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EFCC uncovers religious body laundering money for terrorists, traces N7bn fraud to another

The Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, says the anti-graft agency has uncovered a religious sect that laundered money for terrorists.

Olukoyede, who disclosed at a dialogue on “Youths, Religion and Anti-Corruption” in Abuja on Wednesday, also said the proceeds of the N7 billion fraud were traced to another religious organization.

He noted that the EFCC found religious organizations, institutions, sects, and bodies responsible for money laundering in the country.

Olukoyede said one of these religious bodies took the Commission to court to protect its leader after laundered money was traced to his bank account.

The EFCC boss said the religious body had obtained a court order barring the Commission from summoning, arresting, or prosecuting its leader.

However, Olukoyede did not name the religious organizations concerned.

“We will not give up on recovering the stolen funds,” Olukoyede said.

“It is so sad that today as I stand in front of the leading audience our experience in fighting corruption has to do with religious leaders and even traditional rulers.

“As I stand before you, this is a matter we are dealing with over N30 billion from Nigeria and we have managed to trace N7 billion to a particular religious body.

“When we wrote the letter to the leader, the next thing we saw was the injunction preventing us from inviting them, preventing us from getting the money back.

Image Source: SolaceBase

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