The
Kingsway International Christian Centre (KICC), a London- based
organization, of the main church pastored by Matthew Ashimolowo, has
refuted the allegation that he was involved Ponzi Scheme.KICC,
in a statement issued by Dipo Oluyomi, Chief Executive Officer and
James Mcglashan, Chief Operating Offficer, said: “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 $5 million when in fact 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. As you are aware from the Charities Commission’s
report, the decision to invest was solely that of the U.K trustees
without any involvement of Pastor Matthew Ashimolowo. Importantly as the
report states, it is the trustees who have the responsibility for
investing Charity Funds and not Pastor Ashimolowo.”
The statement
said the investment referred to were made by former trustees on behalf
of the Charity over seven and half years ago and that they believed they
were acting in the best interest of the Charity and “they did not and
have not benefited personally.”
“KICC is a Charity organisation
whose main aim is to advance the Christian religion in the U.K. and
around the world as well as provide local communities with a great deal
of counseling and support, including educational, bereavement and prayer
support.
“Pastor Matthew Ashimolowo preaches around the world on
behalf of KICC, spreading the word, touching lives both home and abroad,
raising Champions and the profile of KICC,” it stated.
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