Editor's note: The founder of Mavrodi Mundial Movement (MMM), Sergey Mavrodi, about two days ago wrote an open letter to Nigerian journalists whom he claimed are causing unnecessary tension in the country.
In it's response to Mavrodi said nobody can tell Nigerian press and media what to write and what not to write about.
Chizoba
Chiscolin Anyanwu in this piece says there is no difference between MMM
and Nigeria companies that made promises and folded up. He argues that
most of those who invested in MMM did so because they have been duped by
some government schemes in the past.
Before you mock anybody for investing in MMM, think about this.
I
invested all my Savings from NYSC in Savanah Bank, The Bank Packed up
and left me with Nothing. I bought 10,000 shares in Transcorp when
Obasanjo and "Madam Stock Exchange" initially sold the fraud to
Nigerians but up till today, no shares were allocated to me and my money
was not refunded.
I remember my then employer
deducting money from my wages and paying into government owned Housing
Fund and also into the National Pension Fund, the 2 bodies were
dissolved and my money dissolved with it. My Father and millions of
Nigerians also paid into the same funds for more than 30 years and
nothing came out of it.
Some state governments are owing their workers up
to 1 year wages, the federal government and some parastatals are not
different.
My father-in-law gave his life to
NTA as a photojournalist travelling all over the country to cover
events. Many years after his death, his widow is still waiting for NTA
to pay his entitlements.
Remember how
government came up with idea of community banks and encouraged Nigerians
to patronise them, remember Allied Bank, Lobi Bank, Abacus Bank, City
Express Bank, Assurance Bank of Nigeria, Hallmark Bank Plc, Ivory
Merchant Bank, Lead Merchant Bank, Metropolitan Bank, All States Trust
Bank, Coop and Commerce Bank, Commerce Bank, Credite Bank, Pinnacle
Commercial Bank, Kapital Merchant Bank, Ivory Merchant Bank, Prime
Merchant Bank, Republic Bank, Eagle Bank Plc, Liberty Bank, Progress
Bank, North South Bank, Pan African Bank; remember pensioners who had
their money in Societe Generale, don't forget the traders whose lives
were destroyed by Gulf Bank, and many more too numerous to mention.
Should we blame these people for keeping their hard earned money in NDIC
insured banks ? Don't ask me about NDIC please.
On a different scale, remember how many
hours you spent at the polling booth to vote for Buhari, remember how we
all campaigned vigorously to remove Jonathan and how many people you
encouraged to vote for PMB. What has come out of it for us all ?
How
about the money you worked hard for and contributed when your Churches
/Mosques wanted to establish those private universities and now your
children are excluded from the qualitative education they offer because
you can not afford the tuition fees ? What do you think about the money
you pay to NEPA or whatever it is called now every month regardless of
whether they supply you electricity or not ?
How are these different from MMM.
I
agree that some people are into MMM because of greed but most of those
who invested in MMM did so because they have been duped by some
government backed schemes in the past. There is poverty in the land and
people are looking for ways to survive. They knew the risk they were
getting into and were all willing to take the risk. After all, living in
Nigeria at all at this moment is a risk and working for the government
is also a risk slightly lower than investing in MMM.
The truth is every Nigerian living in
Nigeria is into one form of MMM or the other and I do not see any sense
in mocking anybody for taking a risk, as long as it is with their own
money. After all, Nigeria itself is a Ponzi scheme. God bless Nigeria.
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