Naija Federal Government don dey do planning to close down MMM operation inside Naija.
Managing Director of the Naija Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, yarn dis tori on Monday for NDIC Special Day for the 2016 Lagos International Trade Fair.
Im say, the regulators don set up a Committee wey go scatter all the plan of wayo people dem.
Make una read wetin im yarn :
“I wish to sound a word of caution to members of the public on the activities of illegal fund managers, otherwise known as Wonder Banks.
“It is worrisome to note that despite repeated advice, many unsuspecting members of the public are still falling victims to the mouth-watering interest being offered by these illegal fund managers.
“Members of the public are therefore advised to patronise only banking institutions that display the NDIC sticker: “Insured by NDIC” in their banking halls or entrances.
“However, the regulatory authorities have set up an inter-agency committee under the Financial Services Regulatory Coordinating Committee(FRSCC) to stem the nefarious activities of these fraudster across the nation”.
