SEC commences verification of Dantata firm


SEC acting D-G Mary Uduk

By Lucy Ogalue

The Securities and Exchange Commission (SEC), has concluded plans to commence verification for Nigerians that invested monies in Dantata Success and Profitable Company, Kano.

Mrs Efe Ebelo,  SEC’s Head of Media, said this in a statement on Wednesday in Abuja.

Ebelo said the exercise was part of SEC’s measures to  refund the investors their monies.

“The verification will take place  from Friday, May 31, to Sunday, June 2 from 9 a.m. to 4 p.m. daily to ascertain the level of their commitment to the company.

“The Commission wishes to inform and reassure investors in Dantata Success and Profitable Company that it is finalising plans for the repayment of investors’ funds.

“This will be done from assets that have been recovered so far from the company.

“And the investors are required to go along with the original receipt of their payment or bank teller for deposit into the company’s account and their bank account…

Source: News Agency of Nigeria