Court orders fleeing Ajetunmobi couple to pay ponzi victims N19bn

A Lagos State High Court in Ikoyi has ordered Bamise Samson Ajetunmobi and Elizabeth Anuoluwapo Ajetunmobi, owners of Image Global Solutions Limited, to pay nearly N19billion to the victims of their alleged ponzi scheme.

The couple went viral last year when they were accused of fleeing the country with billions belonging to investors.

At the time, it was alleged that some churches were part of their investors who lost money too.

On Thursday, July 14, Justice Taofiquat Oyekan-Abdullahi ordered the couple to pay investors what they owe.

The judge delivered judgment in a suit filed by 27 claimants who sued for themselves and 118 investors of Imagine Global Solutions Ltd.

The company ran lending service to small and medium businesses, offering 22 percent as interest on loans received and 10 percent returns to investors.

The litigants approached the court through their lawyers Adetunji Adedoyin-Adeniyi of AAA Chambers and Banwo & Ighodalo and Co.

In a suit marked LD/579CM/2021, they sought several declarations and orders against the couple and the companies.

In preliminary objections filed by their counsel Olukunle Nathan-Marsh, the Ajetunmobis, who did not appear in court, asked the court to throw out the case.

But Justice Abdullahi-Oyekan dismissed the objections and granted all the declarations and orders sought by the investors.

The judge ordered the couple to pay the N15,541,350 at 10 percent interest per annum, “being the outstanding investment sums accruing to the 1st to 17th claimants, who are investors; together with all other listed investors, in the second defendant’s company, upon the maturity of the respective investments and the accrued return on investments thereon.”

The Ajetunmobis were also ordered to pay N3,387,450 at 10 percent interest per annum, “being the outstanding investment sums accruing to the 18th to 27th claimants who are investors; together with all other listed investors, in the second defendant’s company, upon the maturity of the respective investments and the accrued return on investments thereon.”