Farmkonnect MD Negotiating With Investors, Not On The Run - Lawyer

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Firm A and A Attorneys (Rehoboth Chambers) has stated that Mr Azeez Oluwole, the Managing Director of FarmKonnect Agribusiness Nigeria Plc, is not on the run

He added that his firm had since been interfacing with investors since their engagement on March 1, 2022 and there had been positive resolutions and great progress.The statement reads in parts: “My client is not on the run as widely reported. The implements and properties of FarmKonnect are still here for all investors to see. Our joy as a nation is not to see businesses fail or hound investors or innovators, but to create a channel to recovery, this and all is what we are doing.

“We are in the professional service of mediation and debt management and we are also working with other companies to stem the tide, and as such, there was no need for the investors who have come to the table to panic as there is light at the end of the tunnel.“So far over 60% of the investors have agreed to the repayment agreement which was issued out by the firm.

 

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