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Help In Recovering Money - Business - Nairaland

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Help In Recovering Money by smartkid(m): 12:54pm On Aug 23, 2013
I was in a business relationship with a guy. We did a simple MOU to that effect. He scouts for the supply of petroleum products, I finance it, he executes it, he follows up the payment, and we share the profit. We've done that a few times. But a certain transaction was taking unnecessarily too long, so after a while I called for my money. After much asking he eventually said there was an issue with the truck, and the quality of the petroleum product, and some other funny stories. It's been two years now and I haven't gotten back my money. The amount is about N3m. I reported the matter to the police, but nothing came out of it. He always says he doesn't have the money, but he'll pay me as soon as he gets some money.

Please how else can i recover my money? Are there loan sharks that can pay me off a percentage and sort out the rest with the guy?

Thanks.
Re: Help In Recovering Money by i1: 1:31pm On Aug 23, 2013
Woah! Seems like u need to take him to court, get a judgement then enforce it! Ps: what kind of relationship did you guys have as described by the M.O.U? Investor? Partners?
Re: Help In Recovering Money by smartkid(m): 1:42pm On Aug 23, 2013
It's just a simple MOU i wrote myself and we signed with witness. He's not denying it anyway. However I don't like the court matter as i think it can take forever for me to get my money complete.
Re: Help In Recovering Money by profyle: 11:56pm On Sep 01, 2013
My firm is specialized in debt recovery matters among other issues,going to court Is not as scary as it sounds and won't take forever however the sooner we start the prcess d better contact me barr gabriel on08164021040 I'm based in abuja
Re: Help In Recovering Money by emal22: 1:17pm On Sep 07, 2013
You went to police and nothing happened.That will tell you the matter is not as simple as it seems.
You can speak to me : 08138095041

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