The Economic and Financial Crimes Commission (EFCC) has confirmed its ongoing surveillance on the MMM investment scheme.

This was disclosed by the commission’s spokesman, Wilson Uwujaren during an interview with DAILY POST.

Uwujaren, however, said the House of Representatives cannot direct the EFCC to investigate the ‘wonder Bank’. He warned Nigerians, stating that there was big chance of desperate subscribers on such platforms of losing their investments.

He said: “We can only arrest people based on the evidence that we have. The House made a resolution but the resolution is a public announcement. We have always been advising people not to patronize wonder banks because experience over time has shown that their activities are not sustainable.

​
“If you get involved in it, you will eventually get hurt. What we are currently doing is to sensitize people. We know people want to make quick money as a result of recession through this MMM. The unfortunate thing about this MMM is that it is not a Nigerian firm but we are looking at and we will still tell the media whatever we find out”.

http://www.starsgist.com/efcc-commences-investigation-on-mmm-scheme-issues-strong-warning-to-nigerians/

Mahama Gandhi in one of his books, writes that seven habits would destroy us, one of them is 'WEALTH WITHOUT WORK'. Going by this assertion, he explains that making money through manipulation of market values, promoting individual without a legitimate business and benefiting from free government program. All these would lead to getting wealth without work.
Before going to MMM, historically, PENNYWISE was one of the creative destruction that most gullible Nigerians were victim.
Now to MMM, this so-called Wonder bank has failed in some countries in Africa. Then, we Nigerian should learn for them.
#IDontStandWithMMM
#IStandWithCBNandEFCC
#IStandWithRepFijabi

Them wan arrest half of Nigeria? I laugh in Algerians voice...Uhm.

Government dey biff guys onto sey dem don dey hamma.
Enemies of progress!

Very useless post. Keep lamenting while we keep receiving alert.