ATIC INVESTMENT: YAM PEPPER SCATTER SCATTER

Isu-Ata-Ya-an-Ya'an!

By Abiodun Ishola Ladepo 

The reason I am not posting this person's account directly as the person sent it to me via Messenger is because I needed to edit it and remove some phrases that could reveal the person's identity. Just so you know I didn't make this up, I am attaching a photo of the early part of the account as sent to me. The part attached doesn't include the part that potentially reveals the author's identity.)

Here we go:

"I joined the club in 2020.

"I knew when they started in 2018 or so, but was cautious. But seeing all the “good news” of secure land acquisition for members and I took the chance, in 2020.

"At the registration stage, we were introduced to the President and the BOT/EMT. All these people are volunteers. No one was paid for their work and or contributions, to the best of my knowledge.

"The club's objective was to build wealth. Translating primarily to land purchase both for member ownership and as an investment for members, amongst other investment schemes.

"Case in point for ownership - Miami Beach. At some point, we were asked to pay for a survey so that people could begin to develop.

"For investment purposes - Banana Island by Sujimoto. People contributed as little as 50k and as high as – well your guess is as good as mine, just to take part in the club's investment opportunities.

"On that backdrop, members would indicate interest and pay for land when calls were made - Shimawa, ATIC City PH, Itunu, Isimi etc.

"Also, there was a platform where people were taught to trade in the stock market. The club's funds were used, leveraging internal competencies. 

"In September of every year, an AGM would be held and dividends would be declared.

"So, it all seemed good enough, with a few hiccups which we sha swallowed, after all the club is run by volunteers.

"After a while, it became virtually impossible to know what was going on. Long spells of silence. They said that the President was “too busy” with his official duties to attend to the club. His BOT/EMT – didn’t have much information (Ah!Jesu!!!). 

"So, we were asked to wait until his retirement in March 2024, when he will have time to devote to the club (Ahhhhhhhhh!!!!). 

In September of 2023, the AGM was held. I later learned that it was agreed for dividends to be paid in December 2023. So everyone waited. 

"A few days to the end of December, having received no payment, I chatted with one of the BOT members- saying: 

1. When are we expecting the dividend? 

2. If there's going to be a delay, professionalism demands that a communication is sent out addressing this officially. 

"His response, late in coming, which was unusual for him and which was the first red flag for me, was to shrug it off and say that people had been receiving the dividend. 

"Receiving bi ti bawo? Less than 5 people had come out to shout halleluyah and there was an air of discontent but everyone was sha managing their expectations, somehow.

"Then the President made an announcement –the second red flag - something about issues with the Bank and SCUML and that last year he overpaid up to a certain huge sum (can't recall the amount) and gave reasons that, by my profession, I could poke holes in – easily. 

"Not wanting to breed any dissent, someone commented on that post, mildly saying: "We had a whole year to plan for this, in the spirit of excellence and integrity which we are quick to mouth that we hold highly, we should not be here right now." 

"The person went further to say that the issues highlighted were all operational, for a club our size- relying on the President and BOT to render volunteer work will only lead to more inefficiencies, expectedly. Could we employ a few people as full-time workers? 

"A group of persons, in a well-articulated manner, asked for the same things a logical mind won't consider out of the ordinary:

1. An Audit. 

2. A website or portal/members registry 

3. More transparency and efficiency of operations amongst others.

"Well, as at today I am yet to receive the 2023 dividend. 

"While we started small and using volunteers may have worked, it’s a no-brainer that at a size of 1,400+, in the interest of probity and transparency, the need for systems and procedures and processes of operations was needed.

"How can any right-thinking person not align with this?

"We exist only on Facebook. If we sleep and wake tomorrow and the page ceases to exist, So pe o ti lo...

"The only evidence of owned investments are the bank receipts which, hopefully, each member has kept safe. 

"When you try to engage our volunteers, sometimes for days, no feedback. And you hear comments like "They are volunteers."

"If the Grim Reaper comes for him today, today, what is the process for accessing members' investment? 

"Or won't we all go back to our maker? 

"Is tomorrow assured anyone?

"The request by the eSignatory group didn’t go down well with the President. After a couple of back and forth, not so pleasant, he declared an emergency panel meeting and after 3 days of meeting, he declared them expelled and asked anyone who wasn’t satisfied to indicate interest of exit.

"106 people did.

And it became isu-ata-ya’an-ya’an.

"We were mocked and heckled. Even The President himself made snide comments and didn’t caution his minions who wanked off on every post regarding those willing to exit. 

"The President said he was unwilling to “work for us - dissidents” anymore. After all, he has been doing us a favor, all these years.

"Whew! Noh be free entry and exit again?

"Then after a long spell of nothing, he reeled out some rather punitive exit terms.

"IF HE HAS NOTHING TO HIDE, WHY ON EARTH IS IT DIFFICULT TO SETTLE THOSE ASKING TO LEAVE? 

"WHY CAN'T IT BE AMICABLE?

"WHY ARE WE AT THE MERCY OF ONE MAN? 

"IS IT NOT A COOPERATIVE, AGAIN?

"WHAT DOES THE CLUB’S CONSTITUTION SAY? 

"IS THERE A CLUB CONSTITUTION?

"WHY SUDDENLY TURN MEMBERS ASKING TO LIQUIDATE INVESTMENTS AND LEAVE INTO PARIAHS?

"Well, whatever you see playing out right now is each group wanting to be heard in the court of public opinion. And all is fair in peace and war. But somewhere in there are the truths and outright falsehoods. 

"Even, if I had no intention to leave, the invectives being hurled, the outright lies, derailing from the crux of the matter, the shamelessness and grandstanding being displayed by the President are a pointer to a thoroughly corrupt being, lacking in integrity. 

"It is shameful.

"And they seem like the actions of a drowning man who is clutching at any and everything. Another red flag!

Toripe ko ye ko le to yi.

"But it is not his fault. It is those of us, foolish enough to not carry out basic due diligence.

"PS: To the gentleman who responded to you that his lands have appreciated and he sold, please ask him in which market? 

"Ask him where he heard that Sujimoto failed because no official communication has been made. Same with Crypto. Two key investments that the President rubberstamped are what the gentleman shrugged off as if they were unimportant. 

"Ask him if the original mail by the esignatory group was anything out of place.

"Ki Olorun ma je ki laakaye jina si wa, amin."

My Take: Toooooor.

1. Wherever you read "The President" above, it is not Tinubu o🤣. It is one Remi Adeoye. I never heard of him until this ATIC matter became Yam-Pepper-Scatter-Scatter. I hear he is a serving police commissioner in Anambra who is due to retire next month. I find that very difficult to believe...that a serving senior police officer has the time and money to engage in this kind of scheme. Abi he don arrest all the criminals in Anambra finish?

2. A good friend suggested that he might be the son of that Remi Adeoye who KSA mentioned in his E Kilo F'Omode album while singing the praise of Rod Publicity. I find that easier to believe.

3. Please understand that Biodun Ladepo is not taking sides in this matter o. I am only sharing with some...SOME...of what ATIC members (or Aticians, as they call themselves🤣) share with me. Shey dem know say me I be Saliu-Elenuu-Gboro.

Pix: What I promised you in the Nota Bene (NB) opening this post.