Yesterday the Some members of the national Assembly branded MMM a wonder bank and chargrd the Economic and financial crime commision to go after it primoters, but there are indications that EFCC may not be able to go after MMM promoters as they see them as people going about their own personal and private business
which is not illegal.
According to report from a source
in EFCC, MMM is not an unlawful business as such we cannot go after the promoters of MMM. Our questions to the National Assembly is ” What are we going to charge the promoters of MMM for? What law have they violated? What money has the system stolen?. All these and many more are questions that we need to consider before taking any actions.
MMM does not have any office in the country where we can go and ask for details about their activities. So our hands are tight. The source also went further to state that people who participate in MMM are doing so at their own risk. As such they would have themselves to blame for any negative outcome. It is not for us to tell them what to do with their money. Just as we do not stop people form investing on any legal business venture, we can
not stop people from participating in MMM.
which is not illegal.
According to report from a source
in EFCC, MMM is not an unlawful business as such we cannot go after the promoters of MMM. Our questions to the National Assembly is ” What are we going to charge the promoters of MMM for? What law have they violated? What money has the system stolen?. All these and many more are questions that we need to consider before taking any actions.
MMM does not have any office in the country where we can go and ask for details about their activities. So our hands are tight. The source also went further to state that people who participate in MMM are doing so at their own risk. As such they would have themselves to blame for any negative outcome. It is not for us to tell them what to do with their money. Just as we do not stop people form investing on any legal business venture, we can
not stop people from participating in MMM.
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