Uganda’s renowned gospel minister Prophet Elvis Mbonye has revealed that he foretold the Turkey earthquake which left more than 50,000 people dead in the region as buildings collapsed.
The 7.8 magnitude earthquake struck on February, 6, 2023 in southern Turkey close to the Syrian border and was followed by powerful aftershocks.
In a video clip on his Youtube channel, it states that Mbonye foretold the earthquake on Tuesday, September, 20 2022 during his weekly fellowship.
“The spirit of God began to reveal to me an earthquake that is about to happen and I will tell you if I remember what it will be significant but it will be in a place and a time where it’s not expected and it will be great,” he said.
He adds that; “Actually when I was standing here, this place shook. I don’t know whether they (instrumentalists) heard it, but it shook and then the Lord started giving me the message.”
This is merely one of the many recent global events that Prophet Mbonye is said to have foretold, some of which include the recently collapsed Silicon Valley Bank, the election of William Ruto as the president of Kenya, the floods in the eastern part of Uganda among others.
About the Silicon Valley Bank Collapse, Mbonye said that there are so many things that are going to begin to shake in the world.
“You are going to see technologies, firms, shake. All for a sign unto His people. People are going to lose billions upon billions, nations. You see that place in Silicon Valley? Are you watching it carefully? You will know who is more powerful; whether the prophet who is standing before you or Silicon Valley,” he said.
“I am telling you. And this is how I am telling you and you will remember this day. Now you wait and see the shaking that happens. You will know that it is for a wonder and a sign to you that you may rely on the Lord your God. You will know where the true riches indeed come from”
Silicon Valley Bank was founded in 1983 and was the 16th largest U.S. bank before its collapse. They specialized in financing and banking for venture capital-backed startup companies, mostly technology companies. Venture capital firms did business there as well as several tech executives.
Based in Silicon Valley, the bank had assets totaling $209 billion at the end of 2022, according to the Federal Deposit Insurance Corporation (FDIC).
It provided financing for about half of all U.S. venture-backed technology and healthcare companies.
It was a preferred bank for the tech sector because they supported startup companies that not all banks would accept due to higher risks.
The pandemic in 2020 was a hot market for tech companies as consumers spent big money on digital services and electronics.
Tech companies had a large influx of cash, and bank’s services were needed during this time to hold their cash for business expenses, such as payroll.
The bank invested much of these deposits as banks typically do.
The collapse happened for multiple reasons, including a lack of diversification and a classic bank run, where many customers withdrew their deposits simultaneously due to fears of the bank’s solvency. Many of the bank’s depositors were startup companies.
