The Chief Executive Officer (CEO), Plan for Tomorrow Transport Investment, Johnson Solanke, has assured his 806 clients, to whom his company owes N1.5b that their money would be refunded not later than December 2024.
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Solanke, who imports vehicles, tricycles and motorcycles, while addressing the media in Ibadan, Oyo State, yesterday, in the company of owners of Yes FM, Yemi Sonde; CEO, Katawa Properties Ltd, Dr. Taiwo Kadri; a broadcaster, Mr. Suleiman Adegbenro among others, dismissed the insinuation that he was planning to abscond with investors’ money following the closure of his company’s Lagos, Abuja and Abeokuta offices.

He said the closure of the offices became necessary after some angry investors unleashed terror on his staff including damaging some items in an effort to recoup their money.
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According to him, “Two of my staff are now in critical conditions receiving treatment. This will however not tempt me to run away, I promised my investors home and abroad to be patient and give the company till December this year to facilitate their payments.”

He lamented that what actually led to the unfortunate situation was the increase in exchange rate, which caused a serious crash in naira value to dollar.

“The value of the naira collected from our clients before the exchange rate crisis could no longer meet with our profit and interest calculation, which forced us into debt.

“I want every investor and all Nigerians to know that my company is not a fraudulent one. I didn’t start the business to defraud people. The reason for temporary closure of our offices was not to run away but to avert breakdown of law and order.”
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