• About Us
  • Contact Us
  • Advertise
  • Privacy Policy
Friday, March 31, 2023
Niger Delta Today
ADOVIC Technology
  • Home
  • Niger Delta
    • Abia State
    • Akwa Ibom
    • Bayelsa State
    • Cross River
    • Delta
    • Edo
    • Imo
    • Ondo
    • Rivers
  • National News
  • Politics
  • Metro
  • Business
  • Entertainment
  • Editorial
  • Opinion
No Result
View All Result
  • Home
  • Niger Delta
    • Abia State
    • Akwa Ibom
    • Bayelsa State
    • Cross River
    • Delta
    • Edo
    • Imo
    • Ondo
    • Rivers
  • National News
  • Politics
  • Metro
  • Business
  • Entertainment
  • Editorial
  • Opinion
Niger Delta Today
No Result
View All Result

Church Owned By Popular Nigerian UK-Based Pastor Shut Over Financial Mismanagement

by Niger Delta Today
June 17, 2022
in National News
0
Tobi Adegboyega

Tobi Adegboyega

Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

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.”

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.”

Recommended For You

Why Ex-Petroleum Minister, Diezani, Wasn’t Extradited To Nigeria  – Interpol

UK Mourns As Queen Elizabeth II Passes On At 96

UK Police Arrests Nigerian Senator Ekweremadu, Wife

Why Repatriation Of £4.2m Ibori Loot From UK Is Delaying – Malami

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.

“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.

“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.

“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.

“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.”

(PUNCH)

Tags: Tobi AdegboyegaUK
ShareTweetSendShare
Previous Post

VP Slot: Clark, Southern, Middle Belt Leaders Declare Okowa Persona Non Grata, Betrayal Of The Highest Order

Next Post

2023: NAWOJ Charges Political Parties To Pick Women As Governorship Running Mates

Related Posts

Govt Officials Under-Reporting Nigerian Crude Production – Report

March 28, 2023

Court Dismisses Certificate Forgery Case Against Timipre Sylva

March 28, 2023

FG Accuses Top Nigerian Clerics Of ‘Poisoning Political Space’ With Strange Predictions

March 28, 2023

Excitement As UNN Confers Honorary Doctorate Degree On Ex-Delta Governor Uduaghan

March 26, 2023

CBN Directs Banks To Open Saturdays, Sundays Over Cash Crunch

March 24, 2023
President Muhammadu Buhari

SYNW Commends President Buhari For Signing Copyright Bill Into Law

March 24, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

LATEST

Govt Officials Under-Reporting Nigerian Crude Production – Report

March 28, 2023

Court Dismisses Certificate Forgery Case Against Timipre Sylva

March 28, 2023

PDP Replaces Ayu As National Chairman, Damagum To Act

March 28, 2023

FG Accuses Top Nigerian Clerics Of ‘Poisoning Political Space’ With Strange Predictions

March 28, 2023

Benue Ward Suspends PDP National Chairman, Iyorchia Ayu, From Party

March 26, 2023

POPULAR POSTS

  • Senator Ovie Omo-Agege

    Delta APC, Omo-Agege Petition INEC Over Collation of Election Results

    0 shares
    Share 0 Tweet 0
  • The CJN On Wheelchair By Festus Adedayo

    0 shares
    Share 0 Tweet 0
  • Francis Ewherido: Like Lazarus, God “Resurrected” Me

    0 shares
    Share 0 Tweet 0
  • Keyamo Writes DSS, Demands Arrest Of Peter Obi, Datti Baba-Ahmed

    0 shares
    Share 0 Tweet 0
  • Osun Guber: Court Of Appeal Reverses Judgement Sacking Governor Adeleke

    0 shares
    Share 0 Tweet 0
  • UK Court Convicts Ekweremadu, Wife, Doctor For Organ Harvesting

    0 shares
    Share 0 Tweet 0
  • Ex-Niger Delta Agitators Set To Storm Abuja For “Ndiomu Must Go” Protest

    0 shares
    Share 0 Tweet 0
  • Omo-Agege Mourns Departed World’s Oldest Monarch And Ohworode Of Olomu

    0 shares
    Share 0 Tweet 0
  • Delta Guber: Omo-Agege Will Reclaim Mandate In Court, Dafinone Assures Deltans

    0 shares
    Share 0 Tweet 0
  • After Massive Rigging, Delta PDP Jittery Over BVAS Accreditation, Says APC

    0 shares
    Share 0 Tweet 0

LIKE US ON FACEBOOK

  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy

© 2019 NIGER DELTA TODAY - Published By NDT Associates Ltd.

No Result
View All Result
  • Niger Delta
    • Abia State
    • Akwa Ibom
    • Bayelsa State
    • Cross River
    • Delta
    • Edo
    • Imo
    • Ondo
    • Rivers
  • National News
  • World News
  • Politics
  • Metro
  • Education
  • Business
  • Health
  • Sports
  • Editorial
  • Opinion
  • Entertainment
  • Tech
  • Social Media
  • Niger Delta Today TV

© 2019 NIGER DELTA TODAY - Published By NDT Associates Ltd.