Ola Olukoyode, the chairman of the Economic and Financial Crimes Commission (EFCC), has disclosed that the anti-graft agency had traced about N7 billion to a religious organisation. The EFCC boss maintained that the money was suspected to be proceeds of fraud and money laundering.
According to Olukoyode, another religious sect was found laundering money for terrorists.
He made the disclosure on Wednesday, January 31, while speaking at a one-day dialogue on “Youth, Religion, and the Fight against Corruption” at the Musa Yar’Adua Centre in Abuja.
The EFCC disclosed that some of the religious bodies, organisations, sects and institutions had been of help and support to fraudsters and terrorists. According to Olukoyode, the laundered N7 billion was discovered in the bank account of a church while the EFCC was investigating a N13bn fraud.
READ ALSO: EFCC Chair: Religious Body Laundering Money for Terrorists
EFCC details N7bn proceed of fraud Though Olukoyode did not disclose the identity of the religious organisation, our cited a source privy to the development and said it was a church mission would retrieve the money via the court. Olukoyode said: “We were investigating an N13bn money laundering case when we discovered that N7bn of the N13bn was linked to a religious organisation’s bank account.”
He added that when the religious organisation was approached during the EFCC investigation, a restraining order stopped the agency from probing further. EFCC uncovers religious sect aiding terrorists Legit.ng earlier reported that the EFCC chairman also revealed a religious sect in Nigeria was responsible for laundering money for terrorists in Nigeria.
Olukoyede said a religious organisation was caught protecting a money launderer after the money laundered was traced to the religious organisation’s account. According to the EFCC chairman, they received a restraining order on getting to the religious organisation to carry out their investigation.
Source: Legit