A foreign investor, Taiwanese Ivy Hung, has called for the re arrest of, Mr. Chiedu Christian Nwosu over alleged fraud of $1,164,646, against her firm, Polleen Cooperation.
She said the Federal Government of Nigeria should also protect the human rights of foreign investors in the country.
Ivy Hung made the call in a presser on Sunday, saying they had between 2006 to 2017 supplied goods to Sahara Tooling Ltd, owned by Mr. Chiedu Christian Nwosu, and his wife, Mrs May Ifeanychukwu Nwosu, but the duo refused to pay back the amount of $1,164,646.
She said Polleen Cooperation is an experienced investor from Taiwan, based in Nigeria for over 18 years, doing business and supporting the federal government’s quest of direct foreign investment.
She said: “Sahara Tooling Ltd, a company registered in No. 5 Winning Stress, Asaba, Delta with RC Number: 1232007, a joint venture company owned by Nwosu and his wife, Mrs. May Ifeanychukwu Nwosu, a medical nurse in the Nnamdi Azikiwe University Teaching Hospital, Nnewi, Anambra state, received goods from our company, Polleen Corporation, on credit basis.
“After they sold the shipment, they refused to pay us the money for the shipment. Instead, Mr. Chiedu and his wife, Mrs. May diverted the money to personal use by investing some of the money into a transport company, African Eagle Multi-Transport Services Limited.”
The Taiwanese investor said, they had in mid 2017 petitioned the Economic and Financial Crimes Commission (EFCC) after which Mr Nwosu was apprehended for allegedly defrauding their company, Polleen Cooperation, to the tune of, USD $1,164,646.
