“MMM or Not, Students Must Pay Their Debts” – UNIOSUN VC

The Vice Chancellor of Osun State University, Prof. Labode Popoola, has on Saturday said regardless of the state of the Ponzi Scheme, Mavrodi Mondial Moneybox popularly called MMM, the students must pay up their over N2Billion debt.

In his words:

“Some of them (students) used their school fees to invest in MMM. But whether MMM comes back or not, it is their headache. I have told them that we are not going to open the portal. If I see that a critical mass of the students pay, then we will decide to open the portal just for about 48 hours. But they must pay first.“This is how we accumulated a debt profile of over N2bn, we cannot continue this way. They just have to pay the money.”

But MMM ‘investors’ have not been able to get their money backyet at this time

PunchNG