RIP: Man who drank insecticide following the crash of MMM-Nigeria dies

A man identified as Ada Kole has died in Kubwa in the Federal Capital

Territory after drinking insecticide following the crash of the

Mavrodi Mondial Movement (MMM) Ponzi scheme in Nigeria.

The MMM, whose wedding was rescheduled from December last year to May

2017 reportedly died on Monday night following complications arising

from the poison he took late last year.

Kole had reportedly invested about N750,000 in the scheme in November

last year and was expecting to get his 30 per cent income when the MMM

crashed and he lost his money.

A family source said Kole passed away after suffering from stomach

complications as a result of the poison.

"Kole died yesterday (Monday) evening and his body has been deposited

in a mortuary. He died from the complications he suffered from the

poison he took last year. He had a terrible stomach ache and was

rushed to the hospital where he died,"the source said.

Asked if the Benue State indigene was paid by the MMM before his

demise, the source said, "No, he was not paid. In fact, he threatened

to arrest his guider before the stomach upset returned last week and

we rushed him to the hospital where he finally died."

It was gathered that his fiancée had been inconsolable since his passage.

Kole had earlier opened up on his predicament during a phone-in radio

programme in Abuja last December where he admitted making profits from

the scheme before it crashed.

He explained that he initially invested N20,000 and got 30 per cent

interest a few weeks later.

He said: "I came to Abuja from Benue a few months back in preparation

for my wedding and my friend introduced me to the MMM thing. He told

me about the benefit involved, though I was a bit hesitant about it

but he succeeded in convincing me to register under him.

"To be honest, I initially invested N20,000 into the scheme and I got

30 per cent the following month. The following month, I did N50,000

and I still got 30 per cent commission and my full investment back."

He then decided to increase his investment so he could make more money.

"This time, I believed it was real and I decided to increase my

investment. Before then, my fiancée had warned me against it. So I

went to my cooperative to obtain a loan and they gladly gave, thinking

it was for my wedding," he said.

"I put in N750k last month (November 2016) hoping it would yield 30

per cent income this month (December) only to wake up one morning to

discover that my account has been suspended."

The deceased had told his interviewer that he took the insecticide

because he did not know how to tell his fiancée that he had lost the

money for their wedding.

He added: "To be sincere, the best option I had then was to take my

life because I didn't know how I was going to face my woman. I didn't

even know when I took the insecticide."

The FCT police spokesman, Anjuguri Manzah said Kole's death had yet to

be reported to the police.

Relevant authorities including the National Assembly, Central Bank of

Nigeria (CBN), Economic and Financial Crimes Commission (EFCC) and the

police had warned Nigerians against investing in the scheme.

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