News | Job Vacancy | Tv/Interviews | Scholarships | Educations | Entertainment | Biography | Got Talent's | Phones | Super Stories | Sports News | Comedies | Business | Relationship | Tech | Movies Series | Search
Posted by: Mr. Babatunde« on: November 16, 2016, 05:06:46 PM »The Economic and Financial Crimes Commission (EFCC) have announced that it has opened an investigation into the Mavrodi Mondial Movement (MMM) investment scheme. This comes after the House of Representatives issued an order for the EFCC to shut down the scheme and arrest its agents. The Public Relations Officer of the EFCC, Wilson Uwujaren, speaking to journalists on Wednesday said, “We can only arrest people based on the evidence that we have. The House made a resolution but the resolution is a public announcement. We have always been advising people not to patronize wonder banks because experience over time has shown that their activities are not sustainable.” “If you get involved in it, you will eventually get hurt. What we are currently doing is to sensitize people. We know people want to make quick money as a result of recession through this MMM. The unfortunate thing about this MMM is that it is not a Nigerian firm but we are looking at and we will still tell the media whatever we find out,” Uwujaren stated. The Central Bank of Nigeria has warned Nigerians to desist from investing in the scheme, branding it a Ponzi Scheme.
How Our Government is Addressing Unemployment Crisis-Governor Adeleke by Miss Ifeoluwa
[May 09, 2024, 04:38:20 PM] Top 10 Hip Hop & RnB Artists to Not Miss at The Governor’s Ball Festival 2024 by Mr. Babatunde [May 09, 2024, 03:36:01 AM] Shooting Outside Drake’s Toronto Home Leaves Security Guard Badly Injured by Mr. Babatunde [May 09, 2024, 03:19:46 AM] Gunna Reveals ‘ONE OF WUN’ Album Tracklist Feat. Offset, Normani, Roddy Ricch by Mr. Babatunde [May 09, 2024, 03:17:23 AM] Governor Adeleke Flags Off N14bn Flyover Bridge In Ile-Ife by Miss Ifeoluwa [May 07, 2024, 08:33:26 PM]
|