Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

MMM participants break into tears, protest unpaid investments

23 January 2017, 09:08

Asaba - Participants of controversial Ponrzi scheme Mavrodi Mundial Movement (MMM) in Delta State have protested their unpaid financial investments few weeks after the scheme resurfaced to abreast its overwhelming customers its readiness to pay those who invested their money.

The protesters, many of whom are market women and local traders including some youths in Asaba and its environs, on Sunday, were seen holding meeting on the way forward to recover their money.

The protesters , who rained curses on the MMM founder, broke into tears as they wept profusely that their money may be trapped.

Many of the angry participants, who spoke to Leadership said they were losing patience on the MMM promises that were never fulfilled few weeks after it claimed to have resumed in full swing.

Leader of the group, Felix Okafor explained that their patience snapped a week after resumption of service and promise to begin payment by MMM, adding that although, there was evidence that a few low-term investors had been paid, but thousands of others across the country, including those whose applications were yet to be attended to, have been running out of patience.

Also read: MMM may finally crash before the end of January

According to  Okafor, “We are running out of patience and our anger is on those brains behind the scheme for the frustration in accessing our funds,” alleging that there may be no hope on sight soon for their payments following the alleged fresh challenges the scheme claimed to have been faced with recently.

- News 24

NEXT ON NEWS24 NIGERIAX
&nbps;

Read more from our Users

Submitted by
Isaac Asabor263
Separating kitchen politics from ...

Like everyone else, I believe that the most popular definition of democracy is “government of the people, by the people and for the people”. Read more...

Submitted by
Bethel Tanifo
Ministry of Niger Delta Affairs, ...

Like NDDC Unlike MONDA. This notion is an intuition that does not portend political participation, affiliation, intrusion or aggression but a submission with the intention of completion of the previous administration's noble vision. Read more...

Submitted by
Bethel Tanifo
Nigerian Constitution versus Corr...

The problems of Nigeria is not in its conventional composition, formation, functionality, constitution or treaty, while the solutions are not disintegrations as promulgated by some faiths fanatics and bigotries.  Read more...

Submitted by
Abdulsalam Jubril
Much Ado about Trump’s Presidency

It was unbelievable when the social and mainstream media all over the world began airing the breaking news of Donald Trump’s victory in the most contentious US Presidential elections in recent years. Read more...

Submitted by
Mike Daemon
Nigerian author highlights gay ch...

A new novel by a prolific young Nigerian author features gay characters, which could help increase the visibility of the gay community and possibly lead to greater understanding of LGBT Nigerians. Read more...

Submitted by
Isaac Asabor263
Your Excellency, I will call you ...

Your Excellency, Governor Adams Oshiomhole, as a leader that pays attention to details, I understand that the odd title of this piece would definitely arouse your curiosity.  Read more...