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Showing posts from June, 2022

UK closed church owned by Nigerian cleric over mismanagement of fund

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 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. This was publishedthe by 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 chari...