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This is to inform all stakeholders, partners, investors and creditors of MBA Trading and Capital Investment Limited (MBA) as well as the general public that WCEPARTNERS has severed all contractual relationships with MBA Trading and Capital Investment Limited. On the grounds of nondisclosure of vital information, misrepresentation of the financial state of MBA and the inability to secure license from Security and Exchange Commission (SEC).
In October, 2020, WCEPARTNERS in its quest to expand investments opportunities for its clients by seeking out a company in Nigeria with deep market coverage and stable financial base, signed a contract with MBA to brand share in joint corporate expansion to West and Central regions (Cameroun, Gabon, etc). These were signed with firm commitments and guarantees from MBA to secure its trading license from SEC, to release its books of accounts and to retain the liabilities of its past, current and prospective creditors and investors. On the strength of these undertakings, WCEPARTNERS invested a huge amount of funds in keeping to its own obligations under the contract. On the contrary none of the undertaking have been met by MBA.
WCEPARTNERS will continue to offer the best professional services to our clients in our citizenship by investment programme but hereby wish to be disassociated from all activities of MBA. We do not have and have never had any business whatsoever with MBA operations or investors assets or liabilities. Rather, we are victims too. WCEPARTNERS is not and will not be liable to any person, company or organization who continue to act on the assumption that WCEPARTNERS is in partnership with MBA.
