What I Can Do For Victims of MM – NDIC MD

Umaru Ibrahim, the managing director of Nigeria Deposit Insurance Corporation (NDIC), has revealed how he can help victims of the recently crashed Mavrodi Mundial Movement, (MMM).

According to DAILY TRUST, speaking to journalists over the weekend at the Workshop for Business Editors and Finance Correspondents in Kaduna, Ibrahim said he can only pray for the victims. He however said the corporation will not relent in calling on Nigerians, sensitizing and enlightening them on the dangers of patronizing wonder banks.

He said: “For us, we already told Nigerians that MMM are not recognise, they are illegal, but some insisted that they are legal, all hands must be on deck to educate the public, today is MMM, tomorrow it could be YYY.”



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