Jim Ovia Denies Knowledge of Wealth Bridge Investment Scheme

By Aduragbemi Omiyale

The chairman of Zenith Bank Plc, Mr Jim Ovia, has dissociated himself from a video making the rounds, purporting that he has endorsed an investment scheme put together by Wealth Bridge.

In a statement, it was emphasised that the video of the businessman is fake, as he has no link with Wealth Bridge, which urged Nigerians to invest in the business.

The management of Zenith Bank has, therefore, advised the public to disregard videos circulated through the Greece Island Facebook handle.

The promoters of the investment scheme promised prospective customers up to N2 million in weekly returns on a contribution of N380,000.

But Zenith Bank stressed that any member of the public who conducts business with the entity does so at his or her risk, as claims in the video that the investment has the backing of the Central Bank of Nigeria (CBN) are untrue.

“The video redirects unsuspecting members of the public to an alleged Arise News webpage with the details of this scheme and an embedded registration portal for signups. This claim is also entirely false and has no connection whatsoever to the bank or its group chairman.

“For the avoidance of doubt, all the videos and promotional materials referenced above are FAKE and have nothing to do with Zenith Bank Plc or Dr Jim Ovia. The Group Chairman of Zenith Bank and the bank have no knowledge of the said investment scheme and have not entered into any partnership with the companies, individuals, or platforms behind these schemes.

“The general public is hereby advised to disregard these fraudulent communications. Anyone who engages with the Greece Island handle, Wealth Bridge, delicious sitee, AfriQuantumX, Stock market analyst 1, or any other entity on the basis of these fake videos and images published by impostors does so strictly at his or her own risk,” parts of the statement read.