EFCC declares Pastor, wife wanted for N2 billion ponzi fraud

EFCC declares Pastor, wife wanted for N2 billion ponzi fraud

The Will

The Chief Executive Officer of Baraza Multipurpose Cooperative, a Bayelsa-based ponzi scheme, Pastor (Dr) Miebi Bribena (full name: Onyimiebi Bribena) and his wife, Beatrice Bribena, have been declared “Wanted” by the Economic and Financial Crimes Commission (EFCC), for allegedly defrauding Nigerians to the tune of N2 billion.

Pastor Bribena, who is a pastor at Christ Embassy, Kumasi 1, Ghana, fled Nigeria 2021, after failing to pay investors their return on investment (ROI), leading to protests in Yenagoa, the Bayelsa State capital.

Pastor Bribena had alleged that some staff of the cooperative compromised its systems by defrauding the organisation of over N300 million, adding that the organisation was carrying out a forensic audit to enable it to pay a backlog of unpaid surpluses to the investors and members, a promise that was never fulfilled.

A statement signed by Wilson Uwujaren, Head, Media & Publicity of EFCC partly reads: “Bribena and Beatrice are both natives of Yenagoa Local Government Area of Bayelsa State.

“Their last known address is: No 163 Mbiama Yenagoa Road, Biogbolo, Bayelsa State…

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