THE NATION
The Economic and Financial Crimes Commission (EFCC) revealed it had uncovered the financial activities of a religious sect in the country, laundering money for terrorists.
Chairman of the EFCC, Mr Ola Olukoyede, disclosed this during a Public Engagement on Youth, Religion, and the Fight Against Corruption, as well as the Launch of Inter-Faith Manual and Fraud Risk Assessment Project for ministries, departments and agencies of the federal government, at the Yar’Adua Centre, Abuja.
The event, organised by the EFCC, is a multi-dimensional stakeholders’ involvement in the fight against economic and financial crimes.
Olukoyede also revealed that another religious body was found to be protecting a money launderer after some money suspected to have been laundered was traced to the organisation’s bank account.
According to him, the Commission was investigating a N13bn fraud case when it discovered that N7bn of the N13bn was linked to a religious body’s bank account.
However, while the Commission was still investigating the money trail, the religious organisation reportedly went on to procure a restraining order to prevent further probe.
“A religious sect in this country had been found to be laundering money for terrorists. We were able to trace some laundered money to a religious organisation, and when we approached the religious organisation about it and we were carrying out our investigation, we got a restraining order stopping us from carrying out our investigation,” he said.
READ THE FULL STORY IN THE NATION
