We have uncovered a religious sect laundering money for terrorists - EFCC Chairman

We have uncovered a religious sect laundering money for terrorists – EFCC Chairman

We have uncovered a religious sect laundering money for terrorists - EFCC Chairman

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, says the agency has uncovered how a religious sect in Nigeria is laundering money for terrorists.

 

The EFCC boss made the revelation on Wednesday at the Musa Yar’Adua Centre, Abuja, during a one-day dialogue on “Youth, Religion, and the Fight against Corruption.

 

While speaking at the event, Olukoyede stated that investigations have shown that religious organizations, institutions, sects, and bodies, are now being used as conduit pipes to launder money.

“A religious sect in this country had been found to be laundering money for terrorists. We were able to trace some laundered money to a religious organization, and 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,” he said

Check Also

Singer Sean Kingston faces 10 charges in Florida fraud case

Singer Sean Kingston faces 10 charges in Florida fraud case

Singer Sean Kingston is facing 10 charges in Florida after being arrested alongside his mother …

Leave a Reply