Uk-based Nigerian pastor Tobi Adegboyega, is the founder of Salvation Proclaimers Ministries Limited, most known as SPAC Nation, has reacted to the news circulating all over the media, that his church has been shut down by the UK High court. over alleged 1.9millon fraud.

He stated that the rumours weren’t true in a Live Instagram interview with Daddy Freeze,  he said that “the company shut down was not his church, but another company he is no longer using. And he was already planning to pull out of the Charity Commission.”

“He added that by shutting down the company, the court has taken a burden off his shoulder, as the company means nothing to SPAC Nation. He assured his fans that his church is still very much functional and service will be held on Sunday with 2,000 young people gathering to worship God.”

Adegboyega also said “he has never collected tithe, offering or first fruits from his congregation. Though he used to believe in those things when he started his ministry, he no longer does.

According to him, “if they say he is not transparent enough, how much transparency do they want. I have been to the police and they have been to our church several times. BBC has done a documentary about us.”

Talking about the source of his wealth, he said, “I make money by doing business. I don’t collect money from my members. When Government said I should show them my financial records, I said no because it is not charity money. It is business money and the business pays tax.”

He further said, “if they have the guts or liver they should come and pick us if we have done anything wrong. For the first time, they have found a black church that can produce 10 years’ receipt.

“A lot of companies wind up, why is one of our companies winding up being a problem.” 

WAKADAILY gathered that the United Kingdom High Court has earlier given order in an official statement published on its website on Friday, to shut down the UK-based pastor Church.

According to the statement released by the UK official, “Further enquiries found 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.”

“The company’s financial statements in 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.”

“Salvation Proclaimer Ministries Limited was wound-up after the court concluded the company operated with a lack of transparency, filed suspicious or incorrect accounts, and was insolvent at the time of the hearing.”

“It was also recognised that the company provided inconsistent information to the Insolvency Service and Charity Commission, and failed to deliver up adequate accounting records.”