MMM Guider Chuddy Flee Abroad With Wife After Making Billions In Nigeria

 

Top MMM Guilder Relocates Overseas With Wife. What Next For Nigerian Subscribers?
Unconfirmed media reports suggest that top guilder of popular Ponzi scheme (MMM), Chuddy Mbanefo has fled Nigeria and relocated overseas.
Reports say Chuddy absconded from the country in the midst of the anxiety being faced by desperate Nigerian participants waiting to withdraw their investments.
Chuddy’s relocation is coming barely 24 hours after a fresh set of conditions for payment were released by MMM Nigeria.
MMM participants, by the notification were made to believe that their outstanding payments were soon to be paid.
However, investigations seem to suggest otherwise.

MMM Nigeria Lead Guider, Chuddy Ugorji, wife flee to Philippines

Reports from The Cable say a certain MMM participant who manages several accounts said a payment of N17,000 was credited into an account he manages for a friend.
He said:

“One of the accounts I manage for a friend finally got paid. She invested N20,000 on November 10, 2016 and her money has appreciated to N35,000.
“When MMM resumed last week, she said I should withdraw all the money for her, which I requested for immediately.
“She was paired the day after. 
“The two people she was paired with had to pay N17,000 and N18,000 to make up the N35,000, but only one person has paid.”

Meanwhile, on Wednesday, MMM Nigeria released a new set of guidelines to participants.
The guidelines stated that a fixed limit of N31,000 has been set for all participants seeking to make withdrawals from this week.
According to the new rules, the “system” is prioritizing payment of smaller amounts and gradually increasing the amount to higher ones.
It also seemed to suggest that recovery of the system is based on the optimism and “positivity” of participants.
The guidelines advised participants to create further awareness that “MMM Nigeria is open, working and paying.”

Vice President Osinbajo Not Under Pressure To Resign – Presidency

 

The Presidency  has denied rumour that Acting President Yemi Osinbajo is under pressure to resign.

A statement issued by the Special Adviser to the President on Political Affairs, Femi Ojudu, said it was not true that Osinbajo was being held hostage by some governors who were said to have demanded his resignation from office.
In the statement titled: “State of the Nation,” Ojudu said Osinbajo was on his desk in his office and performing his routine functions having earlier presided over a meeting of the Federal Executive Council (FEC).

Senator Babafemi Ojudu Special Adviser to Buhari on political matters

The presidential aide described the claim as ridiculous and urged the people to desist from carrying fake news.
He said: “I have read many ridiculous stories saying the Vice President, Prof. Yemi Osinbajo, is being held hostage by some governors who are trying to compel him to resign.
“I have equally received several calls regarding this. The story is simply not true. It is a fabrication. Don’t be a purveyor of fake news.
“The Vice President is behind his desk carrying out his task. The Federal Executive Council presided over by him has just ended and he has been busy receiving visitors and holding meetings.”