lexy2014:


How did Christ embassy not collect anybody's money? You earlier acknowledged that Christ embassy received 3billion naira as seed from Maxwell. Where did that money come from?

Christ embassy didn't collect money from investors. Go and hold the persons who collected ur money. So if he used the money to build a free school u will as well go and protest infront of the school

Zionmdde:

They should also move on because they will never recover that money. Its a bad investment, it is a bad debt. The fraudster should be brought to book, but the money is gone

Yes. They PROBABLY should move on. But for many, it's still easier said than done.

lexy2014:


You haven't answered my question. According to you pastor Chris collected 3billion from Maxwell in the name of seed without bothering to ask where he got the 3billion from but at the same time pastor Chris didn't vouch for him. How does that make sense?

Churches or charity organisations don't ask members where they get their money from that is why u will be arrested for partaking in a stolen money but Churches and charities will never get arrested unless it was a deliberate arrangement
Pastor Chris didn't collect that money, He gave the money as charity to Loveworld incorporated. Now learn how to dissociate an organisation from the CEO. Its not everything u treat from an emotional angle.
If Pst Chris is culpable, he would have been arrested since

TheGift:


Yes. They PROBABLY should move on. But for many, it's still easier said than done.

That what a bad investment means. You can't keep wailing over it

They should go and protest at the man's house

Zionmdde:

Christ embassy didn't collect money from investors. Go and hold the persons who collected ur money. So if he used the money to build a free school u will as well go and protest infront of the school

You didn't answer the questions asked. How did Christ embassy not collect anybody's money? You earlier acknowledged that Christ embassy received 3billion naira as seed from Maxwell. Where did that money come from?

lexy2014:


You didn't answer the questions asked. How did Christ embassy not collect anybody's money? You earlier acknowledged that Christ embassy received 3billion naira as seed from Maxwell. Where did that money come from?

How did Christ embassy collect ur money?
So if someone duped u, u will start looking for where he paid tithe or gave offering

Zionmdde:

Churches or charity organisations don't ask members where they get their money from that is why u will be arrested for partaking in a stolen money but Churches and charities will never get arrested unless it was a deliberate arrangement
Pastor Chris didn't collect that money, He gave the money as charity to Loveworld incorporated. Now learn how to dissociate an organisation from the CEO. Its not everything u treat from an emotional angle.
If Pst Chris is culpable, he would have been arrested since

Who talking about pst Chris being arrested? Is that the issue?

In the bible, is Christ embassy a charity organization or a church? What is the responsibility of a church in society as stated in the bible? Why shouldn't Christ embassy as a church ask people where they get the money they donate from? If banks query customers about sources of their funds, why should a church be non chalant about such?

Does loveworld inc run and own itself or it is run and owned by pastor Chris? Does loveworld inc make decisions itself? Who is ultimately responsible for the decisions made at loveworld inc?

How does all your excuses negate the following and answer the question asked...

You haven't answered my question. According to you pastor Chris collected 3billion from Maxwell in the name of seed without bothering to ask where he got the 3billion from but at the same time pastor Chris didn't vouch for him. How does that make sense?

Zionmdde:

How did Christ embassy collect ur money?
So if someone duped u, u will start looking for where he paid tithe or gave offering

You still haven't answer the questions asked. How did Christ embassy not collect anybody's money? You earlier acknowledged that Christ embassy received 3billion naira as seed from Maxwell. Where did that money come from?

lexy2014:


Who talking about pst Chris being arrested? Is that the issue?

In the bible, is Christ embassy a charity organization or a church? What is the responsibility of a church in society as stated in the bible? Why shouldn't Christ embassy as a church ask people where they get the money they donate from? If banks query customers about sources of their funds, why should a church be non chalant about such?

Does loveworld inc run and own itself or it is run and owned by pastor Chris? Does loveworld inc make decisions itself? Who is ultimately responsible for the decisions made at loveworld inc?

How does all your excuses negate the following and answer the question asked...

You haven't answered my question. According to you pastor Chris collected 3billion from Maxwell in the name of seed without bothering to ask where he got the 3billion from but at the same time pastor Chris didn't vouch for him. How does that make sense?

Pastor Chris is not ultimately responsible for the board decisions. U need to study a bit further about corporate laws relating to companies rather than arguing blindly. For ur info, banks don't query customers on their sources of income. Spare me the information of bank reporting to CBN or EFCC.

