[Mhiz Rebecca]

The debut of the Mavrodi Mondial Moneybox (MMM) in Kenya
and Ghana, approximately 48 hours after its activities in
Nigeria were suspended for a month, has caused increased
panic among Nigerian MMM participants.
Chiamaka Ugorji, the wife of Chuddy Ugorji, a leading MMM
Nigeria promoter, attempted to calm nerves by writing an open
letter to participants, but this failed to reassure Nigerians that
their investments were safe.
Some individuals, who spoke to the News Agency of Nigeria
(NAN) on Monday in Abuja, shared their thoughts on the issue.
A civil servant, Charity Okafor, said “I participated in the
scheme twice by investing N500,000 and one million naira
respectively and I got my money back with the large interest.
“However, I felt I should not participate in the scheme any
longer and I am lucky I had people around me who convinced
me not to reinvest.
“I know I would have turned into a crazy woman if I had
money there during this suspension,” Okafor said.
Ebube Okoh, a housewife, told NAN that she believed the
launch of MMM in Ghana and Kenya had everything to do with
the Nigerian chapter.
“According to the website, the ban on withdrawals is due to
negative reports by the media, heavy workload experiences by
the system, and an attempt to prevent problems during the
New Year.
“I, however, believe that they have run out of people to get
money from to pay back the large investments that were
coming into the system.
“I believe the money obtained in Kenya and Ghana will be used
to make up for the deficit in Nigeria, besides both countries
have higher currency values when compared to the Nigeria
naira.
“The launch in Ghana and Kenya can’t be a coincidence.”
Gregory Bello, an engineer, said: “I have money in the
programme but I am not as upset as other participants
because it is a small amount of money in comparison to
others.
“The money I put in is the interest I got from my last
investment. I am one of those hoping the system comes back
in January for the sake of our sanity. I have friends who put in
millions of naira and have either suddenly fallen ill or are
showing signs of depression.
“I just pray that MMM Nigeria has not crashed because many
people will commit suicide or turn crazy,” Bello said.