After a long period of silence which might not be too long after all, just one year, I have decided to lend my voice to the cry of those constantly writing me personally and on social media wanting to know the truth about Mavrodi Mondial Moneybox (MMM). As opposed to many voices who have been speaking out about MMM and its founder Sergey Mavrodi, I feel I am in a unique position perhaps more than any other Nigerian to talk on this subject.
This my treatise therefore is going to be a detailed presentation and analysis of why every Nigerian must begin to raise their voice against MMM and similar Ponzi schemes and pyramids in our nation. Since this is going to be a detailed and an analytical work, I will therefore like to break it down into seven significant parts. This first article is only introductory, after which there will be seven different parts that will convey my argument to those Nigerians who are willing to know the truth.
1. I AM A WITNESS.
I have been living in Russia the former Soviet Union for the past 30 years of my life. In 1997 I personally witnessed the emergence of Sergey Mavrodi and his MMM network. I have seen the results and devastations his activities have brought to millions of people in this part of the world, so I think my opinion deserves to be heard.
2. I AM COMPELLED BY MY PAIN.
Moreover, I as a pastor have been embroiled in a very strenuous court proceeding and scandal for the past eight years of my life connected to some of my members who were involved with dubious financial organizations similar to MMM. I will deliberate more on this below and why I think that every pastor in Nigeria must raise their voice against MMM and such schemes before it is too late. I am willingly coming forward to present my case as an example and a proof to why every Pastor needs to start a campaign against the MMM network before it backfires against them and their ministry.
3. TRAGEDY WAITING TO HAPPEN.
Nigeria unfortunately is a country where everybody is at first excited about tragedies waiting to occur. Before the tragedy actually comes knocking, every other person is excited and dismissive of the possibility. Meanwhile when the inevitable takes place, we turn it to a whole mass tragedy. Just last week the country witnessed such a tragedy when a church building in the southern part of Nigeria collapsed, with hundreds of Nigerians perishing as a result. Earlier, a similar tragedy occurred in a prominent church in Lagos. Yet the excitement in churches continued until another church tragedy struck. I will liken MMM to a similar tragedy waiting to happen. Only in this case the devastation will be much more disastrous for the nation as a whole.
4. THE TRAGEDY OF SILENCE
According to MMM statistics, there are already over three million Nigerians involved in MMM. The scope of this tragedy could possibly affect a large percentage of Nigerian homes and families. If it is not stopped on time, it is the same Nigerians who will be crying foul as to where the government was looking and why well-meaning Nigerians did not speak out to stop it.
The Only Thing Necessary for the Triumph of Evil is that Good Men Do Nothing – Edmund Burke
5. THE BLIND LEADING THE BLIND
The next reason I feel compelled to talk about this organization and its network in Nigeria is because of the Nigerian promoters of this scheme. I took my time to listen to their presentations on YouTube and I could not help but feel great compassion for them. Listening to them, I could clearly see that they themselves don’t know what they are involved in. It is amazing that it is these rather ignorant and gullible people that have brought in a greater number of even more gullible people, which poses a great danger to a large number of Nigerians. I wish to use this medium to try and appeal to their conscience to stop the impending danger.
In my in-depth analysis, I will be using the very same points they used in their presentation to open their eyes to see why this is a very dangerous scheme they are involved in.
6. MR. MAVRODI, LEAVE PRESIDENT BUHARI OUT OF THIS, I WILL PROVIDE ALL YOUR ANSWERS!
Another reason why I have now decided to speak out is because of the letter Sergey Mavrodi the MMM founder wrote to the authorities of Nigeria. It is very clear that Sergey Mavrodi is trying to treat our country and its leaders in the same stereotypical way Europeans treat Africans. In his letter, he raised some questions that he was asking the Nigerian government to provide answers to. President Buhari does not need to worry about providing him with any answer, I will provide all the answers to him - why his organization is a scheme and why it should not be tolerated in Nigeria.
7. “GOVERNMENT MIND YOUR BUSINESS” – REALLY?
Finally, I quite understand how much Nigerians have lost faith in their government and government agencies. However, it is foolish to disregard warnings from the authorized government agencies who are responsible for monitoring financial activities in the country. Unfortunately, despite stern warnings from the Central Bank of Nigeria and the financial regulatory commission, our people will rather neglect this with a spiteful response such as “mind your business.”
Dear friends, I hope you will look forward to reading the next seven parts of this article. Like I have mentioned earlier, each of these seven points mentioned above will be substantiated with tenable facts and arguments. I hope to release them on a daily basis.
FOR THE LOVE OF GOD, CHURCH AND NATION
By Pastor Sunday Adelaja
The BBBuzz is a youthful lifestyle destination bringing insightful perspective on art, business, fashion, music, travel, food and events from around the world with focus on Africa.
The mission is to shift digital media by telling untold stories, celebrating unsung heroes and unearthing modern day icons and the events that capture the millennial narrative.