Skip to main content

Mountain Of Fire Ministries Still Under Interim Management —UK Charity Commission

The United Kingdom Charities Commission has said Adam Stephens remains the Interim Manager of Mountain of Fire and Miracles Ministries International, a church founded by Daniel Olukoya.

SaharaReporters had on Wednesday reported how the Charity regulator appointed an interim manager for MFM following a 2018 inquiry, which raised concerns over mismanagement of funds.

The inquiry was launched after the church with an average income of £4m annually repeatedly failed to file financial information on time.


The commission also found two alleged incidents of fraud by former employees involving significant sums, both of which were not reported until a number of years after the frauds were discovered.

Stefanie Mair, Senior Press Office of the charity regulator, on Thursday told SaharaReporters that the church was still under investigation.

“Adam Stephens remains in post as Interim Manager of Mountain of Fire and Miracles Ministries International where his duties include reviewing the charity’s financial and governance processes, inspecting a number of the charity’s branches and their handling of serious incidents.

“Our inquiry into the charity remains ongoing; as such we are unable to comment further at this time so as to avoid prejudicing the outcome of the inquiry. We intend to publish a full report setting out our findings on conclusion of the inquiry,” Mair said.

 

See Also

Exclusive

How United Kingdom Commission Appointed Interim Manager For Mountain Of Fire And Miracles Ministries Over Fraud Case


Corruption

Money Laundering

Scandal

News

AddThis

Original Author

SaharaReporters, New York

Disable advertisements

from 24HRSNEWS
via 24HRSNEWS



from EDUPEDIA247https://ift.tt/3giqaJk
via EDUPEDIA

Comments

Popular posts from this blog

Nigerian Academy Of Science Inducts First Female President

The Nigerian Academy of Science has inducted a professor of Parasitology/Epidemiology, Ekanem Ikpi Braide, as its 19th President on Thursday. In a statement issued by Oladoyin Odubanjo, the Executive Secretary of the Academy, Braide is the Academy’s first female President in 44 years of existence. It read, “Braide was a member of the national committee that achieved the laudable feat of guinea worm eradication in Nigeria. “She has a rich professional experience as a researcher and an administrator. In July 2010, Professor Braide was honoured by the President of Nigeria with the award of Officer of the Order of the Federal Republic (OFR) for her contribution to disease control in Nigeria. “She was nominated by the Honourable Minister of Health to serve in the Ministerial Expert Advisory Committee on COVID-19 Health Sector Response (MEACoC-HSR). “Professor Braide served as Vice-Chancellor, Cross River University of Technology (CRUTECH) Calabar, Nigeria (2004 to 2009) and as P...

NLNG Signs Letter Of Intent On Delayed Gas Expansion Project

The Nigerian Natural Liquefied Gas LTD has signed a letter of intent for the engineering, procurement and construction of its long held up Train Seven project. In a statement released by the company on Wednesday, it said that the $10bn project will be executed by a consortium of Italian firm Saipem, Japan’s Chiyoda and South Korea’s Daewoo. The statement reads, “The project will form part of the investment of over $10bn including the upstream scope of the LNG value chain, thereby boosting the much needed Foreign Direct Investment profile of Nigeria.” Managing Director of NLNG, Tony Atta, said in 2018 that the Final Investment Decision would be made in the fourth quarter of that year. This did not however, materialize. According to the release, the project will have a four to five-year execution time after the signing of the FID. The project is expected to add an extra 8 million tons per annum of gas to the 22 mtpa currently exported by the company. Oil News AddThis :...

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

  A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja.  Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi...