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How Marksman Ijiomah CEO Chinmark Group, defrauded, Over 4000 investors

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…I have been duped of my 20million, blocked from all channels— Udosen

…Chinmark defrauded, killed my father— another victim

…SEC declared Chinmark operations illegal

….Investors threaten to assassinate me over unpaid funds – influencer

Over 4000 indignant investors have called out the Chief Executive Officer, CEO, of Chinmark Group, Marksman Ijiomah, over unpaid funds invested in the company in spite of the many deadlines given for refund.

Involved in the situation include two social media influencer and brand ambassador for the “investment company”, Amanda Chisom; and another social media promoter of Chinmark, Harrison Gwamnishu.

For days, the aggrieved investors have launched trials on social media, dragging Chinmark, Ijiomah, Chisom, Gwamnishu and all other brand ambassadors who promoted the company on Facebook, Instagram, Twitter and other social media platforms since they began operations.

Newsthumb learnt that the investors made payments running into billions under a contractual agreement that the company would on a monthly basis pay a flavour-packed ROI to them.

In a press statement released on the 25th day of December, 2021 on its official website, SEC described Chinmark as an “illegal operator”, freezing its accounts.

The statement reads in part: “The Commission hereby notifies the investing public that neither FinAfrica Investment Limited nor Chimark Group is registered by the SEC and the Investment Scheme promoted by these entities are also not authorized by the SEC.

In a statement on his verified Facebook page, Chinmark CEO (Ijiomah) confirmed that his group received funds from “4,966 partners”, noting that “500 partners” have been paid so far but he had yet to publish the names of those that had received payment.

While he did not reveal the total amount received from all the investors, a receipt of a refund to an investor he posted on Facebook read N1.3m.

He, however, pleaded with the remaining 4,466 investors to remain calm, saying that the operational bank accounts of his company were frozen by the Securities and Exchange Commission.

He also noted that Chinmark has received “lots of petitions from government agencies by aggrieved partners”.

Ijiomah wrote, “From the proceeds of our business (Hospitality, Transportation, Food and Logistics) despite our operational bank accounts being frozen by Securities & Exchange Commission (SEC) on December 21, 2021 till date, we resumed payment to our partners on March 16, 2022; so far, out of 4966 partners, we have been able to pay 500 partners following an arithmetic order from our backlogs.

“In a bid to show transparency in our dealings as always, full names of paid partners ought to have been published today but several calls/messages/emails from our distinguished partners have further restricted us from doing this.

“Let me reassure you that your money is safe with us and we remain committed to repaying all partners soonest, update on partnership repayment will be provided always and your managers will call to follow up; until then, I would humbly request you to kindly bear with us.”

Amid the endless social media brawls one of the promoters of Chinmark on Facebook (Chisom) has said that aggrieved investors of the group have continued to issue threats over her life on the basis of unpaid funds.

In an official statement on her verified Facebook page, Chisom with over 165,000 followers wrote, “First of all, let me acknowledge my part in being one of those who brought Mr. Marksman Chinedu Ijiomah and his company to limelight, even before the company became registered as Chinmark Group Limited. For someone I have known from the days of his humble beginnings, I felt like I know him to an extent…

“I did my best both professionally and as an individual, to ensure that what is happening now would never have happened, by providing the right advice to the company at all times when I had the opportunity.

“In the build-up to this time, on the 13th of January 2022, I was instructed by the company via an email, to refrain from saying anything about the company on my page and that closes all channels of communication. All effort to find out what was happening was completely blocked.

“I received several warnings and threats from some individuals and investors who felt that my Facebook post on ‘due diligenc’ affected the fortunes of the company. The threats are so far-reaching, that some of these persons have clearly threatened to assassinate me, should anything happen to the company.

“I have informed the relevant authorities of the extent of my involvement with the company and pledged my co-operation in any investigation that may arise.”

Also, another promoter of Chinmark (Gwamnishu) with over 158,000 followers on Facebook said he has gathered about 1,000 investors, even as he assured them that their funds would be recovered.

In a statement on his verified Facebook page on Monday, he wrote, “From my own end as a friend to Chinmark Group and who also posted and shared his business on my page. Below are steps I’m taking to ensure partners don’t lose out completely.

“I was able to get about 1,000 Chinmark investors through a google link I created and today they will be added to a platform.

“A committee will be appointed by the partners to interface with the company. This is a one-on-one meeting where decisions will be taken.”

Some of the investors who made their stand known in different Facebook posts, said that the current reality is unbelievable and that they would engage whatever means possible in ensuring that they get back their money.

An Akwa-Ibom born, Mercy Udosen, who took to her Facebook page to lament on how she invested a whopping 20 million, said that she has been patient for a positive reply from Chinmark but to no avail she has been left totally disappointed and bewildered.

