FRAUDULENT MICROFINANCE BANK:HOW CHRIST EMBASSY PASTORS DEFRAUDED POOR CUSTOMERS

According to one Akin Kunle on Facebook, The Suisse microfinance Bank is owned by Christ Embassy Church a.k.a Believers Loveworld, the bank is located at Gacoun Plaza, 23 Road Festac Town Lagos.

 It is among the fleets of banks owned by the church, which also owned Parallex microfinance Bank and Refuge Home Savings. The Suisse MFB is run and manage by Pastor Ayodele Olusola who is the MD/CEO of the bank and members of the board of directors are senior pastors in the church including Pastor Lanre Alabi, Tokubo Odimayo, Adebisi Sogunle, Tim Onebamo.

Pastor Ayodele Olusola is the pastor of Christ Embassy Church ,Mafoluku ,Oshodi, Lagos. Ayodele Olusola who allegedly ran the bank as a personal business throwing all the ethics and rules of running microfinance Bank to the wind.

He recruited people who are members of the church as marketers to collect money from people on daily basis as savings. The marketers usually go about with savings cards, the first one thousand naira you save with them belongs to the bank and at the end of the month the bank will deduct another one thousand naira for helping you to save.

The Suisse MFB also have big savers who have their millions as investment in the bank. They collected Millions of naira from these set of people as investment with the promise of paying interest on it. Now the bank has ran into deep financial mess and the bank can not pay the poor savers and the big savers who have their Millions with them.

The estimation of the money the bank owned people is over 200 Million. The bank locked their premises on 16th of December and went hiding, all of a sudden resurface first week of February and paid few small savers less than two million and again have gone into hiding. And the church being money minded church is unwilling to rescue the situation.

I guess pastor Chris Oyakhilomen must be aware of this situation as The Nation newspaper carried it on the 28 of January as http://thenationonlineng.net/were-finished/ . This shows the church does not practice what they preach and is only after people money. And there is an allegations that Pastor Ayodele Olusola might used the money for Ponzi Scheme as he can not disclose what he actually used the money for. This is a big criminal offence which the government should look into.

NBC BANS OLAMIDE....DAVIDO AND 9ICE'S SONGS

The National Broadcasting Corporation [NBC] has banned Olamide, Davido and 9ice's songs from being played on Radio and TV stations across Nigeria.

Apart from "Wo" by Olamide which just came out, the rest are basically old songs. Check them out below...

A FAKE BLIND BEGGAR APPREHENDS IN IKORODU

A fake blind beggar, Abdullahi Abbas,37, who was apprehended in the Ikorodu area of Lagos state yesterday August 21st, has confessed to making between N5,500 and N8,000 daily just by disguising as a beggar.

Abdullahi who is always led by a 12-year-old boy (name withheld), begged for alms  every day at the First Gate and Odogunyan area of Ikorodu.

He was apprehended after an inquisitive resident of the area, Adeoye Baliks, engaged him in a conversation that made her raise an eyebrow. According to Vanguard, she raised an alarm and the man was examined by passersby and it was discovered that he was not blind.

When interrogated, Abdullahi who is from Oyo state, said he belongs to a group of beggars who feign various types of deformity just to get people to sympathise with them and give them money. But for the timely intervention of the vigilante group members in the area, the mob that had gather gathered were in the process of lynching him. He was rescued and then handed over to the police in Sagamu.

FILM CENSORS BOARD RAIDS ALABA MARKET...SEIZES PIRATED FILMS

The National Film and Video Censors Board (NFVCB) in collaboration with the Movie Producers Association ,has seized many copies of Nigerian movies and duplicating machines from pirates in Alaba market.

The raid follows an amendment to the NFVCB bill of 2016 signed into law by the Acting President in March 2017, which states that the release of unauthorised works attracts a maximum of three years jail term or a fine of N500,000.

