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Home Entertainment

Omah Lay owed ₦12000 for MMM investment, claims his old friend

Man claims singer borrowed money in 2014 for failed Ponzi scheme

Ibrahim Onipede by Ibrahim Onipede
July 30, 2025
in Entertainment
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Omah Lay Owed ₦12000 for MMM Investment
thenacre-campaign

Omah Lay owed ₦12000 for MMM investment says longtime friend in viral video. He claims the singer borrowed the money in 2014 and never paid back

Omah Lay Owed ₦12000 for MMM Investment, according to a Nigerian man who claims to be the singer’s longtime friend from Port Harcourt.

Also read: Omah Lay declares Davido a legend as they prepare for collaboration

The accusation went viral after it was shared on X (formerly Twitter) by user @AsakyGRN, featuring a video of the man recounting the incident.

In the video, he alleges that back in 2014, a then-unknown Omah Lay persuaded him to lend ₦12,000 to invest in the now-defunct MMM Ponzi scheme.

“He owes me ₦12,000. When he was in the hood, he told me to invest in MMM,” the man says.
“I said I didn’t do those things, but he convinced me. I gave him the ₦12,000.”

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He owes me ₦12,000. When he was in the hood, he told me to invest in MMM

He insists that despite several years passing, he has not been repaid, and he’s now calling on the singer to settle the debt.

The story has triggered mixed reactions online.

Omah Lay has not yet responded publicly to the claim.

Also read: Omah Lay expresses gratitude as Davido gives him a shout-out on livestream

Users questioned the man’s motives and timing, suggesting it’s a clout-chasing move, while others joked about the small amount and the infamous legacy of MMM.

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Ibrahim Onipede
Ibrahim Onipede

Ibrahim Onipede is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

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