Merchant Sail Navy Warns Against Fraudulent Use of Organization’s Name, Threatens Legal Action

By DAPO OLAWUNI
Capt JohnLinus Okoronkwo, the CEO and Director General of the Merchant Sail Navy, has issued a public notice condemning the unauthorized use of the organization’s name by individuals and groups.
According to Okoronkwo, several individuals have been fraudulently using the name “Merchant Sail Navy” in various business transactions and activities without proper authorization.
Okoronkwo stated that some perpetrators have gone as far as falsely claiming to be members of the board of directors or outrightly misrepresenting themselves as the owners of the organization. In addition, he warned of false claims circulating that suggest the Merchant Sail Navy is for sale, which he vehemently denied.
“The name Merchant Sail Navy, which is duly incorporated under the Corporate Affairs Commission and approved by the Federal Ministry of Trade and Investment, is not for sale,” Okoronkwo clarified. He urged the general public to be cautious of such fraudulent claims and to report any suspicious activities to the relevant security agencies.
The Merchant Sail Navy chief further appealed to Nigerian security agencies to cooperate with his organization in tackling these fraudulent actions. “I will never sell my formation with its great vision and mission, which aims to positively impact Nigerians,” he affirmed.
Okoronkwo emphasized that his organization is actively pursuing relevant licenses to streamline its operations and enhance its members’ adherence to the Nigerian constitution. He called on those behind the fraudulent activities to stop using the Merchant Sail Navy’s name in unauthorized dealings and referred them to a previous publication in West Africa Business Newspaper from February 20, 2020.
In closing, Okoronkwo appealed to Nigerians to support the government’s efforts to make the country a safe place for all, urging collective action against fraud.