Founder and Chairman of Coscharis Motors, Dr. Cosmas Maduka on Monday said seemingly wealthy people who shout “money Na Water” people with wrong values.
Maduka said he has never seen anyone with real money flaunt his wealth saying money is water.
He listed oilMogul Femi Otedola and Tony Elumelu, a banker as some of the wealthy Nigerians who are never seen throwing money At parties.
In a video posted on his instagram page on Monday evening, Maduka could be seen showing disdain for people who flaunt wealth.
He said anytime he attends a party where money is thrown around, he finds a reason to excuse himself and takes his leave.
“I’ve never heard Tony Elumelu say money na water. I’ve never heard Femi Otedola say money na water. And I’ve never said money na water.
“When I come to function and you start those madness; start throwing money on people, I behave like I’m going to toilet and you will not see me again. Because these are dead value system, bad culture that we have learnt and it became invoked in this state.” Maduka said.
He maintained that money makes one humble as he recalled that rich people he knew while growing were always quiet.
Maduka charged the public to resent those who flaunts wealth rather than applauding them over what he described as a deadly bad culture.
“When we were growing up, rich people don’t make noise. All these people that make noise, they’ve never seen money. Tweet it to people and say that I said so.
“If you make money, it makes you humble. It makes you keep quiet.
“We have embraced very deadly bad culture and we are using it to train our children. Those things should stop. You should clap hands for people like that. You should resent it.” He added.