₦airaland Forum

seanwilliam:
you mean your 3 rounds 1500 mama? Kai nah..

Is that what your father told ur mother that I pay?. Because its ur father that collects the money before ur mothers back land on the ground

seanwilliam:
tell your papa to sharrap.

I don’t give a damn about anyone of dem btw..

I will whisper that to ur mother wen I see her this night

seanwilliam:
why are you sounding defeated??

Oga I will go and vote, sharrap and wait for election day so u can also cast ur single vote.

Because we will only do our part by voting our conscience not because our candidate must win but because we are part of enforcing the change we believe in. Whoever has the highest votes should win. But we have done wat we will be forever proud of.

The election results will reflect if Nigerians are really committed to saying no to suffering, if they are not, then let it continue. Some obidents can leave this country at anytime they wish to so its not a do or die

perezeghi:
If you're asking me a personal question then of course if I ever find myself being owed by a muslim then if I can't locate his place of residence then I'll meet him at the mosque he worship if that's what it will take for him to pay me.
Not all of us play that religion angle to folly. God is not a seller of religion. Religion is strictly and mainly man made to enslave true worshippers who have already been set free from the bondage of Satan.

Don't mistaken church for mosque. One false Alarm u will be with ur creator but with ur head hanging on one mallam stick
Any Maxwell is not in the church, so no need finding him there

ecolime:
Don't even think of it

Employment in the MDA below are reserved for children of Politicans.

NPR, NPA, DPR, NASRDA, CBN, FIRS, NCC , NDIC, DSS, EFCC, NNPC, etc.


Limited slots promised to Zombies and BATstards you see all over Nairaland na social media are below

LASTMA, LAWMA, VIO & FRSC.

And it's not even certain oo. It's subject to permanent review of their N30k propaganda job should incase their candidate win (God forbid BAT thing)

Wrong mentality bro. Whenever vacancies show up for those organisations u mentioned please apply. Many persons have gotten jobs there without knowing anyone. I know lots of them but of course people will always think it's not possible

einsteine:
Like I said, your knowledge is based on hearsay, not experience.

OK you are right

einsteine:
@ 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.

https://www.jumio.com/enhanced-due-diligence-banks/
This will help you

einsteine:
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).

We keep running around the same circle and u keep confusing EDD with AML act

Now time to get back to the main topic. If CE collected ur money or is responsible for ur loss, sue them because if they decide to sue u for constituting nuisance in their premises they will pay and that will be double loss. I rest.my case here

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.

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.

budaatum:
You can't easily deceive me into thinking that the North with all its jobless uneducated youthful alimanjeris are comfortable with Buhari.

To believe such nonsense I must first ignorantly deceive myself that the northerners are not human like me.

Northerners will still vote buhari for the 3rd term. They were all suffering when they voted him for a second term.

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

budaatum:
I think Southerners think the Buhari rain only fell on their southern heads. Thankfully here are Northerners saying they don't want Tinububu-2.0.

U are easily deceived. If buhari contests for a 3rd term he will comfortably win the north. So buhari is not the target, tinubu is

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?

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

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:
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

epondudu:
No, a dollar is 5Naira in my area and fuel is 60naira per litre.

Congrats oya go and save ur village people from hunger.

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

epondudu:
Igbos always make the wrong choice during elections, they are masters of economics they are terrible in politics. I hope they get it right this time around.

Its better they keep making the mistake rather than being a part and parcel of an evil government. I heard dollar is 400 naira I ur area and that fuel is 100 naira per liter

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

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

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

babaolofin:
Aiding & Abetting is a crime. Failure to assist the prevention of crime is a crime. I am sure one way or the other, they are crimes in Nigeria as well. The victims did not accuse Christ Embassy they only want Christ Embassy to help them to track the scammer who is a member.

From your statement, you are an accomplice to this fraud or you know Maxwell Odum the scammer. You want them to forget the money and move on, the money is gone. Some of those who lost their money are either dead or incapacitated. Your advice is that they should leave the scammer alone and forget the money, it is gone.

U sound dumb, really dumb. Allow people who want to worship God on sunday to worship God and stop disturbing them with useless protests. I lost millions there but I will hold my investment decisions responsible and allow security agents do their job

Better go and protest for efcc and leave the church alone.

perezeghi:
If the accused person is a duly dignified member of the church then let the church leadership do the needful according to their abilities. It's also certain that even members of the church are suffering from such fraudulent activities but they won't speak up. The church leadership should speak against such and expose any member defrauding others.

We all know that the security agencies will not go after the church.

Well said, but that doesn't warrant you disturbing innocent worshippers who are only going to worship their God. Can u go to a mosque dasuki or anyother Muslim looters built and try that nonsense

etrouble:
I think it is your generation that is cursed. Go and bring one of your brothers in prisons all over the world for drugs trafficking and human trafficking to come and contest nah.

This won't be our first time. We disgraced you in 2015, we humiliated you in 2019, but because you are too dull to learn how to play this game, we will still use the old tricks to humiliate you again in 2023

Can u post the election results from SW in 2011, 2015 and 2019 again let's see what exactly humiliation means in your dictionary

Aldol:
So many young people condemning Tinubu health are not as healthy as he is
You that you are saying Tinubu is too old, how sure are you that you will not die before him?
How sure are you that if you reach his age you can still be as healthy as he is?
Please let's be guided and careful

Go and tell that to your prospective employers when they demand for medical tests. Or tell that to them when you reach ur retirement age

freddie009:
That's why the western world is better. Even if a crime was committed 30 years ago with the offender dead the case will still be judged.

"Everyone should move on" this will encourage criminals because they believe with time everyone will move on. The Justice system doesn't work that way, the investors might not get their money but Maxwell has to be called to book.

Everyone should move on I meant us that they should spend their time focusing on more productive things rather than some.useless protest. Efcc and the police are already looking for the suspect and they will arrest him.once they know his whereabouts. He is not hiding in the church neither is the church responsible for searching for him

TheGift:
Yes. And That's different from just "moving on"

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

lexy2014:
So 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?

OK, the protesters should go and protest for efcc or the police to go after the person that ate their money, that is more productive than protesting in front of a church that will not do anything about it. A lot of robbers, fraudsters etc have their money in the church, some pay their tithes, why don't the government go after those churches when those fraudsters are arrested
Let God judge who is and who.is not just before him

TheGift:
Easy for you to say, go and say that to the 65 year old Woman who invested and lost most of Her gratuity and pension.

Let the woman go to the government. People lost their life savings in MMM, who are they going to hold. It is the government that should go and find Maxwell.