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…
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