Connect with us

Hi, what are you looking for?

Metro

BREAKING: EFCC uncovers religious sect laundering money for terrorists – Chairman

Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission has revealed that the anti-graft agency uncovered how a religious sect in Nigeria is laundering money for terrorists.

This was as he also revealed that another religious body was found to be protecting a money launderer after some money suspected to have been laundered was traced to the organisation’s bank account.

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.”

He noted that religious organisations, institutions, sects, and bodies, have been found culpable of money laundering.

Olukoyede said, “A religious sect in this country had been found to be laundering money for terrorists.”

Earlier, he noted, “We were able to trace some laundered money to a religious organisation, and when we apporached the religious organisation about it and we were carrying out our investigation, we got a restraining order stopping us from carrying out our investigation.”

Details later…..

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Broadcasting

Kano State Police Command has arrested 17 suspected forex hawkers for illegal operation of Bureau de Change. Spokesperson of the command, SP Abdullahi Haruna...

World

Iran has warned its adversaries the US and Israel that it could be pushed into building a nuclear weapon if Israel threatens its existence....

Politics

House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately halt the implementation of the cybersecurity levy in compliance with the...

News

By Andrew Egan, Africa Regional Sales Director at Infobip With brands recognising the power of conversations, AI-driven solutions, and phygital experiences, consumers can anticipate...