The creation of the Mavrodi Mondial
Moneybox in Kenya and Ghana, approximately 48 hours after its activities
in Nigeria was suspended for a month, has caused increased panic among
Nigerian MMM participants.
The wife of Chuddy Ugorji, a leading MMM
Nigeria promoter, Chiamaka Ugorji, attempted to calm nerves by writing
an open letter to participants, but this failed to reassure Nigerians
that their investments were safe.
Some individuals, on Monday in Abuja, shared their thoughts on the issue.
A civil servant, Charity Okafor, said “I
participated in the scheme twice by investing N500,000 and one million
naira respectively and I got my money back with the large interest.
“However, I felt I should not
participate in the scheme any longer and I am lucky I had people around
me who convinced me not to reinvest.
“I know I would have turned into a crazy woman if I had money there during this suspension.”
Ebube Okoh, a housewife, said that she
believed the launch of MMM in Ghana and Kenya had everything to do with
the Nigerian chapter.
He said, “According to the website, the
ban on withdrawals is due to negative reports by the media, heavy
workload experiences by the system, and an attempt to prevent problems
during the New Year.
“I, however, believe that they have run
out of people to get money from to pay back the large investments that
were coming into the system.
“I believe the money obtained in Kenya
and Ghana will be used to make up for the deficit in Nigeria, besides
both countries have higher currency values when compared to the Nigeria
naira.
“The launch in Ghana and Kenya can’t be a coincidence.”
Gregory Bello, an engineer, said “I have
money in the program but I am not as upset as other participants
because it is a small amount of money in comparison to others.
“The money I put in is the interest I
got from my last investment. I am one of those hoping the system comes
back in January for the sake of our sanity. I have friends who put in
millions of naira and have either suddenly fallen ill or are showing
signs of depression.
“I just pray that MMM Nigeria has not crashed because many people will commit suicide or turn crazy,” Bello said.
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