THE Economic and Financial Crimes Commission, EFCC, through Wilson Uwujaren, it's spokesman, said the anti-graph agency cannot investigate MMM because it is a faceless wonder bank.








Speaking in an interview on the sidelines of a training programme in Port Harcourt, he confirmed ongoing surveillance on the MMM investment scheme,


The House of Representatives had directed the EFCC to investigate the investment scheme.


Wilson said the anti-graft agency was also watching other online schemes that promise huge returns on investments.


The EFCC spokesman said preliminary investigations have shown that such online schemes thrive in countries thatare facing economic recession.


He warned that there was big chance of desperate subscribers on such platforms of losing their investments, he said in an interview on the sidelines of a training programme in Port Harcourt.


“We can only arrest people based on the evidence that we have. The House made a resolution but the resolution is a public announcement.


“We have always been advising people not to patronize wonder banks because experience over time has shown that their activities are not sustainable.


“If you get involved in it, you will eventually get hurt. What we are currently doing is to sensitize people. We know people want to make quick money as a result of recession through this MMM.


“The unfortunate thing about this MMM is that it is not a Nigerian firm but we are looking at and we will still tell the media whatever we find out,” Uwujaren said.

Source: http://www.socialtimesng.com/2016/11/why-we-cannot-investigate-mmm-efcc/

Abeg who una help... make una face una belle one side ,make we see road..

If MMM is a scam... d federal govt and co should not pity us.,we want to be duped...

All these sensational headlines. How does the heading correspond with body in the article

8. Don't post false information on Nairaland