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MMM Issues Fresh ‘Freezing’ Threat To Participants

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The popular ponzi scheme, Mavrodi Mondial Moneybox (MMM) on Wednesday issues fresh threats to its participants as it announces freeze on some Mavros.

The pyramid scheme said it planned to launch the new rules which will “stop the growth of confirmed Mavros acquired before the 1st of January 2017’’.

It  also added that it will freeze the bonuses received before the 1st of January 2017 so that limited withdrawal of Mavro-2016 will include only contributions, not bonuses.

All these, MMM stated are measures to serve participants better

The message is posted on the Personal Office (PO), the site’s environment displayed for every member to participate in its activities.

Mavros are virtual money-equivalent access to cashing returns on funds invested in the scheme.

“You constantly reproach us stating we don’t listen to your opinions however we really do. We try to carry out the most reasonable and efficient suggestions immediately,’’ the statement said.

Particularly, in accordance with your suggestions, we will soon take the following measures:

We will stop the growth of confirmed Mavros acquired before the 1st of January 2017.

We will freeze the bonuses received before the 1st of January 2017 (so that limited withdrawal of Mavro-2016 will include only contributions, not bonuses).

We will introduce a new rule according to which the withdrawal amount cannot exceed triple amount of the provided help (so, GH cannot exceed PH more than in 3 times).”

 

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1 Comment

1 Comment

  1. Pearl

    February 23, 2017 at 10:50 pm

    U guys r just as useless as ur name implies…
    I think Lai Mohammed should come 4 destroyers like this useless platform…
    If MMM participants decides 2 keep investing their monies, how is it your business or will u give them a job…
    Just Negodu your useless caption

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National News

Shehu Sani Reacts To Hisbah’s Call For Scrapping Of Black Friday

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Shehu Sani Reacts To Hisbah's Call For Scrapping Of Black Friday

Shehu Sani

Former lawmaker, Senator Shehu Sani has reacted to the call for the scrapping of the popular ‘Black Friday’sales by the Kano State Hisbah Board.

Recall that earlier on Friday, the board asked a radio station, demanding that it stops using the word “Black Friday” to refer to Friday.

Also Read: TECNO Stormed Computer Village with BBNaija’s OZO to Wrap up its Black Friday Sales Activities

The board explained that since Friday is regarded as a holy day in Islam, tagging it “Black Friday” is derogatory and a thus, should not be condoned.

Reacting to the statement, the former lawmaker from Kaduna described the threat by the Hisbah board as ‘nonsensical.”

He wrote:

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Court Orders Release Of Sen. Ndume From Kuje Prison

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Court Orders Release Of Sen. Ndume From Kuje Prison

Ali Ndume

A Federal High Court sitting in Abuja has granted bail to Senator Ali Ndume who was detained in prison on Monday following the failure to produce Abdulrasheed Maina in court.

This was made known by the presiding judge, Justice Okon Abang in a ruling on Friday, November 27.

Also Read: BREAKING: Court Fixes Date For Ndume’s Bail Application

He stated that he chose to grant the senator bail based on his record of good behaviour before the court, notwithstanding that the other grounds of his bail application failed.

Justice Abang granted bail to Senator Ndume pending the hearing and determination of the Borno South Senator’s appeal filed at the Court of Appeal to challenge Monday’s order.

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We Deliberately Shut Down Refineries – NNPC GMD

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We Deliberately Shut Down Refineries – NNPC GMD

NNPC boss, Mele Kyari

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has expressed that the corporation deliberately shut down the nation’s refineries because they became unsustainable.

The GMD disclosed this when he appeared before the House of Representatives Committee on Petroleum Upstream in Abuja.

He pointed out that the NNPC was unable to supply crude oil to the refineries, adding that the Excravos pipeline is the only one the NNPC managed to sustain through the contracting process.

He went on to express that it is practically impossible to run pipelines at their optimum capacity.

Also ReadBREAKING: NNPC Raises Petrol Depot Price, Marketers To Sell At N168-N170/Litre

“For instance, to run Kaduna and Warri refinery, you need to deliver 170,000 barrel of oil per day so that both will operate at 70 percent capacity,” he said.

Kyari said that at the moment, it only had over 5,000 kilometers of pipelines with 13 fuel depots, which according to him must be protected to forestall the activities of vandals.

“And I can tell you today that except the Atlas cove to Ibadan line and also the Portharcourt to Aba line, none of these pipelines is serviced.

“We cannot flow product into these lines, the cheap one is to say they are aged but the real reason is that the level of activities of vandals on these lines is gross, monumental, and profound.

“At every point within a month we fix 80 vandal points, the option is to shut them down and the result of having one depot is what we have seen in Lagos,” he said.

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