The Vice Chancellor of Osun State University, Prof. Labode Popoola, said
on Saturday that the institution would collect the over N2bn debt
students owe it whether they are able to recoup their money invested in
the Mavrodi Mondial Moneybox or not.Popoola said,
“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.” Punch quotes him as saying
But MMM ‘investors’ have not been able to get their money back as of the time of filing this report.
