Open Letter from Sergey Mavrodi to the Nigerian Authorities

Honorable authorities,

So far MMM has come under a constant attack from you. In this regard, I would like to ask you a few simple questions. Since you are concerned with the interests of millions of your fellow citizens, I hope that you would be so kind to answer them.

1. What are you trying to get? Do you want the MMM System to collapse and millions of people to suffer? Who will support them then if now MMM is their only means of livelihood? Will you? You even don’t pay wages to people? Or might you not care about them? Might you be using a trendy topic to make a good name for yourselves? What will you say to a mother who will have no money to buy food for her child? Will you let her child die for the sake of the higher interests of the economy?

2. You say that MMM is a scam. What is the scam here, if all members are warned in advance about all the risks, the possible and impossible ones? They know there are no investments at all. The warning is a red text on a yellow background placed on most prominent place of the website.

3. You say that MMM is bad. Why? Yes, it produces nothing, but nothing gets out of the country either. The money is just redistributed among the citizens of Nigeria. It gets from those who are richer to poorer ones, in this way restoring social justice. What''s wrong with that?

4. You have repeatedly stated that "it should be investigated!.. researched!.." It means you know nothing about this System yet; you even haven’t understood how it works. Isn’t it completely irresponsible of you to make all these allegations and play with the lives of millions of ordinary people?

5. And finally. If you know what is right for people, why is the life so bad in the country?

Sincerely yours,

Sergey Mavrodi

P.S. As for your statement that "everything will collapse soon". The system has been working in Nigeria for a year, and according to your estimates, the total number of members now is about 3 million people. In Nigeria the population is approximately 195 million. Can you calculate? Will it be “soon"? :-))

Stuffs like this won't make FP

Oya Mr Dullard answer or will you need an interpreter?

I think Mavrodi should have just been silent on the whole matter just as he has been all the while. Don't forget that silence is the best answer for fools. However, he has said the bitter truth.

Pls dearest Mr Mavrodi all correspondent to Nigeria should be address in Hausa and forwarded to mr Dullardihno. Thanks

Long live MMM

Valid points no doubt, but.

1. MMM will definately collapse, this has been proven in other countries. Mr. Mavrodi is concerned that if the Nigerian government closed down the site, funds of about 3 million people will be lost. MMM is raising by number everyday, its better it get shuts down now, than having to collapse with funds of 30 million people. And No, MMM is not their only source of income, they have been surviving.

2. Yes it comes with a warming, so does pornography (18+), prescription drugs, hard drugs. So no, having a warning is not a justification, to just let it carry on its activities. The government still have a responsibility to make sure substances in any form that are not suitable for the citizens are checked.

3. The Naira is a property of the Federal government of Nigeria, and no unlicensed instistution (in whatever form) have the right to "redistribute it"

4. The Nigerian government is a responsible one, so rather than make a hasten decision, it has dedicated, manpower, time and funds to investigate the activities of MMM, shouldn't that be commended? and if you have nothing to hide, then why being jittery?

5. Life is bad everywhere in the world, the government is just making sure MMM doesn't fold with hundreds of Billions of dollars as it did years ago.


P.S, yes they have done the calculation and if MMM is to collapse after over 190 million Nigerians have registered, then the effect would be devastating....

Nigerian governments are terrible human being.

ah! the devil himself has spoken! It will be soon Sergei mavrodi, it will be very soon!