Business News of Friday, 13 May 2016

Source: Concerned Association of Nigerian Professionals in Ghana

Re: Futurepip Ghana Ltd, another Piram

It was only few days ago that we stumbled on an article purportedly sponsored by a non-existent group, indeed a fraudulent one tagged: “Association of Futurepip Victims”.

Published in a one month old blog dubbing itself as AkwabaNaijablog which research would later reveal is operated by one Sierra Leonean-Nigerian, Williams Freeman; himself a sacked staff of FUTUREPIP for non-performance as marketing manager from the period of May 2015 to Febuary,2016, the article and other related articles typically represent what have characterised decades of bad blood against Nigerians in Ghana and the Diaspora, often dominated with sheer beer parlour rumours, baseless and with lack of any proof.

FUTUREPIP is a customer-centric one stop on-line brokerage services solution for global clients that expect exceptional, personalized client services, unrivaled trading tools and state-of-the-art trading software.

The company is a clear choice for the beginner or experienced individual investor, introducing broker, CTA, institutional investor, fund manager or corporate institution looking to safely and securely invest, hedge or speculate in Foreign Exchange, Precious Metals, Futures, Options, CFDs and virtually every financial instrument.

As a company, FUTUREPIP provides execution of trades on all principal exchanges and markets 24 hours a day with access to all global exchanges through key market-making relationships in major financial centers including New York, Chicago, London, Hong Kong, Singapore and Dubai. Products offered include futures, options, foreign exchange and CFDs, but can vary according to local regulatory requirements. And holds accreditation in several markets across the world also.

FUTUREPIP launched its operation in Ghana on the 7th of March 2013 fully incorporated both in Ghana and Belize. It has so far trained over 10,000 Ghanaians on the global market and how to be profitable on forex trading from Junior High to Tertiary students.

A lot of jobs and opportunities are created for Ghanaian communities through the series of programs FUTUREPIP has organized. More awareness on the global market trading are being created through FUTUREPIP with consistent uninterrupted free seminars, workshops and online webinars in Ghana and across other African sub-Sahara countries. As significant and strategic as this company is to the Ghanaian economic fabric, it is this same company that Mr. Williams Freeman could comfortably sit and churn out all the falsehood contained in his spurious article.

Most terrifying is that the said Williams Freeman sponsored article had linked the company (FUTUREPIP) with the infamous Tanko Rahman Shadow-Pyram 1996 scheme which would later resurface years after in a similar fashion operated by the Individual Development Organisation (IDO) Ghana, an NGO, and a non-banking financial service.

For purposes of clarification, let it be stated categorically, that there is a parallel line between the Pyram scheme and the operations of FUTUREPIP. While the Pyram was an obvious Ponzi scheme busted, FUTUREPIP is a Forex brokerage that provides varieties of award winning trading platforms to its numerous users and as every other Forex brokers across the world are, earns through commission (SPREAD).

Properly regulated since its inception in Ghana, the company has committed itself to best practices obtainable in the industry and gained public trust through a highly experienced team managing the firm to constantly provide topnotch service to its numerous clients across the globe.

FUTUREPIP is partly owned by an equal Nigerian-Ghanaian partnership with other foreign stakeholders from the UK and USA. The company is currently headed by Mr. Micheal Lampety, having been appointed as the Managing Director of the firm.

It is also worthy of note, that FUTUREPIP is an award-winning brokerage service firm licensed to operate under the prescribed laws in the said sector.
In 2013, the company launched the White Label Programme in Accra, a world-class on-line trading software which enables organisations and individuals brand themselves on its MT4 platform with their logos and without the expense of having their own Metatrader infrastructure. Described as globally phenomenal, the platform provides a wider market for trade opportunities for financial service providers such as banks, import and export businesses, real estate companies, commodities and all businesses.

As a customer-centric one stop on-line brokerage services solution for global clients that expect exceptional, personalized client services, unrivaled trading tools and state-of-the-art trading software, FUTUREPIP has gone on since its inception in Ghana to employ dozens of Ghanaians.

The said Williams Freeman who is now sponsoring a bad blood article against FUTUREPIP had until few months ago been under the employment of the company.

Mr. Williams Freeman who had been fired for non-performance and gross misbehavior contrary to the company’s working ethics and policy, said not to have even been able to meet a meagre 10% of his target since being employed by the company, had been asked to go, having been a persistent liability to the company, receiving monthly salary to the tune of one Thousand Five Hundred Ghana cedis and owing debts out of monies borrowed from the company. In one instance, he had also been found collecting money from people in the name of getting them Sierra Leonean passport in Ghana at the cost of $400 USD.

In as much as the said Mr. Williams may have whatever clandestine scores to settle with FUTUREPIP after being fired for non-performance, it is important to state that he cannot do so by unilaterally labelling Nigerians as criminals simply because he was asked to leave the company by the Human Resource Manager after several reminders to him of his task sheet in the company with the approval of the Board of Directors.

A man of Mr. William’s character should even be the last person to be a moral policeman to anybody. Especially where our investigations have revealed Mr. Williams Freeman of faking nationality to three countries within West Africa. Within last year, the said Mr. Williams had also lied to his entire friends and family of relocating to Australia and Canada only to return to Ghana six months later with investigations revealing he had been deported from Botswana following certain questionable transactions in there.

Nigerian related companies in Ghana, including credible ones like FUTUREPIP have over the years formed part of the bedrock of the Ghanaian economy, competently falling into the category as one of Ghana’s most strategic foreign investors. And we would consider it a direct affront to the Nigerian state entirely to have individuals like Williams Freeman, who at some points even claims to be a Nigerian, blatantly come out to disparage the name of the country.

Despite often playing the “big brother” role to Africa and the entire black race for decades, it is unfortunate that men like Williams Freeman have never at any point seen reasons to respect Nigeria. Their job have been to step in where the task of deliberately painting Nigeria in a negative light for no single rational reason becomes relevant.

It is a role that we want to make very impossible for people like him. And we would take matters like this to any level, including the highest point of government to government involvement through the Nigerian High Commission in Ghana, making sure that individuals like Williams Freeman are not free to drag the glorious reputation of Nigeria to pigs and endeavoring that they pay for such actions legally.

(This article was written by the Concerned Association of Nigerian Professionals in Ghana, CANP-GH)