She bemoaned: “Marksman Chinedu Ijiomah chairman of Chinmark group I’m still a very patient girl and patiently waiting for you to do the needful.. you guys can’t just reach out to us since January with the notice that payments of our dividends will commence from 19th of March which I patiently waited cause In your word when paying you will pay for both January and February all for me to get another call yest 18th a day to when you promised to pay the 2 month failed payment telling me the option I have is to take a post dated cheque to cash In 8months time!.. this 8month you said without my monthly dividends being paid, sir isn’t that a joke? So you will keep my 20million naira for a year and do ur business without paying my monthly dividends??

“Please do the needful I beg you before I start mine… why can’t anyone be trusted in this country? You came on your page and posted that you have started paying investors which is not true and you deactivated your comment section so I couldn’t even write to counter your post. Sir I know I can find you down to dubai so don’t test my patience.

“So the other day I came on my Facebook page and I posted about Chinmark, and I said I was one of the investors of Chinmark group of company.

“Yes, I invested 20 million naira with Chinmark through my fiance and dividends was meant to be paid every month that’s 1 million naira to us and the only one we got was for December, that they paid us just once on the 30th of December, expecting our January and February payments, stories came up.

“First they called us on the 28th of February, and they informed us that they were having issues with SEC and you know payments is on hold, they can’t make payments and all of that of which I have been very, very understanding because I’m also a business person, but then you kept us waiting for this payment till February. I didn’t get anything. February nothing came and this is March you promised 19th of March, we’re going to pay me but nothing has come.

“Please say I’ve been so understanding I feel very bad with this news. You know, I tried as much as I could to make sure I did not join, you know, whatever rumours I saw on social media about you guys, but treating me like this is totally unfair. I’m demanding 50% of my capital, which is 10 million naira. And then you can give me a cheque of 10 million. You can’t just put my life on hold like that for Christ sake. There’s a lot of things I could as well use the money to do and then I’ll make returns. I’ll make profits for myself.

“People cannot just be trustworthy. How can you expect for Christ’s sake 20 millionaire you’re not even thinking of paying anything even on me that we are supposed to terminate our contracts which that money. I just wanted it to stay with you guys before I can figure out what to do with it.”

Another victim, Mark John (not real name), stated that Chinmark is the reason for the demise of his father, following the investment of his gratuity funds into Chinmark.

He said: “Chinmark made me lose my father cos he invested his gratuity in chinmark which she promoted… he die yesterday due to HBP cos of the breaking news that chinmark won’t pay…whoever knows Amanda should tell her to get ready for another burial in her family compound again this year cos am taking one of her family member down.”

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Gbajabiamila to Head Five Governors, Others at Nigeria–Canada Conference

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President Bola Tinubu has approved a Federal Government delegation led by his Chief of Staff, Femi Gbajabiamila, to represent Nigeria at the maiden Nigeria Diaspora Investment Economic Conference in Toronto, Canada.

The delegation includes Borno State Governor Babagana Zulum, Anambra State Governor Chukwuma Soludo, Kaduna State Governor Uba Sani, Plateau State Governor Caleb Mutfwang and Zamfara State Governor Dauda Lawal.

The conference, themed “Invest Nigeria, Thrive Abroad,” is scheduled to hold from August 12 to 15 in Toronto.

The development was announced in a statement issued by Nigerians in Diaspora Commission, on X on Friday.

According to the statement, members of the delegation also include the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu; Minister of Industry, Trade and Investment, Jumoke Oduwole; and Minister of Interior, Olubunmi Tunji-Ojo.

Representatives of the Central Bank of Nigeria, Nigeria Customs Service, Nigeria Immigration Service, Nigeria Revenue Service, Nigeria Investment Promotion Commission, Nigeria Export Promotion Council and the National Information Technology Development Agency are also expected to participate.

The statement said Canadian officials expected at the conference include President of the Treasury Board of Canada, Shafqat Ali; Ontario Minister of Citizenship and Multiculturalism, Graham McGregor; Ontario lawmaker Deepak Anand; Brampton Mayor Patrick Brown; Councillor Rod Power; and Ontario Minister of Women and Economic Opportunities, Charmaine Williams.

How to become next Miss Nigeria
Quoting the Chairman/Chief Executive Officer of NiDCOM, Abike Dabiri-Erewa, the statement said, “The calibre of officials attending the conference demonstrates President Tinubu’s commitment to strengthening economic cooperation between Nigeria and Canada through trade, investment and diaspora engagement.”

It further quoted Dabiri-Erewa as saying the event “is more than a conference” and is designed as “an outcome-driven investment platform” that will connect international investors with “investment-ready” opportunities across key sectors of Nigeria’s economy while strengthening bilateral economic relations between the two countries.

According to the statement, the conference is being organised by NiDCOM in collaboration with the Nigerian High Commission in Ottawa, the Canadian High Commission in Abuja and other stakeholders.

It said discussions will focus on agriculture, technology, manufacturing, infrastructure, energy, healthcare and the digital economy.

Newsthumb reports that the Nigeria Diaspora Investment Economic Conference is the first investment-focused forum organised by the Federal Government through NiDCOM to promote economic partnerships between Nigeria and its diaspora community.

