Chairman Ola Olukoyede of the Economic and Financial Crimes Commission (EFCC) revealed that the agency has uncovered a religious sect in Nigeria involved in laundering money for terrorists.
In the course of investigating a N13 billion fraud case, it was discovered that N7 billion was linked to a religious body’s bank account. Despite facing a restraining order, Olukoyede stated that the EFCC is appealing to recover the stolen funds.
Under his three-month tenure, the EFCC has secured 747 convictions, mainly for Internet-related offences, emphasizing the need for youth reorientation to address cybercrime challenges.
The event, titled “Youth, Religion and the Fight Against Corruption,” marked the launch of the Interfaith Preaching and Teaching Manual and the inauguration of the EFCC’s Fraud Risk Assessment Prevention and Control Project.