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

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

DAILY POST

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

Olukoyede, who made the revelation at dialogue on ‘Youth, Religion, and the Fight against Corruption’, on Wednesday in Abuja, also said N7 billion fraud proceeds was traced to another religious organisation.

He noted that the EFCC had found religious organisations, institutions, sects and bodies culpable of money laundering in the country.

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

The EFCC boss said the religious body got a court injunction restraining the Commission from inviting, arresting or prosecuting its leader.

However, Olukoyede did not name the concerned religious organisations.

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

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

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

 

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