EFCC Discovers Religious Sect Laundering Money for Terrorists

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, says the anti-graft agency discovered that a religious sect in Nigeria is involved in money laundering for terrorists.
EFCC operatives
EFCC operatives Google photos

He also disclosed that another religious body was found to protect a money launderer when money suspected to be laundered was traced to the organization's bank account.

The EFCC boss shared this information on Wednesday at the Musa Yar’Adua Centre, Abuja, during a one-day dialogue on "Youth, Religion, and the Fight against Corruption," where he mentioned that religious organizations, institutions, sects, and bodies have been found guilty of money laundering.

Olukoyede said, “A religious sect in this country had been found to be laundering money for terrorists.”

Earlier, he noted, “We were able to trace some laundered money to a religious organisation, and when we apporached the religious organisation about it and we were carrying out our investigation, we got a restraining order stopping us from carrying out our investigation.”

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