MMM crackdown: Nigerians invoke ‘wrath of God’ on Dogara, others

Strong condemnation has trailed the directive by the House of Representatives mandating the EFCC and the Central Bank of Nigeria to immediately go after the promoters Mavrodi Mondial Moneybox, otherwise known as ‘MMM’ in Nigeria.

House of representatives

The House of Reps has directed the EFCC, security agencies and the CBN to take urgent steps to halt MMM Nigeria before many Nigerians would become victims of the scam.

The House had on Wednesday, November 9, opposed the MMM Nigeria which has gained popularity among Nigerians in the wake of the current economic recession in the country.

READ ALSO: FG set to shut down MMM in Nigeria, Nigerians react

The MMM promises 30 per cent return on investment for any money put into the scheme within 30 days.

The investment scheme has a Russian origin and involves directing clients to make money available for an anonymous person with a promise of 30 per cent return within one month.

But, the lawmakers described the scheme as a “scam” and warned Nigerians not to be carried away by the “mouth-watering” returns on investments.

googletag.cmd.push(function () {
googletag.display(“div-gpt-ad-1466009690089-0”)
});

READ ALSO: Man cries out over alleged scam by MMM

They have now directed the EFCC, security agencies and the CBN to take urgent steps to halt the scheme before many Nigerians would become victims of the scam.

But the House directive to securities agencies has received a backlash from several Nigerians who rained abuses on the lawmakers for allegedly trying to stop MMM Nigeria

The aggrieved Nigerians queried why the lawmakers abandoned several pressing issues in Nigerian for a trivial issue like MMM and called on the legislators to open invstigation on the alleged budget padding against speaker of the Yakubu Dogara and other principal officers of the House.

See reactions below:

What is your take on this, is the crackdown on MMM for the good of Nigerians?

The post MMM crackdown: Nigerians invoke ‘wrath of God’ on Dogara, others appeared first on Nigeria News today & Breaking news | Read Naij.com 24/7.

Source: New feed

About the Author

kellhub
Kelly is a shy and lifestyle blogger addicted to new things, a die hard ManUtd fan, loves music and a good dancer but also a terrible singer .......winks.........

Be the first to comment on "MMM crackdown: Nigerians invoke ‘wrath of God’ on Dogara, others"

Leave a comment

Your email address will not be published.


*