The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that the anti-graft agency traced the sum of N7 billion suspected to be proceeds of money laundering, to a religious organisation.
Speaking during a public engagement on youth, religion, and the fight against corruption, as well as the launch of the fraud risk assessment project for ministries, departments, and agencies, Olukoyede stated that the EFCC was investigating a N13bn fraud case when it discovered that N7billion of the N13bn was linked to a religious body’s bank account.
Olukoyede said, “We were investigating a ₦13bn money laundering case when we discovered that N7billion of the N13bn was linked to a religious organization’s bank account.”
He added, “When we approached the religious organization about it and we were carrying out our investigation, we got a restraining order stopping us from carrying out our investigation.”
