• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, May 31, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Foreign

Revealed: Reals reason UK shut Nigerian-owned Church

Church

The Matters Press by The Matters Press
June 18, 2022
Reading Time: 2 mins read
0
Revealed: Reals reason UK shut Nigerian-owned Church

SPAC

RELATED POSTS

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

Tinubu explains mission as he marks second year in office

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

UK court has closed a Nigerian-owned church, Salvation Proclaimer Ministries Limited, popularly known as SPAC Nation over financial exploitation.

Judge Burton of the UK High Court wound up the church in public interest on June 9, 2022.

The Official Receiver has been appointed as the 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.

The church group initially received positive reviews until late 2019 when it began to face media scrutiny after former church members accused the senior personnel of the church of financial exploitation.

The Insolvency Service received complaints about SPAC Nation before instigating its own confidential enquiries into the church group’s activities.

Investigators interviewed one of the company’s Directors, Adedapo Olugbenga Adegboyega, who was also known as Dapo Adegboyega or Pastor Dapo.

During interviews, Adegboyega said the church group had over 2,000 members and 200 ordained ministers and pastors but failed to provide any supporting information.

Further enquiries revealed 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.

According to the company’s financial statements, 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.

The court concluded that the church operated with a lack of transparency, filed suspicious or incorrect accounts, and was insolvent at the time of the hearing.

It was further recognised that the church provided inconsistent information to the Insolvency Service and Charity Commission and failed to deliver adequate accounting records

The church remains subject to a statutory inquiry by the Charity Commission, which is examining financial, governance, and safeguarding matters at the charity.

Edna Okhiria, Chief Investigator for the Insolvency Service said, “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.”

SOURCE

Tags: church
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Senate probes $3.5b with NNPC
Economy/Technology

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

May 30, 2025
Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

Tinubu explains mission as he marks second year in office

May 29, 2025
Chevron, NNPC secure $1.4bn for drilling project
Economy/Technology

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

May 26, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

May 21, 2025
Next Post
Defiant Nigeria moves to regulate social media

Defiant Nigeria moves to regulate social media

FMDQ’s turnover hits N24.03trn in September

FMDQ approves registration of Agro-allied company’s N20 bn CP programme

Recommended Stories

Bayelsa state wants more investment from Shell

Bayelsa state wants more investment from Shell

July 14, 2022
Soludo dares IPOB

Soludo presents N258. 9bn 2023 budget for Anambra

November 10, 2022
Intimidation, cyber-bullying by loan sharks

Students loan programme takes off January 2024 – Tinubu

October 24, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling
  • Tinubu explains mission as he marks second year in office
  • Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us