MMM Founder Accuses Media Of Causing Panic Among Participants

As subscribers await the resumption of operations of Mavrodi Moneybox Mondial (MMM) Nigeria in January 2017, the founder of the Ponzi scheme Sergey Mavrodi has accused the Nigerian press of deliberately “fueling hysteria around MMM and causing panic.”

The operators of the scheme in Nigeria said in a message sent to all subscribers on December 12 that all confirmed Mavros would be frozen for one month.

During the period – December 12 to January 12 – none of the participants would be able to ‘get help’ (withdraw funds deposited with the mandatory 30% interest). But they allowed to ‘provide help’ (deposit funds).

The scepticism and panic that followed the announcement were caused by the media, Mavrodi said.

He said, “I’m just astonished by your irresponsibility and cynical attitude. Interests of millions of people, your fellow citizens are at stake. Don’t you have any sympathy for them? Why are you fueling hysteria around MMM and provoking a panic? Why are you doing this so diligently and persistently, what is your purpose?”

He insisted that operations of the scheme would resume in January, noting that the “suspension of work for holidays” was not unusual. His claims contradicted the reason the Nigerian operators of MMM gave for freezing the confirmed Mavros for one month. They explained that the measure was put in place because “in the New Year season the System is experiencing heavy workload.”

But Mavrodi insisted all was well with MMM Nigeria and urged the press to desist from being biased against the scheme.

He said, “Again, leave MMM alone and let us work. Nothing has collapsed, and MMM will perfectly resume its work in January. We Can Change the World!”

Credit:

http://guardian.ng/news/mmm-founder-accuses-media-of-causing-panic-among-participants/

How Abba Moro, Others Cut Cost Causing NIS Recruitment Tragedy– Witness

Despite raking in about N1 billion from sale of forms, only N45 million was released for the conduct of the tragic 2014 immigration recruitment exercise, a witness told the court on Friday

Tabugn Sylvanus, a retired Director and Secretary of the Board of the National Immigration Service, NIS, said N201 million was actually required for a proper conduct of the exercise.

Mr. Sylvanus also told the Federal High Court that a last minute adjustment made to the recruitment exercise moved the number of expected participants at the Abuja test venue from 6,800 to over 66,000.

Mr. Sylvanus is the second persecution witness to testify in court during the ongoing trial of former Interior Minister, Abba Moro.

Mr. Moro, who was also the chairman of the board of the NIS, is accused of defrauding hundreds of thousands of job seekers, who paid N1,000 each for the recruitment test.

Despite raising about a billion naira from the job seekers, the tests were poorly organised at different centres across the country, resulting in deadly stampedes with at least 18 deaths confirmed, majority from the Abuja stadium stampede.

The Economic and Financial Crimes Commission, EFCC, said part of the proceeds of the recruitment fees was used to buy choice property in Abuja.

Read More:

http://www.premiumtimesng.com/news/headlines/211662-abba-moro-others-cut-cost-causing-nis-recruitment-tragedy-witness.html

Greedy Politicians Causing Workers’ Hardship– NLC

The Nigerian Labour congress (NLC) on Monday said greed by political office holders has continued to create hardship for workers in the country.

The president of the congress, Mr. Ayuba Wabba, stated this at the International Trade Union Congress (ITUC-Africa) Regional Conference on “Advancing Decent Work in Global Supply Chain in Africa,” which began  in Abuja, Monday.

The conference was organised by the NLC in collaboration with ITUC-Africa.

He said there was  an urgent need to end corporate greed at all levels of the nation’s governance system.

Wabba also said the ills and inequalities of multinational enterprises have left scars on the people.

“Comrades and friends, on the issue of fighting to halt and ultimately end corporate greed, we are all witnesses to the ills and iniquities of multinational enterprises.

“From 2007 to 2008 when corporate greed and market rascality plunged the world into a financial and later, harrowing economic crisis, working men and women, pensioners and communities suffered immense losses.

“Till date, the miseries and hardship caused by their reckless and greedy actions have left scars on people, households, communities and economies,” the News Agency of Nigeria (NAN) quoted the NLC president as saying at the forum.

Wabba blamed politicians for “offensive concessions to businesses and providing them tax havens.”

?“Shockingly, rather than side with their people, constituents and constituencies, politicians and governments have continued to make obscene and offensive concessions to businesses,” he added.

Credit: Nation

Bombed Oil Pipeline Causing ‘Massive Spills’

Militants bombed a state-run oil pipeline in Warri on Monday causing massive spills, in the latest attack on the country’s oil infrastructure, said an industry official.

“The pipeline is operated by the Pipelines and Products Marketing Company (PPMC) at Batan near Warri. It was blown up early yesterday (Monday),” a senior official of a major oil firm told AFP Tuesday.

PPMC is a subsidiary of the Nigerian National Petroleum Corporation, which runs a joint venture with firms such as Anglo-Dutch giant Shell, US firms Chevron and Exxon, Italy’s Eni and France’s Total.

The official, who asked not to be identified, said the pipeline was repaired only recently after it was bombed last month.

The latest attack had caused “massive spills of crude in the area”, said the official who called on the authorities to launch a clean-up.

The NNPC were not immediately available for comment when contacted by AFP.

No group has claimed responsibility but the Niger Delta Avengers (NDA) has claimed a wave of bombings of oil and gas facilities since the beginning of the year.

The attacks have reduced output at a time when Nigeria is struggling with low global crude prices which have hammered government revenues, weakening the country’s naira currency and pushing up inflation to near 11-year highs.

The militants want oil majors to leave the Niger delta, blaming them for contributing to widespread poverty and under-development of the region.

The group also wants self-determination for the oil-producing states in the delta region and political autonomy.

Credit: Guardian

Adele’s Body Guard Is Causing A Stir On The Internet, Girls Are Saying Hello

Adele has hired Peter Van Der Veen, gorgeous Dutch man and former bodyguard of Lady Gaga, as her protector and hunky human shield following the popularity of her latest album, 25.

As with all beautiful (and Adele-related) things, the Internet is freaking out:

https://twitter.com/bryanboy/status/667050633904566272