Over 1 million Nigerians waiting for grant payments from fraudulent foundation
The Theobarth Foundation which promised to lift millions of Nigerians out of poverty by its owner Dr Apostle Theophilus O. Ebonyi a self proclaimed philanthropist is rather putting more Nigerians into ruinous penury. A Felastory investigation reveals that Ebonyi is the founder of Faith on the Rock Ministry, a religious-faith based centre in Nasarawa State, Nigeria.
The foundation runs a complex ‘pyramid scheme’, it does not produce any good or service, it has not disclosed its wealthy donors for its poverty alleviation programme, the revenue streams for the scheme is asking grant applicants from the rural areas to pay a legal impost fee. Applicants are divided into three categories for poverty alleviation. To get a N10 million grant as a non governmental organisation(NGO) you pay a fee of N48,900, for a grant of N5 million you pay N28,900 as a “Cluster Head” then the lowest level “Beneficiary” for a grant of N1 million you pay N10,900. Theobarth claims that the fees are for verification and administration. Using the phrase “legal impost” is a blatant attempt to defraud Nigerians living in the rural areas who asked to provide personal details, email addresses and bank account numbers. Impost means any royalty (whether based on value, profit or otherwise), tax, duty, excise, levy, fee, rate or charge, imposed by Law or by any Authority.
You can only apply online for the grant and how many people in the rural areas have internet access?
Alarms bells are currently ringing as on the Theobarth website 45 NGOs a whopping N450 MILLION has been disbursed via direct transfer to bank account. On its Telegram channel Disbursement update with 21,000 plus members, anxious subscribers in their thousands are desperately asking when will they get the credit alert after paying legal impost? Johel for God the administrator of the channel replied to anxious subscribers on Tuesday.
🍏🍏 ALART MESSAGE WILL DROP IN UR PHONE IN DE MID-NIGHT WHEN U ARE FAST ASLEEP
🍈🍈 U WILL WAKE UP AND RUB UR FACE WITH COLD WATER & START ASKING URSELF IF THIS IS A MERE DREAM OR A REALITY (AM I DE REAL OWNER OF ALL THIS MONIES)??
🍏🍏 U MIGHTY START DANCING 💃 💃 PRAISING GOD AND SAYING TO URSELF DAT U ARE A WINNER, U MADE IT AT LAST AFTER THE LONG ENDURANCE AND PRAYER… NOW U HAVE GOT UR MONEY, U WILL DANCE WITH UR FAMILIES TILL DAY BREAK
🍈🍈 DAT WHOLE NIGHT WOULD BE A CALL FOR CELERATION, TILL DE NEXT MORNING WHEN U WILL GO TO EITHER BANK OR A NEARBY POS TO MAKE UR FIRST WITHDRAWAL JUST TO CONFIRM IT IS REAL… AFTER U WITHRAW LIKE 50,000 INSTANTLY AT DAT MONENT U WILL FEEL SO BIG, U WILL TELL URSELF DAT “I HAVE ARRIVED” U WILL USE THAT FIRST 50,000 TO BUY CHIKEN, DRINKS FRUITS AND CELEBRATE HAPPILY WITH UR FAMILIES FOR A BATTLE FINALLY WON…
🍏🍏 AFTER SOME HOURS U WILL CALL UR WIFE AND START PLANING HOW TO INVEST, PAY SOME DEBTS BUY UR NECCESSARY FOOD STUFFS, PAY CHILDREN SCHOOL FEES ETC.
🍈🍈 BUT ALL THESE MUST HAPPEN SILENTLY ON A LOW KEY.. DO NOT OVER CELEBRATE OR RAISE UR SHOULDER UP, BECAUSE U DONT KNOW WHO LOVE U OR HATE U, U DONT EVEN KNOW IS HAS A BAD PLAN AGAINST U.. NIGERIA IS NOT SECURE AT ALL, HATRED IS TOO MUCH NOWADAYS!!
BE WISE, BE SMART, SPEND WISELY AND WATCH UR BACK, KNOW WHO U DISCUSS EVERY OF UR PLANS ON INVESTMENTS WITH… NEVER TRUST ANYONE 100%…
An Excel spreadsheet containing the names, phone numbers, business, amount of grant, bank and account number was uploaded on the Telegram telling applicants to verify their details. Analysis of the the spread sheet shows that 219 people with various start ups have been approved for N5 million each with total estimation over a N100 million.
So who funds the foundation?
Our correspondent tried to chat with one of the applicants. She said that somebody registered on her behalf. Asked if any money was paid to Theobarth she hung up after calling our correspondent a thief.
This is a developing story.