Connect with us

Headline

UK Closes Nigerian-owned Church Over Financial Mismanagement

Published

on

A United Kingdom High Court has ordered the closure of Salvation Proclaimer Ministries Limited, a church led by Nigeria-born Tobi Adegboyega, over alleged financial mismanagement and lack of transparency in its operations.

In a statement published to the UK government website on Friday, the church, popularly known as SPAC Nation, was said to have been closed “in the public interest.”

Advertisement

The church, according to the statement, was wound up “after failing to properly account for more than £1.87 million of outgoings and operating with a lack of transparency” in the High Court on June 9, 2022 before Judge Burton.

The statement partly read, “Salvation Proclaimer Ministries Limited, more commonly known as SPAC Nation, was wound up in the public interest in the High Court on 9 June 2022 before Judge Burton. The Official Receiver has been appointed as liquidator of the company.

“The court heard that SPAC Nation was incorporated in 2012, a charity set up to advance Christianity. Much of its charitable work was based in London, working particularly with vulnerable people, youth, and offenders.”

Advertisement

READ ALSO: Why I Dedicated White Garment Church –Adeboye

While noting that SPAC Nation, which was incorporated on 10 September 2012, initially had positive reviews and media attention, the statement said the church “was subject to media scrutiny following allegations by former church members they had been financially exploited by senior church personnel” by late 2019.

“Initially, the church group received positive reviews and media attention. But by late 2019 SPAC Nation was subject to media scrutiny following allegations by former church members they had been financially exploited by senior church personnel.

Advertisement

“The Insolvency Service received complaints about SPAC Nation before instigating its own confidential enquiries into the church group’s activities,” according to the statement.

The statement further said the church failed to comply with statutory requirements and made claims without providing supporting information.

It stated, “Investigators interviewed one of the company’s directors, Adedapo Olugbenga Adegboyega, who was also known as Dapo Adegboyega or Pastor Dapo. During interviews, Mr Adegboyega said that the church group had over 2,000 members and 200 ordained ministers and pastors but failed to provide any supporting information.

Advertisement

“Further enquiries found that SPAC Nation either failed to comply or only partially complied with statutory requirements, including providing data to support claimed donations, and accounting records in support of £1.87 million of expenditure.

“The company’s financial statements in the two years to 31 December 2019 set out £610,000 of rent expenditure. However, the company did not have a single base of its own and would hire venues across London to hold services, at significant expense.”

“Salvation Proclaimer Ministries Limited was wound-up after the court concluded the company operated with a lack of transparency, filed suspicious or incorrect accounts, and was insolvent at the time of the hearing.

Advertisement

“It was also recognised that the company provided inconsistent information to the Insolvency Service and Charity Commission, and failed to deliver up adequate accounting records.

“The company remains subject of a statutory inquiry by the Charity Commission, who are examining financial, governance and safeguarding matters at the charity,” the statement added.

The Chief Investigator for the Insolvency Service, Edna Okhiria, was quoted by the statement as saying, “While SPAC Nation claimed it had noble intentions to support vulnerable and young people, our enquiries uncovered a different side of the charity. There were clear concerns around how the church group managed its affairs and SPAC Nation failed to properly account for income received from donations and other expenditure.

Advertisement

READ ALSO: No PVC, No Church’: Priest Sends Congregants Without PVC Back Home [Video]

“The court recognised the severity of SPAC Nation’s actions and this sends a strong message that proper records and accounts must be maintained, even if you’re a charity.”

Advertisement
Advertisement
Comments

Headline

UK, Nigeria Sign Deal On Deportation

Published

on

By

The United Kingdom and Nigeria have signed an agreement to speed up the deportation of criminals.

The deal will see offenders receive new travel documents within five working days.

Advertisement

The UK removed 13 Nigerians on Thursday, including eight foreign criminals and five who overstayed their visas.

Home Secretary Priti Patel confirmed the Memorandum of Understanding (MoU) with Nigeria.

The official noted that the MoU on migration issues would tackle illegal migration and the significant threat it poses to both nations.

Advertisement

READ ALSO: Why 30 Nigerians Were Deported From UK

Patel said the countries will share their expertise and take the fight against persons responsible for criminality and security breaches.

“This landmark agreement will increase the deportation of dangerous foreign criminals to make our streets and country safer”, Patel added.

Advertisement

The UK Home Office has signed similar agreements with Serbia, Albania and India.

Advertisement
Continue Reading

Headline

War: Ukraine Has Dealt Severe Blow On Russia – US

Published

on

By

President Joe Biden of the United States of America has said that the war in Ukraine has already taken a toll on Russia.

“Look at the impact that the war on Ukraine has had on Russia. They’ve had to renege on their national debt for the first time since the beginning, almost well over 100 years,” the American leader said at a news conference in Madrid, CBN reports, adding that Russia has already lost 15 years of its economic gains.

Advertisement

He said that Russia is in a situation where it is having trouble because of sanctions from America and its allies, especially on technological equipment, adding that Moscow will have more trouble “maintaining oil production because they don’t have the technology to do it.

READ ALSO: War: Putin Speaks On Weapon Of Mass Destruction

“And they also are in a similar situation in terms of their weapons systems and some of their military systems.”

Advertisement

According to Biden, Russia is paying a very heavy price for its invasion of Ukraine, adding the US and NATO will not abandon Ukraine.

“Ukraine has already dealt a severe blow to Russia,” he added.

Biden believes that Russia has already lost its international standing as it has taken them so long to take over major cities in Ukraine.

Advertisement

Sweden and Finland are now members of NATO, a situation the alliance has described as a huge blow on Russia.

However, President Putin has since dismissed Finland and Sweden’s new status, saying it does not bother Russia.

Advertisement
Continue Reading

Headline

War: Putin Speaks On Weapon Of Mass Destruction

Published

on

By

President Vladimir Putin of Russia says his country is “open to dialogue” on strategic stability and nuclear non-proliferation of weapons of mass destruction.

Putin said this on Thursday in his video address to the participants of the St. Petersburg International Legal Forum, according to CNN.

Advertisement

According to the Russian leader, his nation would welcome dialogue on improving the situation with arms control.

“Russia is open to dialogue on ensuring strategic stability, maintaining the non-proliferation regimes for weapons of mass destruction, and improving the situation in the field of arms control,” Putin said.

READ ALSO: War: Ukrainian Mayor Warns Residents To Run Away As Russian Troops Approach

Advertisement

He said that Russia is willing to welcome ideas from everyone who is interested in this.

Earlier in June, Kremlin’s spokesman, Dmitry Peskov said it was essential to continue communication between Russia and the United States of America on the “principles of mutual respect, the indivisibility of security, consideration of mutual concerns and mutual benefit.”

Advertisement
Continue Reading

Trending