Monday 21 Dec, 2015, 8:30 AM /SEC
Following the inauguration of the National Investor Protection Fund (NIPF) on 26th November, 2015, the Securities and Exchange Commission wishes to inform the general public of the official take-off of the Fund.
The Verification Committee of the NIPF has concluded a rigorous verification of investors’ claims against Mega Asset Managers Limited and subsequently recommended approval of appropriate compensation to the affected investors.
Consequently, the Board of the NIPF at its sitting of 14th December, 2015 has approved payment of compensation to the complainants/investors of Mega Asset Managers Limited who appeared before the Commission’s Administrative Proceedings Committee (APC) in the matter.
In view of the above, the underlisted 580 complainants/investors are advised to contact our Lagos and Onitsha Zonal Offices with proof of identification, account details and Bank Verification Number (BVN) before 23rdDecember, 2015 for further details.