Nedu Wazobia denies fraud allegations, reaffirms commitment to Education and Philanthropy, announces legal action

Nedu Wazobia denies fraud allegations, reaffirms commitment to Education and Philanthropy, announces legal action

Renowned media personality and philanthropist Nedu Wazobia, through his management team at Tokindrumz, has categorically denied recent allegations of fraud and financial misconduct.

In a firm statement, Nedu reaffirmed his unwavering dedication to education, philanthropy, and social impact, while announcing decisive legal action against false claims aimed at tarnishing his reputation.

Key Highlights

1. Absolute Denial of Fraud and Financial Misconduct

• Nedu Wazobia and Tokindrumz Management unequivocally refute all allegations of fraud concerning the Nedu Scholarship Foundation (NDSCHF).

• Commitment to Financial Transparency: All funds for the NDSCHF initiative were managed by a globally recognized social enterprise, ensuring full accountability. At no point did Nedu personally handle or control donations.

• Public Access to Records: Comprehensive financial documents, vendor agreements, and communications have been submitted to relevant authorities and are available for review.

2. Nedu Scholarship Foundation (NDSCHF) – Championing Educational Access

• Mission: To provide full scholarships to 1,000 underprivileged Nigerian students over two years (£10,000 per student), ensuring access to quality education.

• Strategic Partnerships: Collaborating with an esteemed international social enterprise to maintain strict financial oversight and execution.

• Fundraising Achievements:

• Three fundraising events scheduled (Lagos, Abuja, London).

• Lagos Event (January 2024): Successfully raised ₦19 million in pledges and ₦4.1 million in direct donations, supported by celebrities such as Timaya and Casey.

• Strict Financial Oversight: All payments to vendors, including event organizers, PR teams, and logistics providers, were managed directly by Tokindrumz Management; no funds were deposited into Nedu’s personal accounts.

3. Beyond Education: Nedu’s Broader Philanthropic Footprint

Nedu Wazobia’s social impact extends far beyond education, with long-standing initiatives that include:

• Support for Families and Women: Providing guidance on marriage, parenting, and personal growth.

• Advocacy for Rape Victims: Offering emotional support, legal assistance, and public awareness campaigns.

• Aid for the Sick and Vulnerable: Facilitating medical assistance, financial relief, and logistics support for those in need.

4. Legal Action Against Defamation

• Zero Tolerance for False Allegations: Nedu has declared an end to unwarranted defamation, stating, “The ‘nice Nedu’ is dead and buried.”

• Legal Measures in Motion: Proceedings have commenced against individuals and entities propagating misleading claims about NDSCHF and his personal integrity.

• Reputation Protection Strategy: Nedu remains steadfast in defending his credibility while continuing his philanthropic mission.

5. Social Media Oversight & Misinformation Prevention

• Professional Management: Nedu’s social media platforms are strictly supervised by his management team to prevent misinformation, unauthorized posts, or fraudulent activities.

• Transparency Commitment: Official updates on the NDSCHF initiative, including donation records and impact reports, will continue to be shared through verified channels.

Statement from Nedu Wazobia

My purpose is to uplift and empower Nigerians through education, advocacy, and tangible action. While I will no longer tolerate baseless allegations, my dedication to this cause remains unshaken. Let the facts speak for themselves. - Nedu Wazobia

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