Nospetco Investors: Sanusi Lamido Please Help Us!

Good day all,

Please can anyone help us use this medium to send our complaints to the CBN governor Sanusi Lamido?? The banks has frozen the NOSPETCO accounts since and with this new trend the banking sector is going, i want to believe that we can get our investments back at least. Some of ushave put our life savings in there. Anyone please help in any way you can. Please

ingodwetrust.

What is NOSPETCO?

People were warned, so nothing that the CBN could do.

the money in custody of CBN and what is owed to people are not comparable at all.
So how would they determine who to pay and who not to?

Lol

The way i don't pity the victims of 419, I cannot pity the victims of these pyramid schemes aka Ponzi scheme. They share one running feature GREED.

So please cut your loses and move on.[table]

The above is a stupid statement to make not to mention not in the least helpful to those who have lost a lot and in some cases their lives savings - the basis of any investment or enterprise is to make a return therefore all manner of investments and enterprises big or small could by virtue of this statement be deemed to be driven solely by greed which we all know is not true to say the least. Feeding on other's misfortunes or shall I say the 'Schadenfreude' evident in 'iluginboy's blog is rather unfortunate whatever the author's reasons may be,

Perhaps the only intelligent part of the afore mentioned author's blog is "cut your losses and move on" which as an investor who lost over N50m in Nospetco I was willing to do at the point of my initial investments as with any investment in life big or small, safe or risky/aggressive. However I am inclined to agree with authors that state that something could still be salvaged here - it is rather simple in my opinion: the funds seized by the CBN could simply be distributed pro-rata to all Nospetco investors based on their total capital investments as this would represent an ethical and logical unwinding of the current position as would be the case with any failed investment fund or collapsed corporation and could be easily achieved as sufficient records were kept by both Nospetco and investors to support such an action/claim.

Failing this which as an investor is clearly my preferred option I would rather the CBN visibly dispense the funds currently frozen on charitable projects within the country rather than it sit within thier accounts waiting for investors memories and resolve for a resolution to fade as in such a situation it wont be too long before unscroupulous CBN personel would personally be all too happy to divert such funds for their own benefits,

Furthermore a lack of disclosure from the CBN on their intentions in this matter would only leave investors wondering if a behind the scene deal has already been cut between the CBN and the principles behind Nospetco who have cost so many individuals so much already,

We must ensure that like shareholders of any failed enterprise would do that all positions within the collapsed enterprise, in this case Nospetco (Ponzi scheme or not) are unwound completely and the case closed properly and I am personally all too willing to help in any action that supports such a move,