The bible us not our constitution, let God himself be a judge of that. Christ embassy did nothing illegal, if they did then go sue them. If they have committed a crime against God, then leave judgement for God

Zionmdde:

Pastor Chris is not ultimately responsible for the board decisions. U need to study a bit further about corporate laws relating to companies rather than arguing blindly. For ur info, banks don't query customers on their sources of income. Spare me the information of bank reporting to CBN or EFCC.

The bible us not our constitution, let God himself be a judge of that. Christ embassy did nothing illegal, if they did then go sue them. If they have committed a crime against God, then leave judgement for God

Can you show me where I made mention of the constitution? But if I did, so are you now saying that Christ embassy is not operating based on what the bible says? that's interesting...

You haven't answered the questions below....
In the bible, is Christ embassy a charity organization or a church? What is the responsibility of a church in society as stated in the bible? Why shouldn't Christ embassy as a church ask people where they get the money they donate from? If banks query customers about sources of their funds, why should a church be non chalant about such?

Does loveworld inc run and own itself or it is run and owned by pastor Chris? Does loveworld inc make decisions itself? Who is ultimately responsible for the decisions made at loveworld inc?

How does all your excuses negate the following and answer the question asked...

You haven't answered my question. According to you pastor Chris collected 3billion from Maxwell in the name of seed without bothering to ask where he got the 3billion from but at the same time pastor Chris didn't vouch for him. How does that make sense?

That guy is even very rude, I think he has some powerful politicians that they share the money all together because nobody is calling for his head or protesting. The likes of Dino, Davido are some of people who endorse the scheme.
A 27 or 28 years old guy. Duping people of billions. My money is also there.

olaboy33:
The Racksterli guy, must have serious backing.

I saw in in Lekki the other day with full escorts in two GWagons.

How no one is asking for their money after more than one year looks unusual.

Zionmdde:



The bible us not our constitution, let God himself be a judge of that. Christ embassy did nothing illegal, if they did then go sue them. If they have committed a crime against God, then leave judgement for God

Baba don throway bible but he is expecting God to judge what do you want God to use to judge? Is it the constitution?

Maxwell Odum is chilling in the carribean.

Zionmdde:

Pastor Chris is not ultimately responsible for the board decisions. U need to study a bit further about corporate laws relating to companies rather than arguing blindly. For ur info, banks don't query customers on their sources of income. Spare me the information of bank reporting to CBN or EFCC.

The bible us not our constitution, let God himself be a judge of that. Christ embassy did nothing illegal, if they did then go sue them. If they have committed a crime against God, then leave judgement for God

Stop chatting rubbish.

Banks query about the source of funds.

It is called EDD.

Enhanced Due diligence.

Sounding stupid in an attempt to defend your gods of men.

As a Christian, what you should be asking is will Jesus do this? Not any of the nonsense you are saying. Will Jesus who you say is the Christ accept money that was stolen two times in a row? Maxwell Odum's billion naira donation were made with great publicity and fanfare.


Any organisation receiving such should do due diligence and for one that claims to be a religious organisation, shouldn't they have the "spiritual discernment" to know that the money was stolen?

einsteine:


Stop chatting rubbish.

Banks query about the source of funds.

It is called EDD.

Enhanced Due diligence.

Sounding stupid in an attempt to defend your gods of men.

As a Christian, what you should be asking is will Jesus do this? Not any of the nonsense you are saying. Will Jesus who you say is the Christ accept money that was stolen two times in a row? Maxwell Odum's billion naira donation were made with great publicity and fanfare.


Any organisation receiving such should do due diligence and for one that claims to be a religious organisation, shouldn't they have the "spiritual discernment" to know that the money was stolen?

Enhanced due diligence is not querying the source of a customer's income, it is rather a risk management process. If I deposit 100 million into my account today, no bank will call me to ask me anything, rather they channel the query to the right security agencies who has the right to or to not to investigate.
I guess u don't know how Maxwell made his donation, it wasn't public, it's the same way people make transfers into church accounts. So if I transfer 10million for a church project u expect them to call me on phone and start adking questions? What laws on charitable organisations do u even know

I handle legal aspects of contracts worth millions though am not a lawyer. In the eyes of the law, Christ embassy is not guilty. If u go public and accuse CE of collecting ur money and they sue u, the case won't even last long

Talking about spirituality then protest to God and stop disturbing people who go to worship their God. I lost millions in MBA doesn't make me support disturbing people when expressing their freedom of worship. If u want yo be objective be objective, if u want to be emotional, be emotional stop combining the both

lexy2014:


Baba don throway bible but he is expecting God to judge what do you want God to use to judge? Is it the constitution?

