PSL Is Empowerment Foundation Not Ponzi Scheme - Abraham - THE ENCOUNTER NEWS


Tuesday, September 1, 2020

PSL Is Empowerment Foundation Not Ponzi Scheme - Abraham


Adenike Sanusi 

ABEOKUTA - The Leadman of Possibility Specialists Foundation (PSL), Egona Abraham has said that the PSL scheme is not a Ponzi nor referral scheme but a humanitarian centered development programme designed to support the government in empowering people to achieve financial freedom through a reliable body.

Abraham said PSL is an empowerment company with strategic ideologies to make all those who become members of the company to achieve financial freedom through donations received.

The business tycoon and popular philanthropist in a telephone conversation with our correspondent said the empowerment company is founded on the fear of God, proven track records of integrity, transparency, high level of financial intelligence and discipline.

He said the company is registered with the Coporate Affairs Commission (CAC) while its activities are also monitored by the Economic and Financial Crime Commission (EFCC).

He disclosed that PSL is certified with a Special Control Unit against Money Laundering (SCUML) certificate and sends monthly reports to EFCC in collaboration against money laundering. 

He said this made PSL to stand out and that no person of shady deals can engage the company under such tight monitoring by relevant agencies.

He said "PSL is a ministry of reconciliation with virtual presence all over Nigeria and major countries in the World, it not an online company. Simply put, PSL is joining hands with our government in making life comfortable for the masses especially through her skill acquisition trainings and empowerment offers.

Father Abraham as he is fondly called said the dynamic organization comprises of people with mutual benefits, who know each other one on one, and have faith in each other.

He said "we have been involved in verifiable services to our numerous partners and donors for the past 21 years including days when it was not registered and building the strong foundation it has now. Today, it’s now a conglomerate led by God.

"Over the years, PSL has effected thousands of Nigerians who will speak boldly for the company at anytime; we have been tested, proven and found worthy to alleviate poverty and the pains of thousands, through centralizing of efforts together to achieve a common goal which is success delivery with no excuses”

FatherAbraham said the vision and mission of PSL is anchored on correcting all ills and distrust that have been so rampant in our society and country,where truth is hard to find, hence, the following three-fold vision of redefining the concept of truth and prove that it is obtainable in this part of the world.

Others are to create an enabling platform for donors to leverage on for financial growth, spiritual maturity and positive social influence as well as making global impact by empowering as many donors with necessary skills and financial intelligence to empower others.

He said the company's area of interest are car sales, skill acquisition trainings worldwide, forex trading, supplies of  various educational and instructional materials, industrial consultancy, Honey production and marketing of agricultural products from our farms, Estate management, Rice and bread production, security consultancy as well as security equipment sales.

Abraham revealed that the conglomerate organization which comprises; Possibility Specialists Foundation, Possibility Specialists Global Resources Limited, Possibility Specialists Global Resources, Possibility Specialists Guards and Possibility Specialists Multi Purpose Cooperative Society and more in the making.

He said getting empowered by PSL require to be a member and donate a minimum amount of N100,000 or a maximum of N5million payable to any of our accounts and the donor will be receiving 20% monthly empowerment of the amount donated for 15 months with opportunity for members to earn for life by compounding their empowerment funds individually as often as possible.

"You will be entitled to 20% monthly empowerment as a donor for a 15-month co-ownership period, giving you a total of 300% less tithes deducted for caring for the less privileged and all your benefits will be credited into your local bank account directly,no third party deposits. You can have multiple donations in PSL and enjoy empowerment concurrently on them. Each donation stands alone with a 15 month periodic expiry. All capital guaranteed by the grace of God" Abraham said.

He added that in the event of the inevitable or death of any donor, his or her next of kin will get all entitlements for the period of co-ownership as PSL will contact the beneficiary to continue earning rights.

Abraham explained further that PSL is not a ponzi scheme or an investment platform which usually defraud many Nigerians emphasising that "what we rather do in PSL is to empower Nigerians to achieve their aims and let Nigerians also realize that truth can be found in our country".

He said "for instance you have N1m but the project you want to do is N3m, all you need do is to send your N1million and PSL will empower you with 20% every month to be able to cope with that project and it is that projects that PSL will now help you service gradually.

"Some people that want to buy a car in about some months ahead, project it ahead and put in your funds and let small funds pay the whole. It is as simple as that. Houses can be built by you with this unique and simple ideology of helping one another .It is amazing to know that PSL is not political inclined but a Christian body affecting lives worldwide"

"It might even be for fish pond development. Somebody who dropped maybe like 400,000 can tag it "fish pond development." Now, when PSL is paying you =N=74,700, for depositing 400k, as you're receiving it monthly, you're using it to develop your pond truly".

With offices nationwide, PSL has its international headquarters office in Ijebu-Ode where the PSL Leadman, Abraham Egona was born, schooled, married and living to date.


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