FG, media caused payments freeze – MMM

For Nigerian subscribers of the Mavrodi Mondial Moneybox (MMM), Chuddy, who is a ’top guider,’ took to his blog, yesterday, and called for calm.

On Monday evening, Sergey Mavrodi penned an open letter, with the title, “One-month freezing of confirmed Mavros,” where he informed subscribers of a pay freeze until January 13, 2017.

“Dear members, as usual, in the New Year season, the system is experiencing heavy workload. Moreover, it has to deal with the constant frenzy provoked by authorities in the mass media.

“The things are still going well; the participants feel calm; everyone gets paid – as you can see there haven’t been any payment delays or other problems yet – but!..it is better to avoid taking risk. Moreover, there are just three weeks left to the New Year.

“On the basis of the above mentioned, therefore, all confirmed Mavros will be frozen for a month…” a part of the letter read.

Yesterday, however, Chudi said two factors necessitated the freeze.

One was the strident opposition from the Federal Government and the mass media. Secondly, Chudi claimed it was because there was “excess panic” in the system, hence the need to halt payments.