At the briefing were stakeholders that included Alhaji Abdulrasaq Abdullahi, Chief Eddie Ugbomah, Saint Obi, Yinka Ogundaisi, Gab Okoye, Funke Akindele, Emeka Aduah, Fred Amata, Dele Balogun, Kene Mkparu and Okechukwu Madu

The board’s Executive Director, Alhaji Adedayo Thomas, said, “The raid is the first in the series of national enforcement against unclassified, unapproved and operating an unlicensed film and video distribution and exhibition business which will be carried out in Nigeria through the National task force.

“This is a subtle signal to persons distributing unclassified film and video works, persons distributing film and video works not registered for distribution in Nigeria, persons operating film and video distribution business without appropriate licence, persons distributing film and video works on premises not licensed and all persons profiting from the sweat of film and video creative directors without proper right assignment that they should find other business as the Board under my watch will not rest until we get rid of them from our industry.”

Among the works pirated are big-budget cinema flicks such as the ‘Wedding Party’, ‘Jenifa’s Diary’, ‘Wives on Strike’ and A trip to Jamaica’. Also seized are multiple DVD copiers, writable DVDs and generators. According to the board’s management, some of the perpetrators were also arrested.

OSEMAWE OF ONDO KINGDOM GIVES OUT DAUGHTER'S HAND IN MARRIAGE

The Osemawe Of Ondo Kingdom,His Majesty Oba Victor Kiladejo,  over the weekend, gave his daughter’s hand out in marriage in a grand wedding ceremony.

The event was attended by Obas, chiefs and many other dignitaries across Nigeria. It was an amazing moment for the couple as well as their guests who has enough fun. See pics after the cut.

PHOTOS: Coutesy of Kemifilani Blog

MAN ARRESTED FOR USING CHARM TO BEAT HIS NEIGHBOUR TO DEATH IN OGUN STATE

The Ogun State Police Command has arrested one Olatunde Akapo, 32, for using a dangerous charm to beat his 42-year-old neighbour Augustine Ode to death.

A statement issued on Friday, August 18, by the spokesperson for the command, ASP Abimbola Oyeyemi, said the arrest follows a report by the brother to the deceased who reported at Ibogun Division that his brother was having a minor disagreement with his neighbor which degenerated to a fight and in the process, the suspect rushed into his room, came out with a charm with which he used to beat the deceased as a result of which the deceased fell down and subsequently kicked the bucket.

The DPO Ibogun Division, SP Nicholas Tamuno- Inam led detectives to the scene at Alapako Eke and the suspect was promptly arrested. The remains of the deceased has been deposited at Ifo General Hospital morgue for autopsy.

Meanwhile the Commissioner of Police, CP Ahmed Iliyasu has directed that the case be transferred to Homicide section of the State Criminal Investigation and Intelligence Department for further investigation and prosecution of the suspect.

CATHOLIC CHURCH EXCOMMUNICATES A PRIEST WHO QUIT PRIESTHOOD

The Catholic Church in Nigeria has excommunicated a priest, Rev. Patrick Edet, who recently quit priesthood and stripped him of all power, rights and privileges accruing to a leader of the Church.

Recall that the popular priest, who served in the Catholic Diocese of Uyo, Akwa Ibom State, had announced over a local radio station on August 2nd, that he was leaving the Catholic Church so he could be ‘free to serve God the way he wanted.’



In a general notice issued to parishioners on August 12, the Catholic Bishop of Uyo Diocese, John Ayah, advised them to stay away from Mr. Edet.

"I advise that no Catholic member should approach him to obtain any service or guidance henceforth in the name of the Church,” the bishop said.

"Any Catholic who attends his programme or identifies with him in any way does so at the risk of his or her Catholic faith and membership,” he said.

The Bishop said he was forwarding Mr. Edet’s resignation letter to Pope Francis for further directives on the matter.


Reverend Patrick Edet.  who ran a Pentecostal-style fellowship  in Uyo, said "..... Henceforth, I cease to be a Catholic Priest, in my spirit and in my soul... I forgive those who will criticize me, I live for God...I seek freedom for my soul. As I leave, I leave smiling, I AM SO HAPPY THAT I AM FREE".


“You cannot know God beyond that box. You cannot express God beyond that box. And any attempt for you to go beyond that box brings you label. The reason I am doing this is that I want to be right with God first. I want to go to heaven when I die,” he said.