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Showing posts with label Pastor Matthew Ashimolowo reacts to $5million Ponzi investment fraud. Show all posts
Showing posts with label Pastor Matthew Ashimolowo reacts to $5million Ponzi investment fraud. Show all posts

Tuesday, 3 January 2017

Pastor Matthew Ashimolowo reacts to $5million Ponzi investment fraud, says he’s not directly involved


KICC Head Pastor, Matthew Ashimolowo has reacted to news that made the rounds late last year that he was involved and defrauded of $5million he invested in a Ponzi scheme. Read the statement he released yesterday below...
“The attention of Pastor Matthew Ashimolowo and KICC has been drawn to publication in the media with the headline: ‘Pastor Matthew Ashimolowo loses $5million to Ponzi Scheme’.
“We wish to state that the headline was unfortunate and misleading and has caused damage to the reputation of Pastor Ashimolowo. The sensational headline suggests that Pastor Matthew Ashimolowo lost $5million when INFACT HE DID NOT and did not make the decision to invest.
“Pastor Matthew Ashimolowo is the Senior Pastor of KICC and not her trustee and has never been a trustee of KICC.