The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, revealed startling revelations during a public engagement on youth, religion, and corruption. The EFCC, while investigating a N13bn fraud case, discovered that N7bn was linked to a religious body’s bank account, exposing their involvement in money laundering for terrorists.

Olukoyede emphasized that various religious organizations have been implicated in money laundering activities. Despite facing resistance, as one religious organization obtained a restraining order, the EFCC is determined to pursue the investigation and recover the stolen funds.

The public engagement, themed “Youth, Religion and the Fight Against Corruption,” addressed the challenges of youth involvement in cybercrimes. The event also marked the launch of the Interfaith Preaching and Teaching Manual, designed to combat corruption among Islam and Christianity adherents. Additionally, the EFCC’s Fraud Risk Assessment Prevention and Control Project for Ministries, Departments, and Agencies was inaugurated during the one-day event.

Credit: Punch