According to the World Bank, Nigeria is one of Africa’s largest recipients of diaspora remittances, with annual inflows amounting to billions of dollars.

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Breaking : Osun Election: Tinubu Intervenes, Orders EFCC to Unfreeze Osun Government Accounts

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…says action could undermine public confidence in electoral process

…insists anti-graft agencies must remain independent but avoid actions suggesting political interference

President Bola Ahmed Tinubu on Thursday directed the Economic and Financial Crimes Commission (EFCC) to immediately take steps to vacate a court order freezing the bank accounts of the Osun State Government, saying the timing of the action, just days before the state’s governorship election, could create the impression of federal interference in the electoral process.

The President said although he respects the constitutional independence of the anti-graft agency and had no prior knowledge of its action, he was compelled to intervene in the overriding public interest to preserve public confidence in the credibility and fairness of Nigeria’s democratic process. NigerianBusiness Coverage

The EFCC had on Wednesday froze the accounts of the Osun State Government, placing a Post No Debit (PND), on its First Bank account, alleging fraudulent handling of N11 billion ecology funds, intervention funds and Federal Account Allocation Committee (FAAC).

However, in a personally signed statement issued from the State House, Abuja, President Tinubu disclosed that the EFCC had obtained the court order on August 5, 2026, freezing the accounts of the Osun State Government.

He said he was “deeply embarrassed” by the timing of the development, explaining that actions taken by federal institutions are often attributed to the President, regardless of whether he authorised them.

“It has come to my notice that the Economic and Financial Crimes Commission (EFCC) obtained a court order on August 5, 2026, freezing the accounts of the Osun State Government. I must state that I feel deeply embarrassed not by the EFCC’s exercise of its mandate backed by a court order, but by the timing of the agency’s action.

“This is so because every action taken by an institution of State, especially at the Federal level, is always credited to me, as the President, even when I may not have had any prior knowledge of the action”, the President said.

Tinubu reiterated his long-standing policy of allowing anti-corruption and law enforcement agencies to carry out their statutory responsibilities without political interference, stressing that he had deliberately refrained from directing the operational activities of the EFCC and other investigative bodies since assuming office.

He said, “since assuming office, I have consistently maintained that anti-corruption and law enforcement agencies must be allowed to discharge their statutory responsibilities independently, professionally, without fear or favour, or political interference.

“I have therefore deliberately refrained from directing or interfering in the operational activities of the EFCC or any other investigative or prosecutorial agency because I firmly believe that strong democratic institutions, operating within the confines of the law, are indispensable to democratic good governance and the rule of law”, he said.

The President maintained that institutions established by law should be allowed to exercise their powers independently and without requiring presidential approval for routine operational decisions.

However, he said the circumstances surrounding the EFCC’s action required presidential intervention because of the proximity of the Osun governorship election.

“As President, I am committed to allowing institutions of State to function and take any action they consider necessary in the interest of proper governance without the need for any prior approval. Indeed, that is why institutions are set up by law with clearly defined powers.

“While I am yet to be fully apprised of the facts which informed the action of EFCC in approaching the court to obtain the said order freezing the Osun State Government account, I am not in the slightest doubt that the timing of the action of EFCC is inauspicious, and therefore I feel compelled to intervene”, he said.

The President warned that no action by any federal agency should create the perception that the Federal Government was attempting to influence the outcome of the forthcoming governorship poll.

“Osun State is only a few days away from its gubernatorial election. Therefore, nothing ought to be done to give an impression that the EFCC or indeed any other agency of the federal government is being used to interfere with the election”, he stated.

Tinubu said preserving public confidence in the integrity of the electoral process was paramount, adding that he was duty-bound to act in the national interest.

“Based on the foregoing premise, I am duty-bound to issue a directive on this issue in consonance with the overriding public interest in preserving public confidence and the integrity, credibility, and fairness of our democratic process”, he said.

The President consequently directed the anti-graft agency to immediately reverse its legal action against the Osun State Government.

“Accordingly, I have directed the EFCC to immediately proceed to the court to vacate the order and discontinue whatever action it has instituted against the Osun State Government in this regard”, Tinubu declared.

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Breaking : 176 Woro Abductees, 132 Others Freed in Major Multi-State Rescue Operation

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A total of 308 kidnapped victims, including 176 residents of Woro community in Kwara State and 132 others abducted in Niger and Kebbi states, have been rescued in a coordinated multi-state security operation.

The successful operation, carried out by security agencies, marks a significant breakthrough in ongoing efforts to combat kidnapping and restore peace across the affected communities. Authorities said the rescued victims have been reunited with their families, while efforts are underway to apprehend the perpetrators and dismantle the criminal networks responsible for the abductions.

The rescue underscores the commitment of security agencies to strengthening intelligence-driven operations and ensuring the safety of lives and property across the country. Further details on the operation and ongoing investigations are expected from the relevant authorities.

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