If u want God to judge then preent the case to him in prayers, protesting and obstructing people going to worship God is not the way to present the case to God.
If u want justice from authorities then channel the petition in the right corner

Zionmdde:

If u want God to judge then preent the case to him in prayers, protesting and obstructing people going to worship God is not the way to present the case to God.
If u want justice from authorities then channel the petition in the right corner

Oga, you haven't answered my questions...

Baba don throway bible but he is expecting God to judge grin grin what do you want God to use to judge? Is it the constitution? grin cheesy

lexy2014:


Oga, you haven't answered my questions...

Baba don throway bible but he is expecting God to judge grin grin what do you want God to use to judge? Is it the constitution? grin cheesy

Den make a little more sense with ur question. Are they protesting for God to judge? Or for church to give them back their money?

Zionmdde:

Den make a little more sense with ur question. Are they protesting for God to judge? Or for church to give them back their money?

You still haven't answered the simple questions...

Baba don throway bible but he is expecting God to judge grin grin what do you want God to use to judge? Is it the constitution? grin cheesy

Zionmdde:

Enhanced due diligence is not querying the source of a customer's income, it is rather a risk management process. If I deposit 100 million into my account today, no bank will call me to ask me anything, rather they channel the query to the right security agencies who has the right to or to not to investigate.
I guess u don't know how Maxwell made his donation, it wasn't public, it's the same way people make transfers into church accounts. So if I transfer 10million for a church project u expect them to call me on phone and start adking questions? What laws on charitable organisations do u even know

I handle legal aspects of contracts worth millions though am not a lawyer. In the eyes of the law, Christ embassy is not guilty. If u go public and accuse CE of collecting ur money and they sue u, the case won't even last long

Talking about spirituality then protest to God and stop disturbing people who go to worship their God. I lost millions in MBA doesn't make me support disturbing people when expressing their freedom of worship. If u want yo be objective be objective, if u want to be emotional, be emotional stop combining the both

Has anyone said Christ embassy is guilty?

Whether EDD entails banks querying customers directly or through security agencies, bottom line is that banks are trying to ensure that it's vaults dont house monies from questionable sources.

If you agree that banks carry out EDD on their customers to ascertain the source of funds of their customers, why would a church be non chalant about the source of funds of a member who donates 3billion naira?

But I thought you said the bible isn't relevant in this matter? Why are you still calling God?

Zionmdde:
Rubbish and sauce
Christ embassy did not collect anybody's money they should go and rest. Have they protested about MMM?
Pst Chris during one of his programmes warned people about that kind of scheme. They should move on.
Me I lost millions there too, but I have made many more. I am not defending certain thing about Christ embassy but everyone should move on.

My thoughts exactly! They didn't invest in Christ Embassy and I don't think MBA had a branch inside Christ Embassy building.
Maxwell is/was a member just as any other person is. So they should all stop their nonsense and take the protest elsewhere.

Zionmdde:
Rubbish and sauce
Christ embassy did not collect anybody's money they should go and rest. Have they protested about MMM?
Pst Chris during one of his programmes warned people about that kind of scheme. They should move on.
Me I lost millions there too, but I have made many more. I am not defending certain thing about Christ embassy but everyone should move on.

Pls teach how to make money bro. Pls help a brother Here is my mail.

Radianthoneys@gmail.com

Vintage100:


Pls teach how to make money bro. Pls help a brother Here is my mail.

Radianthoneys@gmail.com

Sorry bro, I have nothing to teach u. Look at yourself, look at ur strength,look at ur environment, put away shame. While at it, keep God very close. Give yourself 2 years and mention me again

lexy2014:


Has anyone said Christ embassy is guilty?

Whether EDD entails banks querying customers directly or through security agencies, bottom line is that banks are trying to ensure that it's vaults dont house monies from questionable sources.

If you agree that banks carry out EDD on their customers to ascertain the source of funds of their customers, why would a church be non chalant about the source of funds of a member who donates 3billion naira?

But I thought you said the bible isn't relevant in this matter? Why are you still calling God?

EDD doesn't ensure that monies come from a clean source, it is a financial risk assessment to ensure banks do not invest in businesses or ventures with high risk of losing their money. They can carry this out using their risk assessment department or using a credit risk scores reported by a 3rd party contractor.

