BARAZA Multipurpose Cooperatives has Allayed Fears Over members on Delay of Payment procedure
BARAZA Nigerian Leading cryptocurrency trading and investment platform BARAZA Multipurpose Cooperatives has Allayed Fears Over members on Delay of Payment procedure
BARAZA Multipurpose Cooperatives has Allayed Fears of Its members on Delay of Payment procedure as they updated information about how to go about it when your payment is delayed, as they follow payment procedure
• Assures regularization of Payment before end of March
• Restates Commitment to Effective Service Delivery
BARAZA Multipurpose Cooperatives has allayed fears of its members on the recent delay of payment procedure, assuring that it would be regularized before the end of March, 2021.
The Cooperatives Society, in a statement attributed delay in payment in the past few weeks to alteration in payment procedure which scheduled payment of some members for 29th, 30th and 31st February whereas month ends on 28th thereby altered the payment procedure for about 3 to 4 days which eventually resulted in delay of payment as experienced by some members.
In spite, of this development, the statement added that payments are still ongoing while normal payment procedure would be regularized before end of March.
Members have no reason to entertain any fear, as the Managing Director would not engage himself in any act capable of tarnishing his image.
It was stated that the the Society is restructuring its payment policy with the aim of easing tension, as well decongesting crowd at the Corporate Headquarters and the various branches nationwide.
It noted with dismay the report linking the Cooperatives Society with ponzi scheme and cryptocurrency, adding that BARAZA Multipurpose Cooperatives Society is registered as a Cooperative Society and operating under tenets of its bylaws.
BARAZA is not a ponzi scheme neither do we trade in cryptocurrency as being peddled by the fifth columnists.
We are into online FOREX trade. The proceeds from the daily trading is being used for monthly payment of members up to 25% simple interest and up to15% compound interest as applicable”
It stated further that Baraza is neither a bank, Investment firm nor Financial Institution, submitting that it deals with members not investors with traceable addresses and responsible membership.
It would be recalled that the Managing Director, Arc. Miebi Bribena recently had virtual meeting with the members to discuss on the progress and challenges of the Cooperatives Society.
This development, as contained in the statement are further confirmation that Baraza Multipurpose Cooperatives Society is not a ponzi scheme.
The statement added that it was not unaware of the ploys of detractors to malign the image of Arc. Dr. Bribena through a unfounded rumour and spurious statements.
Describing Dr. Bribena as a man of integrity and God sent to deliver the people from shackles of poverty, the statement, therefore, urged the people to ignore rumour peddlers who are hell bent in tarnishing the image of Dr. Bribena.
Baraza Multipurpose Cooperatives Society has come to stay and the testimonies of its members are enough to silence doubting Thomases.
BARAZA Multipurpose Cooperatives has Allayed Fears Over members on Delay of Payment procedureTHE 3 TO 4 DAYS PAYMENT DIFFERENCE IS BEING REGULARISED SOON.