is very Zealous and Hard-working though a little Hedges in the communication,in Famzhi together we profit.