Adebayo Adenrele


The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede has said a religious sect is laundering money for terrorists, as the Commission traced N7 billion fraud proceeds to another religious group.

Olukoyede, who made the disclosure ll at a one-day dialogue on “Youth, Religion, and the Fight against Corruption.” on Wednesday in Abuja, also said N7 billion fraud proceeds was traced to another religious organisation.

He added that one of the religious bodies dragged the commission to court to protect its leader after laundered money was traced to its bank account.

The EFCC boss said the religious body got a court injunction restraining the commission from inviting, arresting or prosecuting its leader.

“We will not give up on recovering the stolen funds.” He declared