I am only asking u to stick to one narrative
If u want to go the legal way, do the right thing by suing CE or protesting in front of efcc. If u want to go spiritual, bend ur knees and ask God for judgement
Whichever way u wish to go, protesting infront of a church and disturbing the peace of worshippers isn't one of them because you are restricting them for enjoying their civil rights, you are also constituting a nuisance of which u can be sued to court for.

Zionmdde:

EDD doesn't ensure that monies come from a clean source, it is a financial risk assessment to ensure banks do not invest in businesses or ventures with high risk of losing their money. They can carry this out using their risk assessment department or using a credit risk scores reported by a 3rd party contractor.

I am only asking u to stick to one narrative
If u want to go the legal way, do the right thing by suing CE or protesting in front of efcc. If u want to go spiritual, bend ur knees and ask God for judgement
Whichever way u wish to go, protesting infront of a church and disturbing the peace of worshippers isn't one of them because you are restricting them for enjoying their civil rights, you are also constituting a nuisance of which u can be sued to court for.

If EDD isn't carried out to ensure that the source of funds is legit, why then did you say banks carry out EDD through security agencies? Can you pls name the security agencies banks use in carrying out EDD?

What is the risk assessment they carry out in EDD using security agencies? What AML act and how do banks enforce AML act?

You still haven't answered the following questions...

If you agree that banks carry out EDD on their customers to ascertain the source of funds of their customers, why would a church be non chalant about the source of funds of a member who donates 3billion naira?

But I thought you said the bible isn't relevant in this matter? Why are you still calling God?

The official who spoke on behalf of Christ embassy clearly doesn’t know what the temple of God is

lexy2014:


If EDD isn't carried out to ensure that the source of funds is legit, why then did you say banks carry out EDD through security agencies? Can you pls name the security agencies banks use in carrying out EDD?

What is the risk assessment they carry out in EDD using security agencies? What AML act and how do banks enforce AML act?

You still haven't answered the following questions...

If you agree that banks carry out EDD on their customers to ascertain the source of funds of their customers, why would a church be non chalant about the source of funds of a member who donates 3billion naira?

But I thought you said the bible isn't relevant in this matter? Why are you still calling God?

I didn't tell you banks carry out EDD using security agencies. They have a risk assessment department responsible for that, there are also some credit risk assessment companies that offer such services. EDD doesn't not determine the source of income, it only ascertain the level of financial risk a possible partner (not customer) can pose. It is determining if the person is credit worthy. This can be done using the person's balance statements, inflows and outflows etc

Now this is not the bank trying to find out if a customer's money is legit, it is trying to find out what is their risk of losing money when they invest into a business or enter a partnership.

It is different from money laundering act where banks are required to report (and not investigate) any deposit or inflow above certain threshold. Its left for CBN to forward that to efcc or something like that

In the eyes of the law Christ Embassy is a charitable organisation, and as such they can receive funds from any source. They have no legal powers to research the source of these funds. Even banks will not grant them any access to records. Now churches handle projects worth billions, tell me how they will go and start finding the sources of those donations one after the other. They are only culpable where there are pre arrangements to embezzle funds through them

Mind u, Maxwell didn't donate 3 billion bulk sum, infact that figure is estimated and just a rumour. He donated that money through monthly commitments in different arms of the church partnerships. I am not saying Christ Embassy did the right thing concerning this matter either but they are not legally responsible for anything

In some countries fraudulent monies are remitted to charity Organizations.

I thought they moved on.

Zionmdde:

I didn't tell you banks carry out EDD using security agencies. They have a risk assessment department responsible for that, there are also some credit risk assessment companies that offer such services. EDD doesn't not determine the source of income, it only ascertain the level of financial risk a possible partner (not customer) can pose. It is determining if the person is credit worthy. This can be done using the person's balance statements, inflows and outflows etc

Now this is not the bank trying to find out if a customer's money is legit, it is trying to find out what is their risk of losing money when they invest into a business or enter a partnership.

It is different from money laundering act where banks are required to report (and not investigate) any deposit or inflow above certain threshold. Its left for CBN to forward that to efcc or something like that

In the eyes of the law Christ Embassy is a charitable organisation, and as such they can receive funds from any source. They have no legal powers to research the source of these funds. Even banks will not grant them any access to records. Now churches handle projects worth billions, tell me how they will go and start finding the sources of those donations one after the other. They are only culpable where there are pre arrangements to embezzle funds through them

Mind u, Maxwell didn't donate 3 billion bulk sum, infact that figure is estimated and just a rumour. He donated that money through monthly commitments in different arms of the church partnerships. I am not saying Christ Embassy did the right thing concerning this matter either but they are not legally responsible for anything

In some countries fraudulent monies are remitted to charity Organizations.

