BREAKING: EFCC uncovers religious sect laundering money for terrorists

Mr Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission (EFCC), has disclosed that the commission has uncovered how a religious sect in Nigeria is been used as a front to launder money for terrorists.

The chairman of the anti-graft agency made this known on Wednesday at the Musa Yar’Adua Centre, Abuja, during a one-day dialogue on “Youth, Religion, and the Fight against Corruption.”

Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede

He also said that another religious organization was found to be shielding a money launderer after some money suspected to have been laundered was traced to the group’s bank account.

The anti-corruption czar added that religious organisations, institutions, sects, and bodies, have been found culpable of money laundering.

He said, “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 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.”

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