MMM Nigeria Subscribers Set To Legalise Scheme As They Set To Meet National Assembly

The controversial Ponzi scheme, Mavrodi Mondial Moneybox (MMM), Nigeria subscribers are undaunted despite temporary closure of the operations as they plan to meet with the House of Representatives’ committees on finance and banking and currency to seek for government’s recognition of the scheme.

The MMM community in Abuja, which is coordinating the planned meeting, said it hopes to submit a proposal for the amendment of the Banking and Other Financial Institutions Acts (BOFIA) to legalise the operations of the scheme and similar money initiatives in the country.

A member of the steering committee of the MMM community, Chief Mike Chukwuma, who told New Telegraph, that MMM has helped immensely in easing the pains of recession.


He said instead of discouraging Nigerians from participating in the financial self-help scheme, the government should rather legalise its activities so that it could be monitored and regulated.

Recall that theHouse of representatives had, in November last year, passed a resolution seeking the abolition of the financial policy and probe of its promoters in the country.

The resolution was sequel to the adoption of a motion moved by Saheed Akinade Fijabi (APC, Oyo) who lamented the widespread acceptance by Nigerians of the unregulated scheme, established in 1989 by three Russian nationals with a promise that participants would make 30 per cent on investment after 30 days.

http://www.newshelm.com/2017/01/mmm-nigeria-subscribers-set-to-legalise.html

cc lalasticlala

Dem case be like person wey dey take style do yahoo yahoo but still wan go police station for permit to operate full time.

Funny dudes.

Sure im no MMM subscriber. Im not supposed to give a fu..k, yet im gonna do. Not because i have enough to gv but i know some people here really need it.

Btw, MMM die, hin no die..... KOKAN AYE!



ANYWAYS...



Drabeey was HERE



Yet.......

MMM till trumpet sounds.Haters should go and boil beans.I provided help on Dec 3 and I cashed out today

since some of de national Ass. members participated in MMM, am sure they will be glad to legalize de ponzi scheme, some will push so hard for it to be legalized even though they don't understand de details, eg,(dullards and brothers)...MMM will then go back and resharpen their knives...by de time they strike next, Nigeria will declare 1week mourning...maybe public Holiday as well.."stubborn fly dey follow dead body enter grave"

nero2face:
since some of de national Ass. members participated in MMM, am sure they will be glad to legalize de ponzi scheme, some will push so hard for it to be legalized even though they don't understand de details, eg,(dullards and brothers)...MMM will then go back and resharpen their knives...by de time they strike next, Nigeria will declare 1week mourning...maybe public Holiday as well.."stubborn fly dey follow dead body enter grave"

Hahahahahaha... Your comment too funny. I no even know wetin to tell you..

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