These are you exact words:

"Enhanced due diligence is not querying the source of a customer's income, it is rather a risk management process. If I deposit 100 million into my account today, no bank will call me to ask me anything, rather they channel the query to the right security agencies who has the right to or to not to investigate."

So let's try again:

If EDD isn't carried out to ensure that the source of funds is legit, why then did you say banks carry out EDD through security agencies? Can you pls name the security agencies banks use in carrying out EDD?

What is the risk assessment they carry out in EDD using security agencies? What AML act and how do banks enforce AML act?

You still haven't answered the following questions...

If you agree that banks carry out EDD on their customers to ascertain the source of funds of their customers, why would a church be non chalant about the source of funds of a member who donates 3billion naira?

But I thought you said the bible isn't relevant in this matter? Why are you still calling God?

Zionmdde:

Enhanced due diligence is not querying the source of a customer's income, it is rather a risk management process. If I deposit 100 million into my account today, no bank will call me to ask me anything, rather they channel the query to the right security agencies who has the right to or to not to investigate.
I guess u don't know how Maxwell made his donation, it wasn't public, it's the same way people make transfers into church accounts. So if I transfer 10million for a church project u expect them to call me on phone and start adking questions? What laws on charitable organisations do u even know

I handle legal aspects of contracts worth millions though am not a lawyer. In the eyes of the law, Christ embassy is not guilty. If u go public and accuse CE of collecting ur money and they sue u, the case won't even last long

Talking about spirituality then protest to God and stop disturbing people who go to worship their God. I lost millions in MBA doesn't make me support disturbing people when expressing their freedom of worship. If u want yo be objective be objective, if u want to be emotional, be emotional stop combining the both

@ bolded, you obviously don't know what you are saying. If you have any inkling what the compliance department requires from account officer, you won't say that.

EDD includes knowing the profession, career or business of the beneficiary owner of the account. Inflows must be explained. How can you even boldly write that the bank will not ask you for the source of your inflow? That calls the rest of your post into question as you are clearly lying about your experience. Any one who has been in a situation involving significant funds (either as a customer or a bank worker) know that you must explain inflows that are huge.

Zionmdde:

I didn't tell you banks carry out EDD using security agencies. They have a risk assessment department responsible for that, there are also some credit risk assessment companies that offer such services. EDD doesn't not determine the source of income, it only ascertain the level of financial risk a possible partner (not customer) can pose. It is determining if the person is credit worthy. This can be done using the person's balance statements, inflows and outflows etc

Now this is not the bank trying to find out if a customer's money is legit, it is trying to find out what is their risk of losing money when they invest into a business or enter a partnership.

It is different from money laundering act where banks are required to report (and not investigate) any deposit or inflow above certain threshold. Its left for CBN to forward that to efcc or something like that

In the eyes of the law Christ Embassy is a charitable organisation, and as such they can receive funds from any source. They have no legal powers to research the source of these funds. Even banks will not grant them any access to records. Now churches handle projects worth billions, tell me how they will go and start finding the sources of those donations one after the other. They are only culpable where there are pre arrangements to embezzle funds through them

Mind u, Maxwell didn't donate 3 billion bulk sum, infact that figure is estimated and just a rumour. He donated that money through monthly commitments in different arms of the church partnerships. I am not saying Christ Embassy did the right thing concerning this matter either but they are not legally responsible for anything

In some countries fraudulent monies are remitted to charity Organizations.

Just stop.

Your knowledge of banking is based on hearsay.

EDD is not related to credit worthiness check. Credit analysis and compliance are two different things.

EDD is an extension of KYC that is done for PEPs and higher value and higher risk transactions. For example, a student opens an account and he presents all required account opening documents to ensure full operation. After three months of five figure inflows, he suddenly gets a deposit of 70 million. He will be asked to provide evidence for the source of funds. EDD will also be done to see if this is a one time transaction or an ongoing process that will require the student to be profiled differently.

It is strange to see you repeating that banks don't ask you for source of funds when it is even customary for small transactions these days (due to the CBN's anti-crypto trading policy).