Fidelity bank banner Bayelsa State banner
The tragedy of silence – The MMM Lesson

By News Express on 07/02/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 3,319

With all the confusions that has recently hit our nation over the MMM scheme and the possibility of all the participants losing their hard earned money, we are talking of a situation where almost 3 million households could be affected.

“Only by speaking out can we create lasting change. And that change begins with coming out.” ― DaShanne Stokes


At a time like this, it is impossible not to remember the words of Edmund Burke:

 “The Only Thing Necessary for the Triumph of Evil is that Good Men Do Nothing”

Tragedies and evils like in the case of MMM happen daily in our world, thanks to the so called good people. Our nation Nigeria has become notoriously famous for the silent of her best men. It has now become a thing of culture in our country for the clergy, the bishops the General Overseers and the men of God to keep silent on the issues of national significance. Prominent judges cannot talk on national matters because they don’t want to appear political.

Our country Nigeria is full of very important persons (VIPs), but yet when it comes to issues of national significance, only a few of them dare come out in the public to lend their voice to the cause of justice, freedom and truth. It is like personal comfort and domestic security has taken the place of the care for the general wellbeing of the populace.

Talking about the MMM and other similar pyramid schemes, there is no doubt that the enlightened Nigerians are well aware of the danger of these schemes, yet we could hardly count more than a few dozen who raise their voices to warn their fellow citizens from the impending danger.


 “Never be afraid to raise your voice for honesty and truth and compassion against injustice and lying and greed. If people all over the world…would do this, it would change the earth.” ― William Faulkner

Credit must however be given to the very vibrant media of our nation, which kept on sounding the alarm about the impending tragedies that could follow the demise of MMM. Since it doesn’t make sense to cry over spilled milk, I want to point out that the purpose of this article is for us as a nation to learn from the lessons of MMM collapse.

One of such lessons is the one which has always plagued our national consciousness that is – keeping silence when it matters most. This attitude could be justifiably traced to our culture of respect for elders. This argument often becomes the reason why even though we see the wrongs that are been perpetrated, yet we keep quiet so that we don’t sound disrespectful.

Another reason that our people will often give for their silence is that they don’t want the younger ones to insult them for speaking out against their rather dubious activities. In both cases we can clearly see that the concern for personal comfort overrides the care for the general good of the people.

For our country to move forward, you must arrive at a junction where we will all agree that the general good must be protected, before the individual welfare. If we will not care about the wellbeing of our nation as a whole, that individual security will soon be violated and abused by the disadvantaged majority.


“If I were to remain silent, I’d be guilty of complicity.” ― Albert Einstein

1. When the good people see an impending danger, they all must raise their voices to proclaim the truth on the mountain top.

2. It is not always right to leave everything in the hands of the government. The informed segment of the society and especially those who are privilege to be educated and the elites of our country must also become our gate keepers, to guide against evil and potential national tragedies.

3. We should not neglect or be indifferent to the examples and lessons from other nations. In the case of MMM, the collapse of this Ponzi scheme, had occurred in several other nations before Nigeria.

4. To the credit of the Nigerian media the MMM crash in Zimbabwe was well reported. There were reports in our national newspapers similar to the ones below.

“All along things were moving in the right direction and we now have nowhere to claim our investments,” said Mr Tinashe Muza of Harare. “When we started putting our funds in the scheme one could get assistance within seven days but things later changed to 14 days and when we were shut out the waiting period was 21 days. What it simply means is that the number of people in need of help has outnumbered the number of people joining. Right now we have nowhere to get our money which we invested.”

However, I think that when the media does its own part of the work of reporting, the elite and the good people of the land were supposed to turn this into a campaign of awareness among the Nigerian populace, so that people will get to know the real truth behind such organizations as MMM.

5. The government agencies in Nigeria were supposed to have acted on similar reports from Zimbabwe to use as an excuse to stop the operation of MMM in Nigeria.

6. While our government will use democracy as an excuse not to prosecute or prohibit the activities of schemes like MMM, other nations that have better records than Nigeria in democracy were able to act accordingly. In India, the government was able to act swiftly preventing a potentially larger catastrophe over there than even in Nigeria. In India today, Mr. Sergey Mavrodi has been declared wanted and the company operators in the country have been arrested.

“City economic offences wing (EOW), probing the multi-crore fraud involving a private firm, Mavrodi Mondial Moneybox India or MMM India, on Tuesday arrested a Russian national and his Indian wife from Goa for their alleged role in the multi-crore fraud across the country.”

I don’t know what has stopped the Nigerian government from doing the same thing in this regard.

7. Talking about the silence of the righteous, a South African man Thendo Stivo went out of his way to actually warn Nigerians back in May of 2016 of the impending danger with MMM. Even though some media houses carried this report in Nigeria, what could have been done further is for more good men especially prominent men, pastors, bishops, VIPs, to lend their voices to emphasise the same warning from the South African gentleman. This could probably have helped millions of people escape the losses they stand to suffer.

