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BREAKING: EFCC Traces N7bn To Religious Body Funding Terrorists

EFCC has traced N7 billion, suspected to be proceeds of fraud, to a religious organization.

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The Economic and Financial Crimes Commission (EFCC) has traced N7 billion, suspected to be proceeds of fraud, to a religious organization.

VerseNews reports that the Chairman, Ola Olukoyede, revealed this during a dialogue on “Youth, Religion, and the Fight against Corruption.”

The EFCC discovered the N7 billion while investigating a N13 billion fraud case, and the religious organization obtained a restraining order to prevent the EFCC from inviting its leaders.

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Olukoyede stated that the commission is appealing the restraining order to recover the stolen funds.

Additionally, another unnamed religious body is linked to money laundering for a terrorist organization.

The EFCC chairman also revealed that since his assumption of office as the EFCC chairman about three months ago, the commission has secured 747 convictions.

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Lamenting the high number of convictions, the EFCC chairman said most of them were from Internet related offences.

The event had the theme: “Youth, Religion and the Fight Against Corruption” and it featured launch of the Interfaith Preaching and Teaching Manual developed by the Interfaith Anti-corruption Advisory Committee (IAAC) of the Commission as a resource to promote abhorrence for corruption among adherents of the two religions: Islam and Christianity.

The Commission’s Fraud Risk Assessment Prevention and Control Project for Ministries, Departments and Agencies, MDAs, was also launched at the event.

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