WALE JANA, OWNER OF SAPPHIRE SCENTS GIVEN SEVEN DAYS NOTICE TO KICK START THE PROCESS OF PAYING INVESTOR CLAIMS OR FACE STIFFER PENALTIES

Sapphire Scents investment crisis in the wake of plummeting economy from the
effect of covid-19 pandemic.

By Media Client

The CEO of sapphire scents Wale Jana has been given seven days notice to enter into a reconciliatory commitment that will see to the payment of debts he allegedly owed a number of investors who bought into his company's assets.

Although the worth of the investors claim were not clearly stated, the social intervention advocacy foundation (SIAF) represented by a human right activist Segun Awosanya indicated that, their attention has been drawn to complaints raised by investors on Mr Jana's failure to pay their equities.

This was contained in a press release signed by Mr Awosanya, who indicated that a lack of calculated exit plan by the Sapphire Scents owner has further put investors monies at great risk and other yet to be verified uncertainties.

An independent strategic recovery process is expected to be set up to fast track the payment of investors monies, while noting that this step will cost Waja Jana and his entity a fortune but its the only way he can redeem the image of his company from the crisis.

Mr Jana has been given seven days leave to accept the proposal of  a recovery plan or face the full weight of the law.