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"?

Seriously what will FG ,NAiraland, CBN gain at this period of their campaign of calumny against MMM, see if the govt is so sensitive about the plight of its citizens maybe we wouldn't have known any thing about MMM but at this stage of their campaigns against MMM is even quite risky as people are already in it due to govt lack of care to its citizens welfares so what happens to our investment when the govt / nairaland eventually win the war against MMM?? See this God forsaken ,good for nothing should just leave us alone with MMM as I am not ready to struggle for 500 slot of jobs with over 3millons unemployed graduates again.
God bless mavrodi

Hmm...

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...

I have made a profit 2.4m on this MMM thing
I still can't believe I took such big risk and it payed off. However. I am out of it for life. I don't have d mind again...

They are sponsoring media to cook up stories about MMM...all media websites are just locked on bad news from MMM. Nobody is bothered about how we reinvest the help into our businesses, for the growth of the economy.

Does the useless CBN that can't even control the naira want us to wait for them. God pass them!

No matter the story the financial houses, CBN and co. use the media to cook up. Its their own cup of tea. 2017 we would enter it in all fulfilment.

MMM has come to stay. They pulled it down with their lies in SA, it came back to life again and even paying back better than it started.

This is Nigeria, and MMM has come to stay. Mod's help us take it to front page, even though its not snake or breast topic. Thank you

this govt is trying by All possible means to impoverish the masses. planning the downfall of mmm which is the one of the major sources of ventilation for the people, at this time is sheer wickedness.

It will still crash. Shikenan

abuayman:
It will still crash. Shikenan

While you wait...I would notify you when it gets over 10million members next year and counting.