8. Even up till now, some MMM participants are still feeding each other with illusions that the network will come back after the New Year and that they are only frozen for a short while. The truth is that it is the modus operandi of Sergey Mavrodi who by the way is in hiding and wanted in many countries. In Zimbabwe the same scenario played itself out. The people were told they were taking a break for 14 days and then for 21 days and it has remained like that until now.

In South Africa, the gullible investors were told, it was going to resume operations after a short break. That break that was supposed to last for a month is still going on since April 2016.

I believe that the Nigerian populace could demand from the Nigerian National Assembly and other relevant authorities like the EFCC to take action against MMM representatives in Nigeria. On the basis that the founder of MMM Sergey Mavrodi is a convicted fraudster in his own country Russia and declared wanted in several others. That alone is reason for the Nigerian government to declare this group illegal in the country as did China and India.

9. Even the Russian government is busy warning countries about the risk of permitting MMM to operate, declaring it as a fraud that will collapse sooner rather or later.

Yury Chikhanchin, the Director of the Federal Financial Monitoring Service in Russia warned about the future collapse of the MMM Pyramid Scheme of Sergei Mavrodi in China. Mr. Chikhanchin explained the risks at the conference “Risks and Challenges for the economies of the BRICS”, wrote TASS.

10. Finally, Nigerians have to be warned that as MMM is coming to its end in Nigeria, there will be similar organisations that will be lining up to take its place under different names. As a matter of fact, the same MMM group could come back under a different name all together, so our people must be warned against any scheme that is not having any legal or legitimate business, yet promising outrageous amount of income. They must be aware that it is a fraudulent scheme that is meant to deprive them of their hard earned money.

“This is slavery, not to speak one’s thought.” ― Euripides.

Even though I am writing about MMM and other Ponzi schemes in this article, but really the lesson goes beyond the subject matter. The lesson is that we all are as citizens and government of the federal republic of Nigeria should declare war against the culture of silence. We should learn to raise our voices against any impending danger even when it doesn’t seem to affect us. We should make it our duty to always raise up our voices for whatsoever is good and true, no matter who it concerns. This I believe is one of the great lessons Nigeria and Nigerians could take away from the national drama of the tragedy called MMM.

“We who have means and a voice must use them to help those who have neither.” ― Jennifer Donnelly.


•Dr. Sunday Adelaja is a Nigerian born leader, Transformation Strategist, Pastor and innovator who lives in Kieve Ukraine. He can be contacted at

Source News Express

Posted 07/02/2017 8:01:50 PM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
NiMet predicts hazy, misty fog, light showers

Fresh bomb blast rocks Jos as terrorists hit...

Pogba and Nigerian singer keep hotel guests awake...

Fani-Kayode slams Buhari, EFCC over detention of wife,...

Group hails Ndume’s appointment as member of Presidential...

NUJ bemoans Government’s failure to end Plateau bloodbath...

Amaechi sacks rail stations managers, porter’s, ticket officers...

Cop, 4 others shot as police repel militants...

Buhari woos Germany to invest in renewable energy...

Group hails appointment of Daniel Alabrah as Special...

FAAN MD warns Turkish Airlines against flying passengers...

FG suspends licence issuance for new vehicle assembly...


Latest News Airways passengers catch couple having sex in seat behind them Court order: Why we’ve not arrested Uwazuruike — Police Boko Haram attacks Borno military barracks Student kills parents, self over eczema US, Europe told to impose sanctions on Nigeria over killings of Biafra protesters •No going back on petition to ICC, says HURIWA 2019: Over 100 parties to contest, registered voters top 80m — INEC Offa Robbery: NOPRIN warns against compromise, cover-up Unemployed graduates hail Dickson as Bayelsa begins recruitment of 1,000 fresh civil servants Sarasuka gang leader, 32 others in police net Why I want to be Osun Governor – Reps Deputy Speaker, Lasun Cameroonian separatists have killed 84 troops since Sept. 2017: Government APC national convention: Fears over parallel delegates


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (352,251 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (351,577 views) Shameless Genevieve Nnaji exposes breasts in public (280,185 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (230,059 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (209,046 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (208,746 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (181,791 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (163,889 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (153,910 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (148,597 views) Lagos plane crash: Journalist releases victims’ names (143,826 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (135,655 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (50) Business & Economy (3,258) Business Verdict (44) Columnists (868) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (505) Features (607) Global Business Monitor (283) International (2,044) Interview (154) Live Commentary (28) Love Matters (124) News (36,364) Opinion (1,004) Pidgin (10) Politics (5,295) Religion (770) Sports (1,552) Stock Watch (30) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




Portugal v Spain 2018


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera